Nigeria’s Africa Exports Hit N10.72tn As Oil Dominates
Nigeria’s exports to Africa climbed 122.26 per cent to N10.72tn in H1 2026, with petroleum products accounting for most of the increase amid concerns over weak non-oil exports.
Tag: Nigeria Economy
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Dangote Predicts No New Refinery in Nigeria by 2036 Without Policy Support
Aliko Dangote has predicted that Nigeria may not build another refinery by 2036 unless the government creates a more supportive policy environment for domestic investors.
Critical Alert: IMF Warns Nigeria Over Rising Money Laundering Risks as Crypto Inflows Hit $59bn
The IMF warns Nigeria’s $59bn crypto market could increase money laundering risks and weaken the naira if stronger regulations are not implemented.
Major Relief: Dangote Refinery Slashes Petrol Price by N75 Per Litre
Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS), popularly known as petrol, by N75 per litre following easing tensions in the Middle East and declining global energy prices. In a circular issued to fuel marketers on Monday, the refinery announced that the new gantry price has been lowered from N1,250…
Inflation and Insecurity Remain Key Concerns Despite Reforms: FG.
The Federal Government has acknowledged that inflation and insecurity continue to weigh heavily on Nigerians, even as it maintains that recent economic reforms are beginning to deliver measurable results. Speaking during a press briefing in Abuja on Tuesday as part of activities marking the 2026 Democracy Day celebration, Secretary to the Government of the Federation,…