The Nigerian Inquirer

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Business

Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

KEY POINTS Insecurity and erratic power supply remain the top operational constraints for Nigerian businesses, followed by taxes, high interest rates, and financial challenges. Business confidence is improving, with optimism in industry, agriculture, and services sectors, and expectations of higher employment and expansion in...

November 13, 2025

Business

Nigeria Seeks $150 Billion to Boost Vaccine Procurement for 2026

KEY POINTS Nigeria plans to raise nearly $150 billion for vaccine procurement in 2025 and 2026 to strengthen its health sector and reduce dependence on foreign aid. Federal health spending has risen sharply, with allocations now at 5.2 per cent of the national budget...

November 13, 2025

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Tinubu Signs New National Minimum Wage Bill into Law

President Tinubu signs new minimum wage law, setting N70,000 as the national minimum wage to enhance worker's living standards.

July 30, 2024

News

Nigeria Protests Erupt Over Phone Disconnections, NIN-SIM Mandate

Protests erupt in Nigeria over phone disconnections linked to the NIN-SIM mandate, causing widespread frustration and clashes between telcos and subscribers.

July 30, 2024

News

Relief as NCC Orders Telcos to Unblock SIMs

The NCC has mandated the unblocking of SIM cards suspended for non-registration, bringing relief to Nigerian mobile users and restoring essential services.

July 30, 2024

News

Petrol Crisis Worsens as Stations Run Dry

The petrol shortage crisis in Nigeria worsens with more stations closing and prices soaring. Long queues and high costs hit Lagos and Abuja hard.

July 30, 2024

Business

Morocco, South Africa, Egypt Dwarf Nigeria’s $210M Auto Industry

Nigeria’s $210 million automotive industry struggles due to low demand and reliance on imported cars.

July 29, 2024

News

Nigeria Lawmakers Flee Abroad Ahead of August 1 Protests

Ahead of August 1 protests, Nigerian lawmakers flee abroad citing fears of violence and inadequate security amidst growing unrest.

July 29, 2024

News

Malaria Crisis in Nigeria Amid N740bn Constituency Project Allocations

Amid a severe malaria crisis, Nigeria allocates N740 billion for constituency projects, sparking debate over public health priorities and the efficient use of funds.

July 29, 2024

News

CBN to Reveal Owners of Dormant Accounts Annually

The CBN will publish the names of dormant account owners annually to enhance transparency and manage unclaimed balances effectively.

July 29, 2024

News

Police Defend Request for Protest Organizer Details Amid Security Concerns

Nigerian police defend their request for protest organizer details, citing security concerns and the need for effective communication to ensure public safety.

July 29, 2024

News

Nigeria Leads Top 10 African Universities with Best Teaching Skills

Nigeria leads with four universities in Africa's top 10 for teaching quality, emphasizing the role of education in development.

July 28, 2024

News

Buhari’s Men Block 9 Billion-Dollar Fraud Cases, Ex-Panel Chief Says

Former panel chairman Okoi Obono-Obla reveals how high-level officials blocked major fraud investigations during Buhari's administration.

July 28, 2024

News

Rising Cost of Malaria and Diabetes Treatments Strains Nigerians’ Wallets

The escalating costs of treating malaria and diabetes in Nigeria are straining citizens' wallets, especially for low-income families. Healthcare advocates call for urgent measures to address these rising costs

July 28, 2024