The Central Bank of Nigeria has revealed that lower crude oil earnings, fuel subsidy removal, lower import bills and ...

The Central Bank of Nigeria (CBN) says the country’s foreign exchange reserves are at risk due to the petrol subsidy removal ...

Aviation expert Ojikutu has raised concerns over the root cause of Nigeria's fuel subsidy issue and addressed Nigeria's fuel ...

The Central Bank of Nigeria, CBN, has said that fuel subsidy removal, lower import bills and increased external debt servicing obligations could pose downside risks for the growth of external reserves ...

With petrol scarce and his fuel tank on red, taxi driver Victor Ovundah queued overnight at a gas station in Port Harcourt, ...

It should scrap this subsidy, a hard step that could be made politically easier by the start of petrol production last week ...

Former President Olusegun Obasanjo has been fingered as the brain behind the fuel subsidy regime in Nigeria. Details have ...

The Vice President, Senator Kashim Shettima, has restated the firm resolve of President Bola Ahmed Tinubu's administration to ...

Last year Bola Tinubu, Nigeria’s president, announced that he had scrapped the subsidy. Yet it has swiftly crept back. This ...

The Central Bank of Nigeria, CBN, has said that fuel subsidy removal, lower import bills, and increased external debt servicing obligations could pose downside risks for the growth of external ...

The Economist magazine has highlighted the inequity and inefficiency of Nigeria’s petrol subsidies, recommending investment in human capital instead.

Analysis - In faraway Beijing, China, last Friday, President Bola Ahmed Tinubu removed any doubts that he fully endorsed the latest hike in petrol prices by defending it, yet again, as a part of his ...