SUBSIDY

Stocks rally amid subsidy removal, investors gain N1.55trn in week

AMID the President Bola Tinubu administration's removal of fuel subsidy and its economic implications, the Nigerian stock market rallied...

First cargo from $18bn Dangote refinery to arrive market in August

THE first cargo from the $18.5 billion Dangote Refinery and Petrochemical Company, Ibeju-Lekki, Nigeria, which was commissioned on Monday,...
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Subsidy, borrowing increase Buhari’s debt for next government to N77trn

NIGERIA'S petroleum subsidy payments and government's borrowings to fund budget deficits would see President Muhammadu Buhari leave a huge...

NNPC Limited will no longer bear burden of PMS import, subsidy – Kyari

THE Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPC), Mele Kolo Kyari, says the company...
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Pump price: We have no money to pay subsidy and no longer fix prices — FG

TIMIPRE Sylva, Nigeria's Minister of State for Petroleum Resources has said that Federal Government has no fund to continue...

The size of Nigeria’s foreign exchange reserves remains robust and comfortable- CBN

THE Central Bank of Nigeria (CBN) has said the foreign exchange reserves will remain robust and comfortable despite fears...
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