IMF Opposes Fuel Subsidy Reinstatement in Nigeria, Urges Targeted Relief for Vulnerable Households

The Fund’s position raises fresh questions about the effectiveness of subsidy-removal savings, the reach of social protection programmes and the growing cost of living facing millions of Nigerians.

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Nigeria’s Crude Oil Production Declines as OPEC’s Output Drops in September – Reuters Report

As Nigeria keep struggling to meet its OPEC’s quota crude oil production fell by 40,000 barrels per day in the month of September. This is contained in a report by

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French Oil Giant to Invest $6bn In Nigeria’s Energy Industry

clanreporter The French energy giant TotalEnergies is ready to invest $6 billion (around €5.5 billion) over several years in Nigeria’s energy industry, particularly in gas and offshore projects, the Nigerian

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IMF: “Inflation is still with us,” Pierre-Olivier

The underlying drivers of historically-high global inflation could persist until 2025, the International Monetary Fund’s chief economist told AFP on Tuesday. Prices around the world have surged since the rapid

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