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Economic Hardship Nigeria

News

Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
News

‘We’ll Be Eating, Protesters Can Go Protest,’ Akpabio Mocks Organizers

Nigerians plan a nationwide protest on August 1 against economic hardship, demanding government accountability.
News

Nigerian Workers Criticize Government’s Wage Increase as Inadequate

Despite a 25-35% salary increase for federal employees, Nigerian workers decry government actions as insufficient amid rising costs.
Society

Abuja Looting Crisis: Hunger Drives Desperate Food Raids

In Abuja, escalating hunger and economic challenges spark widespread looting for food. Citizens, driven by desperation, target warehouses amid Nigeria's severe food insecurity crisis.

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News

Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
News

Nestoil denies First Bank dividend blame, eyes legal action

Nestoil rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.
Business

Elumelu firms link with MoMo PSB for cardless payments

United Bank for Africa, Heirs Holdings-backed Redtech and MoMo PSB launched a cardless payment partnership, enabling wallet payments across 55,000 RedPay terminals nationwide.