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Nigeria economic hardship

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Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
News

NLC Rejects Proposed Petrol Price Hike Amid Economic Hardship

The Nigeria Labour Congress (NLC) has rejected the proposed petrol price hike, arguing it will worsen economic hardship in Nigeria and urging the government to seek alternative solutions.
News

Amid Economic Hardship, President Tinubu Spends N2.3 Billion on Foreign Trips in Six Months

Amid economic hardship, President Tinubu's foreign trips cost N2.3 billion, drawing criticism as Nigerians face inflation and hardship.
News

NLC Announces Nationwide Protest Against Economic Hardship

The Nigeria Labour Congress plans a two-day protest over soaring inflation and declining wages, demanding government action to alleviate the economic strain faced by millions of Nigerian workers.

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News

Oyedele opens talks to clear FG contractor debt backlog

Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Business

Dangote cement exports jump 71.6 percent, Q1 profit N421bn

Dangote's cement business posted a 71.6 percent jump in exports and 35 percent profit surge in Q1 2026, lifting African capacity to 55 million tonnes.
News

Nestoil denies First Bank dividend blame, eyes legal action

Nestoil rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.
Business

Elumelu firms link with MoMo PSB for cardless payments

United Bank for Africa, Heirs Holdings-backed Redtech and MoMo PSB launched a cardless payment partnership, enabling wallet payments across 55,000 RedPay terminals nationwide.