Poverty Remains High In Nigeria Despite Economic Growth-IMF

LAGOS OCTOBER 14TH (NEWSRANGERS)-The International Monetary Fund (IMF) yesterday warned that poverty remains high in Nigeria despite resilient economic growth, urging the federal government to provide targeted, temporary support to vulnerable households as rising food and energy costs continue to undermine living standards. The Fund, however, raised Nigeria’s economic growth forecast for 2026 by 0.1…

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Despite FG Proposed Discount MRS, Other Nigerian Filling Stations Hike Petrol Pump Price

LAGOS OCTOBER 12TH (NEWSRANGERS)-Dangote Refinery-backed MRS and other Nigerian filling stations have increased their retail prices of Premium Motor Spirit, PMS, popularly known as petrol. A market survey by DAILY POST on Sunday showed that filling stations in Abuja and environs raised petrol prices to N1,409 per litre from N1,370. This means that MRS filling…

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Celine Dion Kicks Off  Her First Major Series Since 2022 In Paris With ‘Tears’…Despite ‘Promising Herself No To Cry’

  LAGOS SEPTEMBER 13TH (NEWSRANGERS)-Celine Dion shed tears as she kicked off her eagerly anticipated 16-date residency tonight at Plenitude Arena on the outskirts of Paris, marking her first major series of live shows since stepping away from the spotlight in 2022. “I had promised myself not to cry,” Dion told thousands of adoring fans…

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Nigerian Filling Stations Fail To Reduce Fuel Pump Price Despite Drop In Crude Oil Price

LAGOS JUNE 20TH (NEWSRANGERS)-The majority of Nigerian filling stations have yet to reduce premium motor spirit pump prices despite the significant drop in crude oil prices and Dangote Refinery’s gantry petrol price. A market survey on Thursday morning showed that petrol prices stood between N1317 and N1336 per liter across filling stations in Abuja. This is the…

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FG Seeks Fresh $1.75bn World Bank Loan Despite Claim Of  Meeting 2025 Revenue Target

LAGOS SEPTEMBER 5TH (NEWSRANGERS)-The Federal Government plans to increase its borrowing despite a significant 40.5 per cent surge in revenue for the first eight months of 2025. This boost in revenue has largely been driven by substantial gains in non-oil revenue collections, as confirmed in a press statement on Wednesday by Special Adviser to the…

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Despite NBS Report Of Drop In Inflation, Food Prices Remain High- Survey

LAGOS JULY 21ST (NEWSRANGERS)-Shoppers and traders in some Lagos markets have expressed frustration that the recent drop in Nigeria’s headline inflation rate has not translated into any relief at the market, as the prices of staple food items remain significantly high. The National Bureau of Statistics (NBS) last week announced that the country’s headline inflation…

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