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Nigeria’s nascent battle against inflation faces a fresh assault from global energy markets, despite a marginal dip in headline figures. Data for February 2026 shows inflation eased to 15.06% year-on-year, down from 15.10% in January. While this appears positive compared to the 26.27% recorded a year ago, the Centre for the Promotion of Private Enterprise…
Nigeria faces a fresh round of fuel queues and price hikes due to a breakdown in crude supply to domestic refineries. The House of Representatives Committee on Petroleum Resources (Downstream) issued the warning on Thursday after conducting oversight in Abuja. Lawmakers identified a widening gap between the crude required by the Dangote refinery and what…
The Nigeria Labour Congress has called on the Federal Government to deploy projected oil revenue windfall from the ongoing Middle East crisis to protect Nigerian workers and citizens from the economic impact of petrol prices that have surged to between N1,170 and N1,300 per litre across the country. In a statement issued Thursday by…
