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Nigeria Economy

Court Blocks Resident Doctors’ Planned January 12 Strike as Legal Battle With FG Deepens

KEY POINTS A National Industrial Court order has restrained resident doctors from embarking on...

Rivers Assembly Confirms Impeachment Notices Served on Governor Fubara and Deputy

Rivers Assembly says impeachment notices alleging gross misconduct have been formally served on...

Economic Hardship Debate Deepens As Radda Says FG Controls 52% Of Federation Revenue

Governor Dikko Radda says the Federal Government controls most federation revenue and should share responsibility for Nigeria’s economic hardship.

Peter Obi: 80% Youth Unemployment Shows Leaders Have Failed Nigeria

Key Points Peter Obi links Nigeria’s 80% youth unemployment rate to leadership failure and...

More Funds, More Pains As Nigeria’s Allocations Double While Poverty Deepens

Nigeria shared record FAAC revenue, yet rising prices, poverty growth, and limited grassroots impact left millions worse off nationwide today.

Dangote Reclaims $30 Billion Net Worth as Cement Lifts Fortune

Aliko Dangote’s net worth has climbed back to $30 billion as rising cement shares and aggressive refinery expansions recharge his business empire.

How Remote Work Is Transforming Nigerian Economy

Remote work has shifted from a pandemic necessity to a structural economic force in Nigeria, reshaping hiring, productivity, lifestyle, and global employment access.

BOI Disburses N1.27 Trillion Across Key Sectors

BOI disbursed N1.27 trillion across 14 sectors, strengthening industrial growth and supporting nearly 900,000 jobs through expanded credit programs.

South-East Residents Explain Monday Business Shutdowns

South-East residents say ongoing fears and uncertainty still force many businesses to remain closed on Mondays despite efforts to restore normal activity.

AEDC Lays Off 800 Workers as Power Supply Worsens

AEDC fires 800 workers after restructuring, raising concerns over worsening electricity supply and poor sector performance.

Food Imports Surge 45% as Local Production Struggles to Keep Up

Nigeria’s food imports jumped 45% in H1 2025 as insecurity and weak agricultural output hurt local production capacity.

Lekki Zone MD: Nigeria Remains Investor-Friendly

Lekki Free Zone MD Val Attah insists Nigeria remains viable investment destination, backed by reforms and strong investor confidence.

Fuel Tax Won’t Begin Until Naira Strengthens or Oil Price Falls — Oyedele

Oyedele says Nigeria will delay 5% fuel surcharge until naira appreciates or oil prices drop to avoid price hikes.

Otedola Celebrates Dangote’s $20 Billion Refinery

Femi Otedola praises Aliko Dangote’s $20 billion refinery expansion as a generational legacy reshaping Nigeria’s oil and energy landscape.

Latest articles

Court Blocks Resident Doctors’ Planned January 12 Strike as Legal Battle With FG Deepens

KEY POINTS A National Industrial Court order has restrained resident doctors from embarking on...

Rivers Assembly Confirms Impeachment Notices Served on Governor Fubara and Deputy

Rivers Assembly says impeachment notices alleging gross misconduct have been formally served on...

Presidency Sets N12.2bn For Travel In 2026 As State House Budget Hits N43.2bn

The 2026 budget shows heavy travel spending by the Presidency, with the State House allocation rising to N43.2 billion.

Why Africa’s Push For Visa-Free Travel Is Gaining Momentum

Advocacy for visa-free Africa grows as leaders, experts, and youth push freer movement to boost trade, jobs, and continental unity.