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Nigeria Economic Crisis

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Tinubu vows to crush terror and secure prosperity in Democracy Day address

President Bola Tinubu used his Democracy Day address to vow victory over terrorism and secure economic prosperity, while marking 27 years of unbroken civilian rule in Nigeria.
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NNPCL and security agencies intensify crackdown on pipeline vandals

NNPCL and security agencies have intensified their crackdown on pipeline vandalism after finding a damaged crude oil pipeline in the FCT and arresting three suspects.
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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.
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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.
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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.
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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.
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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.

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News

Tinubu vows to crush terror and secure prosperity in Democracy Day address

President Bola Tinubu used his Democracy Day address to vow victory over terrorism and secure economic prosperity, while marking 27 years of unbroken civilian rule in Nigeria.
News

NNPCL and security agencies intensify crackdown on pipeline vandals

NNPCL and security agencies have intensified their crackdown on pipeline vandalism after finding a damaged crude oil pipeline in the FCT and arresting three suspects.
News

Cardoso wins Central Bank Governor of the Year award

CBN Governor Olayemi Cardoso has won the Central Bank of the Year award in London, dedicating the recognition to the apex bank's board, management and staff.
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Business confidence in the macroeconomy rises to 7.9 index points, says CBN

Business confidence in Nigeria's macroeconomy rose to 7.9 index points in May from 3.9 in April, the CBN says, even as consumers remained pessimistic.