Nigerians Use 47.3 Milliliters of Fuel While Imports Reach 5.9 Milliliters

In March, the amount of Premium Motor Spirit (PMS), commonly referred to as gasoline, imported into Nigeria rose by nearly 100% to 5.9 million liters per day. The amount was…

Taiwo Ayomide April 15, 2026

Business

Nigeria’s gig economy has reached $5.17 billion, with e-commerce and ride-hailing leading the way.

According to a recent study commissioned by Bolt and carried out by Ipsos, Nigeria's gig economy has expanded to an estimated $5.17 billion, with ride-hailing services being crucial in increasing…

Taiwo Ayomide April 15, 2026

Busines

Nigeria’s growth rate is lowered by the IMF from 4.4% to 4.1%.

Nigeria's GDP growth prediction for 2026 was lowered by 0.3 percentage points, from 4.4% to 4.1%, by the International Monetary Fund (IMF). Citing growing domestic and international pressures, the IMF…

Taiwo Ayomide April 15, 2026

Busines

Why Nigeria Still Doesn’t Meet Its OPEC Quota

According to Daily Trust, for the past eight months, the Nigerian National Petroleum Company Limited and its upstream industry partners have failed to meet the 1.5 million oil production limit…

Taiwo Ayomide April 15, 2026

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