After six consecutive hikes last year, Nigeria's central
bank has kept its benchmark interest rate unchanged,
citing stability in the foreign exchange market and a
gradual decline in inflation
The National Bureau of Statistics reports a significant
decrease in Nigeria's annual inflation rate to 24.48% in
January, attributed to the first rebasing of the
country's price index in over a decade
The Nigerian government announces plans to auction
undeveloped oil and gas blocks next year, prioritizing
natural gas development to support UN Sustainable
Development Goals
The Nigerian Upstream Petroleum Regulatory Commission
announces a significant decrease in oil theft, now at
5,000 barrels per day, due to enhanced security measures