July 15, 2025
Headlines

Subsidy removal

World Bank Disburses $1.5bn To Nigeria For Subsidy  Removal,  Introduction Of  Tax Policies

News Rangers011 mins

LAGOS DECEMBER 30TH (NEWSRANGERS)-The World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation of key reforms, including removing fuel subsidies and introducing comprehensive tax policies, The PUNCH reports. The loan, part of the Reforms for Economic Stabilisation to Enable Transformation Development Policy Financing initiative, is among the fastest disbursements…

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Why Nigeria’s Economy Is In A Mess And NLC Protest

News Rangers09 mins

LAGOS FEBRUARY 27TH (NEWSRANGERS)-Nigeria is currently experiencing its worst economic crisis in a generation, leading to widespread hardship and anger. The trade union umbrella group, the Nigeria Labour Congress (NLC), has organised nationwide protests on Tuesday, calling for more action from the government. A litre of petrol costs more than three times what it did…

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Subsidy Removal: Catholic Bishops Raise Alarm, Say Nigeria On Brink Of Collapse

News Rangers014 mins

LAGOS AUGUST 1ST (NEWSRANGERS)-The Catholic Bishops Conference of Nigeria, CBCN, yesterday raised the alarm that the removal of fuel subsidy without cushioning the effects has put the country on the brink of collapse. The bishops’ alarm came as Nigeria Employers Consultative Association, NECA, pleaded with the Federal Government to urgently address the pains of the…

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Analysis-Nigeria’s Bola Tinubu Faces Daunting Hurdles After Reform Sprint

News Rangers09 mins

LAGOS JUNE 28TH (NEWSRANGERS)-New Nigerian President Bola Tinubu has moved at lightning speed in his first month in office, implementing a raft of radical changes aimed at finally unleashing the full potential of Africa’s sluggish economic giant. But while his rapid headway on reforms has wowed investors, some analysts, observers and business leaders warn that…

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