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Adjustments in the pump price of petrol is raising fresh concerns around the potential economic impact of such shocks. Analysts forecast the country may lose recent gains in inflation slowdown. 

Petrol price hike stokes inflationary concern

Nigerians say the hike in the pump price of petrol will increase the hardship felt by the masses. 

Nigerians react to petrol pump price hike

The Nigerian National Petroleum Company Limited has reportedly suspended the petrol sale to independent oil marketers after this week’s upward price adjustment. 

NNPCL suspends petrol sale to independent marketers

Nigerian Investors have had their attention fixed on Oando as the stock continues to impress, following the energy firm’s completion of a 783-million- dollar Acquisition of Eni’s Subsidiary, Nigerian Agip Oil Company. 

How long will investors remain bullish on Oando?

Muda Yusuf, Director of the CPPE joins CNBC Africa to discuss these stories. 

CPPE: Nigeria should avoid a price control mindset 

Nigeria’s Minister of Solid Minerals Development, Dele Alake says talks are underway with stakeholders to review and amend the 2007 Nigerian Minerals and Mining Act. 

Will revised mining act boost GDP contribution?

Quidax is one of two crypto exchanges that recently received licence approval from Nigeria’s Securities and Exchange Commission recognizing the platform as a legal entity. 

Assessing impact of regulatory environment on crypto adoption

Nigeria’s Minister of Power is raising fresh concerns over the rejection of power by electricity distribution companies describing the situation as regrettable as the government target to 6,000 megawatts power generation by the end of the year. 

Will Nigeria’s DISCOs increase power off-take?

The CEO of CFG Advisory, Tilewa Adebajo says the Nigerian government needs to urgently reset and communicate the benefits of ongoing reforms to stakeholders and deliver tangible results by year end. 

Adebajo: Nigeria needs to reset reforms, deliver tangible results by year end

Nigeria’s Securities and Exchange Commission says it has granted an Approval-in-Principle to  Quidax and Busha recognizing them as legally recognised crypto trading platforms in the country. 

SEC grants Approval-In-Principle to Quidax and Busha

Nigeria’s 500 million dollar domestic bond offer at a coupon rate of 9.75 per cent is set to close today. 

Akpata: $500mn domestic bond likely to be oversubscribed

Fitch Ratings predicts that in the event of a substantial increase in mpox cases in Subs-Saharan Africa, the main impact on economies would likely be on consumption and production.

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