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Nigeria Economic Crisis

Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.

Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.

Tinubu Inherits Economic Crisis, Presidency Defends Policies

Facing critical reports, the Nigerian Presidency clarifies the economic challenges inherited by President Tinubu and the strategic measures implemented for recovery.

Cross River State Workers Disappointed Over New Minimum Wage Announcement

Workers in Cross River State express disappointment after Governor Otu announces a new minimum wage of N40,000, citing insufficient support amid rising costs.

Nigeria’s Cash Hoarding Crisis Escalates, Impacts Monetary Policy

In Nigeria, over N3.41 trillion, or 92% of all currency, is held outside the banking system, severely disrupting monetary policy and economic stability.

Akpabio: Government Unsure of Specific Charges for Emefiele

Senate President Godswill Akpabio highlights Nigeria's struggle with past economic policies and the government's indecision on charges against former CBN Governor Emefiele, calling for national patience.

CUPP Secretary Links Crime Surge to Fuel Subsidy Removal

Peter Ameh blames Nigeria's growing crime and poverty on the federal government's decision to remove fuel subsidies.

Latest articles

Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.

Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.

Oil Prices Rise as Supply Risks Keep Markets Alert

Crude oil prices moved higher as traders weighed tightening supplies, geopolitical risks, and steady demand signals across major energy consuming economies worldwide.

Nigerian industrialist Emmanuel Nuel Ojei dies at 74

Emmanuel Nuel Ojei, founder of Nuel Ojei Holdings, has died at 74, ending a business career defined by discipline, mentorship and long term impact.