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Eze Loses Equatorial Guinea Stake After Chevron Dispute

Arthur Eze’s Atlas Petroleum loses its Equatorial Guinea stake in Block I, clearing the way for Chevron to advance the Aseng gas development.
News

Nigeria’s Informal Workers Risk Old-Age Poverty, PenCom Warns

PenCom warns that Nigeria’s informal sector pension gap leaves millions facing retirement without savings, as new agents are deployed to expand pension coverage.
News

CANMPEF Warns Inflation, Taxes Threaten Industrial Growth

CANMPEF warns inflation, taxes, and forex issues threaten Nigeria’s industrial stability despite modest growth in 2024.
News

Food Imports Surge 45% as Local Production Struggles to Keep Up

Nigeria’s food imports jumped 45% in H1 2025 as insecurity and weak agricultural output hurt local production capacity.
News

Nigeria’s Inflation Crisis Pushes Workers and Employers to the Edge

Nigeria’s inflation crisis is eroding wages and threatening jobs, NECA warns, urging government action to stabilize businesses and protect workers.
Business

Silent Profiteers: How Nigeria’s Inflation Crisis is Making the Rich Richer

KEY POINTS Nigeria’s inflation crisis is enriching politically connected importers, wholesalers, and landlords who...
News

The Quiet Exodus: Why Nigeria’s Middle Class is Trading City Lights for Rural Living

KEY POINTS Rising inflation, insecurity, and urban stress are driving middle-class Nigerians to relocate...
News

The Owambe Economy: Celebrating Through Crisis in an Era of Soaring Inflation

KEY POINTS Despite soaring inflation, Nigeria’s owambe celebrations remain widespread, with families spending millions...
News

Five Nigerian Cities Experiencing the Fastest Rising Cost of Living in 2025

KEY POINTS Lagos, Abuja, Port Harcourt, Uyo, and Jos are the top five Nigerian...
Business

Nigeria’s Inflation Rate Declines to 23.71% in April

KEY POINTS Nigeria's annual inflation rate decreased to 23.71% in April 2025 from 24.23%...
News

Edo Governor Okpebholo Announces ₦75,000 Minimum Wage

KEY POINTS Edo State raises minimum wage to ₦75,000, exceeding rates in Lagos and...
Business

Nigeria’s Inflation Surges to 24.23% as Food Prices Bite Harder

KEY POINTS Nigeria's inflation accelerates to 24.23% in March, with food prices rising 21.79%...
Business

Nigeria’s Inflation Rate Drops to 23.18% in February 2025

KEY POINTS  Nigeria’s inflation rate dropped to 23.18% in February 2025, down from 24.48%...
News

Nigeria’s Inflation Battle Intensifies as MPC Meets

Nigeria's inflation battle intensifies as the MPC meets to decide on measures to curb rising prices. Key areas include interest rates, currency stability, and food security.
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Business

Eze Loses Equatorial Guinea Stake After Chevron Dispute

Arthur Eze’s Atlas Petroleum loses its Equatorial Guinea stake in Block I, clearing the way for Chevron to advance the Aseng gas development.
News

Nigeria’s Informal Workers Risk Old-Age Poverty, PenCom Warns

PenCom warns that Nigeria’s informal sector pension gap leaves millions facing retirement without savings, as new agents are deployed to expand pension coverage.
News

Onitsha Main Market Reopens as IPOB Ends Sit-at-Home

Trading resumed cautiously at Onitsha Main Market after IPOB ended its sit-at-home order, but weak customer turnout highlighted lingering security fears.
News

Ekiti Courts Adopt Digital Platform Allowing Judges Remote Work

Ekiti State courts adopt the Nigeria Case Management System, allowing judges and lawyers to manage cases remotely as Nigeria advances judicial digital reform.

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