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Nigeria Economic Crisis

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Yahaya Bello Money Laundering Trial Adjourned to May 6

KEY POINTS The court adjourned Yahaya Bello’s alleged money laundering trial to May 6–7,...

April 25, 2026

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EFCC Arrests Former Skye Bank Chairman Tunde Ayeni Over Alleged ₦36.5bn Fraud

KEY POINTS EFCC arrested former Skye Bank chairman Tunde Ayeni over alleged ₦36.5bn and...

April 25, 2026

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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.

June 17, 2024

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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.

May 3, 2024

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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.

April 26, 2024

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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.

February 19, 2024

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