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Nigeria Economy

Nigeria’s Pop Culture Renaissance Drives Global Shift in Music and Style

KEY POINTS Afrobeat’s modern evolution, led by Nigerian artists, has become a global cultural...

Nigeria’s Youth Face Mounting Mental Health Crisis Amid Economic and Social Strain

KEY POINTS Approximately 40 million Nigerians, including one in six youths aged 15-24, are...

Lagos Levies Disrupt LPG Supply As Marketers Warn Of Scarcity

Lagos state levies create disruptions in the supply capabilities of the Dangote Refinery leading to concerns about an imminent cooking gas shortage throughout the country.

Diaspora Remittances Surge 79 Percent To $4.18billion– Cardoso

CBN reports diaspora remittances up 79 Percent to $4.18bn in 9M’24.

CBN: Nigeria’s Economy to Grow by 4.1 Percent in 2025

Reforms demonstrate that Nigeria's economy will generate 4.1% growth with a 15% reduction in inflation according to the CBN.

Dangote Explains Sales Dynamics Following Petrol Price Cut

Dangote cuts petrol price to N899, attributes it to forces of the market and commitment to Nigeria’s economy.

Fuel Subsidy Removal Unavoidable, Tinubu Defends

Tinubu restates no regrets on subsidy removal, says it was for recovery and fiscal discipline.

Nigeria Earns $1.7 Billion in Taxes from Foreign Firms Over 9 Months

Nigeria's tax revenue from foreign firms surged 44% in 9M 2024, hitting N2.57 trillion, amid compliance efforts.

Dangote Refinery Slashes Petrol Price To N899.50

Dangote petrol price cut brings festive relief, says PETROAN.

Dangote Refinery Exports to Other Parts of The World

Dangote refinery exports PMS, diesel to Africa countries and Europe.

Naira Plummets to N1,780/$1 as Forex Volatility Grows

The naira plummets to N1,780/$1 in the black market, reversing gains as forex volatility raises concerns about Nigeria’s economic stability

Oyedele Says No Plan To Outsource Tax Collection To Consultants

Nigeria will not rely on Alpha Bata and other consultants to collect tax, FIRS is capable of doing that, Taiwo Oyedele clarifies.

Tax Reform Bills to Get National Assembly Scrutiny, Public Interest First

Experts agree on the possible pros and cons of proposed tax reform bills but Nigerians can be assured that the National Assembly will thoroughly deliberate on it in the interest of the country.

Insecurity Hampers Nigeria’s Economic Development Across Key Sectors

Insecurity disrupts Nigeria's economic development, weakening key sectors like agriculture, oil, and foreign investment, and requires multi-level solutions.

Latest articles

Nigeria’s Pop Culture Renaissance Drives Global Shift in Music and Style

KEY POINTS Afrobeat’s modern evolution, led by Nigerian artists, has become a global cultural...

Nigeria’s Youth Face Mounting Mental Health Crisis Amid Economic and Social Strain

KEY POINTS Approximately 40 million Nigerians, including one in six youths aged 15-24, are...

FG Promises to Deal with Flooding and Desertification in Nigeria

Nigeria’s Federal Government has declared its intention to deal with flooding and desertification by putting more emphasis on teamwork between agencies and using new technologies.

Ogun Female Journalist Bukola Agbakaizu Slumps, Dies

Abeokuta lost one of its most reputable journalists on Monday, as Bukola Agbakaizu, aged 52, died after collapsing while working.