Nigerian Manufacturers Warn of Potential Closures as Energy Costs Surge
Nigerian manufacturers warn of widespread factory closures as soaring diesel prices and frequent power outages drive operating costs to unsustainable levels.
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Nigerian manufacturers warn of widespread factory closures as soaring diesel prices and frequent power outages drive operating costs to unsustainable levels.
Nigerian airlines may suspend domestic flights from April 20 unless urgent action is taken to address soaring jet fuel costs, threatening travel chaos.
Nigeria seeks IMF and World Bank support as fuel price surges threaten economic reforms, inflation stability, and household welfare.
Nigeria monitors Middle East tensions for economic risks as oil prices rise. Government reviews policies to stabilize markets amid global volatility.
Nigeria plans to sell state assets by 2026 to address an $18.6B deficit and attract investment. Experts debate risks and opportunities amid policy concerns.