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Nigeria Economy

Former Ondo Governor Olusegun Mimiko Joins APC Ahead of 2027 Elections

KEY POINTS • Former Ondo State Governor Olusegun Mimiko has officially defected from the PDP...

Oyo Governor Seyi Makinde Declares Interest in 2027 Presidential Race Under APM Alliance

KEY POINTS • Oyo State Governor Seyi Makinde has officially declared his intention to contest...

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.

Dangote To Double Refinery Output To 1.4 Million Barrels Daily

Dangote plans to double his Lagos refinery output to 1.4 million barrels daily to boost Africa’s energy supply.

IMF Warns Nigeria on Rising Debt, Oil Risks Despite Reform Progress

IMF praises Nigeria’s economic reforms but warns that debt costs, fiscal pressures, and oil volatility could threaten recent recovery gains.

Presco Profit Doubles on Strong Palm Oil Demand

Presco Plc reported over 100 percent profit growth in nine months, driven by strong palm oil demand, higher output, and improved efficiency.

Latest articles

Former Ondo Governor Olusegun Mimiko Joins APC Ahead of 2027 Elections

KEY POINTS • Former Ondo State Governor Olusegun Mimiko has officially defected from the PDP...

Oyo Governor Seyi Makinde Declares Interest in 2027 Presidential Race Under APM Alliance

KEY POINTS • Oyo State Governor Seyi Makinde has officially declared his intention to contest...

Prominent Nigerian Scholar Samuel Osoba Dies at 92

KEY POINTS • Renowned academic Samuel Olusegun Osoba has died at the age of 92...

PDP and APM Sign Alliance Agreement Ahead of 2027 Elections in Ibadan

KEY POINTS • The PDP and Allied Peoples’ Movement have signed a Memorandum of Understanding...