Economy Post
Donate
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Lead Investigation

Confirmed: Tinubu spends N5.4trn on petrol subsidy in 2024 amid lies, denials by ministers

PRESIDENT Bola Ahmed Tinubu spent N3.6 trillion on petrol subsidy in 2023 and will increase the expenditure to N5.4 trillion in 2024 despite a series of denials and lies by Aso Rock officials, including his ministers. The subsidy payments were exposed by a draft copy report of the Accelerated Stabilization and Advancement Plan (ASAP) presented […]

Latest Coverage

Structured reporting for a volatile economy.

A sharp, high-contrast reading environment for investigations, policy analysis, and live market signals.

Jan 31, 2024 post

Nigerians question NNPC’s $2.8bn deal with Dangote Refinery

NIGERIANS are raising some questions regarding the deal between the Nigerian National Petroleum Company (NNPC) Limited and Dangote Refinery, which is costing a total of $2.8 billion. NNPC Limited acquired a 20 percent stake in Dangote Refinery in 2021, paying $1 billion to the group owned by Africa’s richest man, Mr Aliko Dangote, through a […]