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Nigeria Economy

Kwara kidnap victims beg for rescue in new video, say they’ve been held since February

A new video shows Kwara State kidnap victims, gaunt and exhausted, pleading directly to state governments for rescue more than two months after their abduction.

Catholic diocese says 24 killed in Easter Sunday attack on Kebbi village, contradicts police count

The Catholic Diocese of Kontagora says 24 people were killed in an Easter Sunday attack on a Kebbi village, six times the number police initially confirmed.

Nigeria capital importation jumps in 2025

Nigeria capital importation surged in 2025, rising sharply on the back of portfolio investments and increased inflows into the banking sector.

Tinubu Reforms Deepen Stability, Federal Unity, Bagudu Says

Nigeria’s budget minister says Tinubu’s economic reforms are improving political coordination, stabilising markets and guiding development partnerships despite short-term hardships.

Anambra Shuts Onitsha Main Market Over Sit-At-Home Defiance

Anambra State shut Onitsha Main Market for one week after traders defied the Monday sit-at-home order, escalating efforts to restore normal economic activity.

Nigeria’s Economy Set To Soar: IMF Predicts 4.4% Growth In 2026

IMF forecasts Nigeria’s economy to grow 4.4% in 2026, highlighting reforms, energy prices, and fiscal stability.

Nigeria Posts Strongest Economic Expansion at 57.6 Index

Nigeria recorded its strongest economic expansion at 57.6 index points, as activity, demand, and confidence strengthened across the private sector.

Nigeria Assures Investors About Market After US Backed Strike

Nigeria’s finance minister says a joint security operation with the United States will strengthen stability, reassure investors and support continued economic growth.

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.

Latest articles

Kwara kidnap victims beg for rescue in new video, say they’ve been held since February

A new video shows Kwara State kidnap victims, gaunt and exhausted, pleading directly to state governments for rescue more than two months after their abduction.

Catholic diocese says 24 killed in Easter Sunday attack on Kebbi village, contradicts police count

The Catholic Diocese of Kontagora says 24 people were killed in an Easter Sunday attack on a Kebbi village, six times the number police initially confirmed.

Nigeria’s rent crisis: Families flee cities as landlords double, triple prices with no warning

Across Nigeria's major cities, families are being priced out of their homes by rent hikes that sometimes double overnight, with little legal protection.

Nigeria’s 63 percent poverty rate defies inflation easing

Nigeria's poverty rate climbed to 63 percent in 2025 even as inflation declined sharply, the World Bank said in its April 2026 Nigeria Development Update.