CBN Eases Discount Window Rules, Opens OMO Market To Individuals, Corporates
Central Bank of Nigeria (CBN), on Wednesday, announced the removal of restrictions preventing financial institutions that accessed its Standing Lending Facility (SLF) from participating in Foreign Exchange (FX) and primary government securities transactions. The changes, which took immediate effect, sought to provide banks and other market participants greater flexibility in managing liquidity among others. The […]
Makinde Questions Tinubu’s Economic Gains: “When the Numbers Look Good, Are Nigerians Feeling Better?”
— Oyo Governor Demands More Than GDP Growth, Revenue Figures as He Assesses Nigeria’s Economy Egalitarian Voice has sighted a fresh newsletter released on Friday, August 7, 2026, by Oyo State Governor, Engr. Seyi Makinde, in which he questioned whether the economic gains being reported under the administration of President Bola Tinubu are translating into tangible […]
Where Are Nigeria’s Borrowed Billions? Presidency Gives Fresh Explanation
The Presidency has defended President Bola Ahmed Tinubu’s borrowing policy, saying visible infrastructure projects across states prove that borrowed funds are being used for development. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, stated this on Thursday during the Presidential Media Tour of Projects in Benue State. The tour, organised by […]
Workers’ Day: Nigerians Buy Petrol At N1440 Per Litre As NNPCL, Others Increase Fuel Price
Fuel prices have risen dramatically throughout Nigeria, with many fuel stations now selling petrol for N1,364 to N1,444 per liter, highlighting the increasing influence of surging global crude oil prices on the local market. Egalitarian Voice findings on Thursday evening revealed that key marketers like the Nigerian National Petroleum Company Limited (NNPCL), MRS, BOVAS, Ardova (AP), […]
Nigeria’s petrol, diesel are subsidised – Dangote official
A senior management official of the Dangote Group on Monday revealed that the Dangote Petroleum Refinery has been subsidising the petrol and diesel it sells to the Nigerian market. According to the official, who spoke to our correspondent in confidence due to the lack of authorisation to speak, the company’s N1,200/litre ex-depot price for petrol […]
Nigeria Named Among Top 10 Countries Facing Worst Global Food Crisis
Nigeria has been named among the top 10 countries grappling with the most severe Nigeria food crisis levels globally, as a new report highlights how regional violence is fueling a deepening global food insecurity emergency. The latest international data, released this Friday, reveals that 266 million people across 47 nations endured high levels of […]
FG increases civil servants’ allowances
The Federal Government has approved sweeping increases in peculiar allowances and a suite of new welfare initiatives for civil servants. The reforms, endorsed by the Federal Executive Council, aim to improve take-home pay, enhance morale, and strengthen productivity across the federal civil service. Head of the Civil Service of the Federation, Mrs. Didi Walson-Jack, announced […]
Will Fuel Subsidy Return? FG Breaks Silence as Middle East Crisis Deepens
Will Fuel Subsidy Return? FG Breaks Silence as Middle East Crisis Deepens The Federal Government has ruled out any plan to reintroduce fuel subsidy despite the recent spike in petrol prices linked to the ongoing Middle East conflict. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known on Tuesday during a […]
MIXED REACTIONS TRAIL NIGERIA’S 2026 TARIFF CUTS ON DRUGS, RICE, CARS
The Federal Government’s new 2026 fiscal policy reducing import tariffs on drugs, rice, and vehicles has drawn mixed reactions from key sectors. Pharmaceutical stakeholders welcomed the move, saying lower tariffs could improve access to essential medicines. However, they warned that poor regulation, counterfeit drugs, and weak support for local manufacturing could limit the benefits. […]
Why petrol price may hit N2,000 per litre — TUC
The Trade Union Congress of Nigeria (TUC) has warned that the pump price of Premium Motor Spirit (PMS) could rise to about N2,000 per litre, citing global and domestic economic pressures. Speaking in Abuja on Thursday, TUC President, Festus Osifo, attributed the looming increase to the ongoing crisis in the Middle East, particularly tensions involving […]