Tag: Naira

News and Analysis

Tinubu Defends Subsidy Removal, Forex Reforms, Says Nigeria Had ‘No Choice’ But To Act

By Taibat Ummi YakubuPresident Bola Ahmed Tinubu has defended the economic reforms introduced by his administration, saying the decision to remove petrol s...

Sulaiman Umar · Oct 02, 2026 · 248

News and Analysis

Nigeria’s Debt Hits ₦166.79tn as Interest Swallows More Than Half of External Payments

Nigeria’s total public debt climbed to ₦166.79 trillion at the end of June 2026, representing a ₦7.44 trillion increase from the previous quarter, even as...

Sulaiman Umar · Sep 28, 2026 · 300

News and Analysis

‘₦100,000 Could Turn You Into a Millionaire’ — Dangote Makes Bold Promise as Refinery IPO Opens

Africa’s richest businessman, Aliko Dangote, has made an ambitious projection about the earning potential of investors in the Dangote Petroleum Refinery, s...

Sulaiman Umar · Sep 14, 2026 · 248

News and Analysis

Dangote’s Dollar Pricing Sparks Fresh Debate as Experts Warn of FX Pressure, Future Fuel Price Risk

The decision by Dangote Petroleum Refinery to begin pricing Premium Motor Spirit (PMS), diesel and aviation fuel in United States dollars has ignited wides...

Sulaiman Umar · Jul 14, 2026 · 397