IMF releases Article IV Reports on Nigeria
The IMF has released its Article IV reports, which are an outcome of an assessment of the economy and consultations with Nigerian economic authorities.
Nigeria secures a $ 747 million Deutsche Bank-led syndicated loan for a coastal highway.
Nigeria has secured a $747 million syndicated loan, led by Deutsche Bank, to finance the initial phase of its proposed 700-km (435-mile) coastal highway project, according to the finance ministry on Thursday, July 5, 2025.
Global Oil Outlook
OPEC said the global economy may perform better than expected in the second half of the year, despite trade conflicts
The Road to Fuel Subsidy Removal in Nigeria
You’ve probably heard the news that the Nigerian government recently announced the removal of fuel subsidies. For decades, the government has subsidized the cost of petrol, diesel, and kerosene to make fuel more affordable for citizens. Now, with oil prices rising and government budgets tightening, officials say the subsidies are no longer sustainable. A fuel […]