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1 – 10 of 158These supply disruptions were largely caused by a lack of sufficient foreign exchange at the state-owned Nigerian National Petroleum Corporation Limited (NNPCL), which has…
Defence and security get the largest sectoral allocation at NGN3.25tn, followed by education at NGN2.2tn and health and infrastructure, each at NGN1.33tn. However, the budget is…
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DOI: 10.1108/OXAN-DB284069
ISSN: 2633-304X
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The announcement set off panic buying as motorists rushed to purchase fuel before prices went up, causing long fuel queues across the country. The announcement also came just days…
This period was marked by two dramatic policy moves: the removal of a costly fuel subsidy and a major devaluation of the naira. Both moves are crucial for reforming Nigeria’s…
The downgrade reflects the expected realisation this year of the delayed global economic slowdown. The resulting debt overhang in the region has depleted the space for fiscal…
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DOI: 10.1108/OXAN-DB280137
ISSN: 2633-304X
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NIGERIA: Dangote benefits will take time to appear
NIGERIA: Price rises may pressure Tinubu to compensate
NIGERIA: Mitigation efforts may temper opposition
Prospects for Nigeria in 2023.
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DOI: 10.1108/OXAN-DB273849
ISSN: 2633-304X
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Geographic
Topical
These subsidies were scheduled to end in June. The Council justified the decision on the need for more preparatory work, particularly by the incoming administration of…