Nigeria
Nigeria experiences highest inflation in 19 months
The nation’s inflation rate rose to 11.85 per cent in November, its highest level since May 2018, a new report…
Senate will pass Buhari’s $29.96bn loan request, says Lawan
Ahmad Lawan, president of the senate, on Monday, confirmed that the red chamber would approve the $29.96bn loan request of…
Nigeria has lost $400bn to foreign havens, says Malami
Nigeria has lost over $400bn to offshore havens, said Abubakar Malami, the attorney-general of the federation and minister of justice…
Foreign reserves drop by $558.68m in two weeks
The country’s foreign exchange reserves continued its downward trend as it dropped from $39.8bn on November 11 to $39.24bn on…
Refineries lost N111bn in nine months, says NNPC
The three refineries owned by the federal government lost a total of N111.27bn from January to September this year, the…
Fuel consumption hits 67.66 million litres/day, subsidy gulps N10.1bn
The average daily consumption of petrol has hit 67.66 million litres, indicating an increase of 33.89 million litres when compared…
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