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Nigeria lost N13trn to FX subsidy in 3 yrs – World Bank

The World Bank has revealed that the Nigerian government incurred a loss of N13.2 trillion to foreign exchange (FX) subsidy in the last three years. T

IMF downgrades Nigeria’s growth prospect to 2.9%

The International Monetary Fund (IMF) has downgraded Nigeria’s growth prospects for 2024 to 2.9% from 3.3% while raising growth expectations to 3.2%,

FG moves to reduce cooking gas prices, halts exports from Nov 1

The federal government has taken decisive steps to address the rising cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, by halting

Obasanjo: I would rather belong to Nigeria than Oodua Republic

Former President Olusegun Obasanjo on Tuesday said he is better off as a Nigerian than a member of the Oodua Republic. He spoke amid the growing agita

FG probes arms smuggling through Gulf of Guinea

The National Security Adviser (NSA), Nuhu Ribadu, on Tuesday said the federal government is investigating the Gulf of Guinea (GoG) as a major route fo