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Nigeria Economy

Fear Spreads in Ondo’s Akure North as Kidnappers Target Farmers, Residents Flee Homes

Rising kidnappings and shootings in Ondo’s Akure North force residents to flee homes as authorities promise tougher action against criminals.

Boko Haram Suspects Attack Borno Settlement, Kill Herder and Rustle 1,400 Sheep

Suspected Boko Haram fighters attacked a nomadic settlement in Borno, killing one herder, injuring another and rustling about 1,400 sheep.

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.

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.

Latest articles

Fear Spreads in Ondo’s Akure North as Kidnappers Target Farmers, Residents Flee Homes

Rising kidnappings and shootings in Ondo’s Akure North force residents to flee homes as authorities promise tougher action against criminals.

Boko Haram Suspects Attack Borno Settlement, Kill Herder and Rustle 1,400 Sheep

Suspected Boko Haram fighters attacked a nomadic settlement in Borno, killing one herder, injuring another and rustling about 1,400 sheep.

Afenifere Criticizes Electoral Act 2026 for Removing Forged Certificate as Ground to Challenge Elections

Afenifere says the Electoral Act 2026 shields candidates with forged certificates and weakens legal grounds for challenging election results.

Nigeria Transporters, Commuters Decry Rising Fuel Prices Amid Middle East War

Transporters and commuters say high petrol prices are worsening hardship, despite reports that Dangote Refinery has reduced its gantry price.