international market, up from $65, after news broke of Israel’s surprise strike on Hamas targets in Qatar. The development, which rattled the oil market, immediately triggered fears of supply disruption …
The Federal Government has paid over N2 trillion owed to contractors for capital projects from the 2024 budget, and says it will now focus on ensuring timely release of funds …
The International Monetary Fund (IMF) has praised the Central Bank of Nigeria (CBN) for the bold reforms it introduced to stabilise the economy, but warned that Nigeria may exceed its …
For the second time this year, Nigeria’s Senate and House of Representatives have approved an extension of the capital component of the 2024 national budget to December 31, 2025. The …
Rwanda’s Finance Minister, Yusuf Murangwa, has told the nation’s parliament that the country’s economy will grow at a slower pace in 2025 compared to last year. Presenting a draft budget …
Nigeria’s oil revenue is set for a boost as Turkey’s biggest oil refining company, Tupras, has placed new orders for Nigerian crude oil expected to arrive between March and April …
The Lagos Chamber of Commerce and Industry (LCCI) has expressed serious concern about the feasibility of funding Nigeria’s capital expenditure in the 2025 national budget, warning that the current fiscal …
Nigeria’s daily crude oil production has dropped again in March 2025, raising more concerns about the country’s ability to meet its budget plans for the year. This is coming at …