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Nigeria Economy

Over 5 Million Nigerians Still Without Electricity Meters

More than five million Nigerians lack electricity meters, causing billing disputes and highlighting the slow pace of metering progress nationwide.

5 Forces That Will Shape Nigeria’s Direction In 2026

Nigeria’s path in 2026 will depend on the economy, politics, public mood and security as the country edges closer to 2027.

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

Over 5 Million Nigerians Still Without Electricity Meters

More than five million Nigerians lack electricity meters, causing billing disputes and highlighting the slow pace of metering progress nationwide.

5 Forces That Will Shape Nigeria’s Direction In 2026

Nigeria’s path in 2026 will depend on the economy, politics, public mood and security as the country edges closer to 2027.

Oyo Suspends Monarch Over Illegal Mining, Ogun Cracks Down on Farmlands

Oyo suspends Oba Adefabi over illegal mining; Ogun stops mining in Ado-Odo to protect farmland and forests.

Rivers Political Feud Escalates as Wike-Aligned PDP Faction Issues Apology Ultimatum to APC Secretary

KEY POINTS A PDP faction loyal to Nyesom Wike has given APC National Secretary...