Nigeria Archives - Page 15 of 113 - The Nigerian Reporter

Nigeria’s Oil Gamble: Can Increased Crude Production Fuel the 2025 Budget?

Emeka OkonDecember 19, 2024December 19, 202406 mins

Nigeria is betting big on black gold to finance its ambitious 2025 budget. The government plans to ramp up crude oil production, aiming for 2.6 million barrels per day. This move comes as they also tackle inflation and try to boost the country’s economic growth. Ambitious Oil Target: The government aims to produce 2.6 million…

Yuletide Nightmare: Benue Residents Suffer as Cash Vanishes!

Ikenna OluwoleDecember 19, 2024December 19, 202405 mins

The Christmas season in Benue State has been marred by a crippling cash shortage, leaving residents scrambling and frustrated. Banks are reportedly running on empty, forcing locals to depend on Point of Sale (POS) operators, who are taking advantage of the situation with exorbitant fees. Here’s a breakdown of the crisis: Cash Crisis: Benue residents…