business day report

  1. Petrol Prices Triple, Inflation Surges During Tinubu's First Year in Office

    Nigeria Petrol Prices Triple, Inflation Surges During Tinubu's First Year in Office

    President Bola Tinubu's first year was marked by bold economic reforms, including fuel subsidy removal and currency devaluation, leading to spiraling inflation of 33.7%, a petrol price increase of 176% to N701 per liter, and hardship for Nigerians amid declining oil production and foreign...
  2. Nigerians Outraged As Businessday Report Reveals Petrol Subsidy Approaching 1 Trillion Monthly, Surpassing Buhari's Era

    Nigeria Nigerians Outraged As Businessday Report Reveals Petrol Subsidy Approaching 1 Trillion Monthly, Surpassing Buhari's Era

    In a surprising turn of events, Nigeria's petrol subsidy has made a comeback, reaching an alarming N907.5 billion per month, surpassing the pre-Tinubu era. BusinessDay's analysis attributes this surge to the country's foreign exchange crisis, pushing the actual cost of a litre of fuel to...
Back
Top