Nigeria’s headline inflation climbed to 23.71 percent in April, a rise that will likely lead monetary policymakers to hold ...

The World Bank has revealed that Nigeria could increase its customs revenue by 66 per cent if the Federal Government lifts ...

The financing package, including USD 2.5 million senior loan and USD 2.5 million concessional subordinated loan from the ...

Nigeria's inflation rate increased to 24.23% in March 2025, but the World Bank projects that average inflation will decline, ...

Nigeria's economy recorded its fastest growth in about a decade in 2024, driven by a strong fourth quarter and an improved ...

The World Bank says the petrol subsidy removal has not fully translated into expected revenue gains as only half of the ...

World Bank reports that Nigerian National Petroleum Company Limited (NNPCL) has been transferring only 50% of fuel subsidy ...

The World Bank reports that NNPCL only remitted 50 percent of revenue from the subsidy removal to the Federation Account.

However, Samad acknowledged that challenges remain, particularly the persistence of high inflation. He underscored the ...

Nigeria’s inflation rate is projected to average 22.1% in 2025 as the Central Bank’s tight monetary stance begins to anchor ...

It marks the first investment under the IFC Distributed Access through Renewable Energy Scale-up (DARES) Platform, a $200 ...

IFC’s $5 million financing package includes a $2.5 million senior loan from its own account and a $2.5 million concessional ...