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Nigeria Economic Crisis

Heirs Energies Sees $186 Million Paper Gain on Seplat Stake

Heirs Energies records a $186.6 million paper gain on its Seplat stake as shares rise sharply following December acquisition.

Dangote Plans July Share Sale for 650,000 Bpd Refinery

Aliko Dangote says Nigerians may buy shares in the Dangote refinery by July, opening the 650,000 bpd project to public investors.

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

Heirs Energies Sees $186 Million Paper Gain on Seplat Stake

Heirs Energies records a $186.6 million paper gain on its Seplat stake as shares rise sharply following December acquisition.

Dangote Plans July Share Sale for 650,000 Bpd Refinery

Aliko Dangote says Nigerians may buy shares in the Dangote refinery by July, opening the 650,000 bpd project to public investors.

TCN Boosts Egbin Substation With New 300MVA Transformer

TCN increases Egbin Transmission Substation capacity to 450MVA with a new 300MVA transformer to strengthen electricity supply in Lagos.

APC Wins Five of Six FCT Councils, PDP Takes Gwagwalada

APC secures five FCT Area Councils in weekend polls as PDP wins Gwagwalada, highlighting competitive local politics in Nigeria’s capital.