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economic challenges

Nigeria Hotel Association warns members: House criminals and risk shutdown

Nigeria Hotel Association president Patrick Anyanwu has warned hoteliers that sheltering criminals or internet fraud suspects will attract sanctions, including possible shutdown.

Nigeria among 117 countries without a confirmed US ambassador, State Department records show

Nigeria is among 117 countries without a Senate-confirmed US ambassador, according to a State Department document published April 8, reflecting a sweeping diplomatic gap under Trump.

Resilient Nigerians Defy Tough Times with Stunning Creativity

Despite facing economic challenges, Nigerians are displaying resilience and creativity, transforming adversity into opportunity across various sectors like arts, tech, and agriculture.

Nigeria to Lose 300 Millionaires in 2024 Due to Economic Woes

Nigeria faces the loss of 300 millionaires in 2024 due to worsening economic conditions and insecurity, reports Henley Private Wealth.

President Tinubu: Nigeria Will Pay What It Can Afford in Minimum Wage

Nigerian President Bola Tinubu emphasizes that the country will adhere to a minimum wage that aligns with its economic capabilities, stressing a balanced approach to wage adjustments amid economic challenges

Nigerian Democracy at 25: A Journey of Highs and Lows

As Nigeria marks 25 years of democracy, the journey has been a mix of significant progress and persistent challenges, reflecting the dynamic nature of the country's democratic evolution.

Airfare Skyrockets in Nigeria Amid Economic Turmoil

Nigerians face steep airfare hikes, with prices surging over 300% due to economic pressures, including high aviation fuel costs and exchange rate impacts.

Rising Construction Costs in Nigeria Threaten Housing Affordability

Construction costs in Nigeria skyrocket due to economic challenges, with calls for government action to mitigate impacts on housing and infrastructure.

FG to Save N8 Trillion Annually from Subsidy Removal and FX Reform, Says Tinubu Panel

Nigeria aims to save N8 trillion annually through subsidy removal and forex rate changes, prioritising efficient spending for development.

Petrol Scarcity Hits Harder in Abuja, Lagos, Across Nigeria

Nigeria's woes deepen as cities like Abuja and Lagos witness intensified petrol scarcity, exacerbating...

Nigeria Celebrates 63 Years: Gbajabiamila Speaks on Economic Interventions

Femi Gbajabiamila, the Chief of Staff to President Bola Tinubu, addressed the nation's current...

PDP Criticizes Tinubu’s Independence Speech as Lacking Ideas

The Peoples Democratic Party (PDP) criticized President Bola Tinubu's address on Nigeria's 63rd Independence...

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Nigeria Hotel Association warns members: House criminals and risk shutdown

Nigeria Hotel Association president Patrick Anyanwu has warned hoteliers that sheltering criminals or internet fraud suspects will attract sanctions, including possible shutdown.

Nigeria among 117 countries without a confirmed US ambassador, State Department records show

Nigeria is among 117 countries without a Senate-confirmed US ambassador, according to a State Department document published April 8, reflecting a sweeping diplomatic gap under Trump.

Twin brother’s midnight call went silent as Boko Haram killed Brig. Gen. Braimah in Benishiekh

Brig. Gen. Oseni Braimah was speaking with his twin brother in the United Kingdom when Boko Haram struck the Benishiekh base, cutting the call dead.

IMF warns Nigerians of tougher times ahead as food, transport costs climb and debt rises

The IMF warned Nigerians face tougher near-term conditions from rising food and transport costs, even as the country's oil grades trade above $113 per barrel.