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Nigeria Economy

Reprisal attack kills several residents in Kogi communities after herder’s death

Several residents have been killed in a reprisal attack on Abugi, Kuchinda and Mikugi communities in Kogi State after a vigilante allegedly shot dead an unarmed herder.

Lagos short of 40,000 doctors as Sanwo-Olu warns of health funding gap

Lagos State needs roughly 40,000 more doctors and 40,000 nurses, Sanwo-Olu says, while its health sector needs at least N100bn above current budget provisions.

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

Reprisal attack kills several residents in Kogi communities after herder’s death

Several residents have been killed in a reprisal attack on Abugi, Kuchinda and Mikugi communities in Kogi State after a vigilante allegedly shot dead an unarmed herder.

Lagos short of 40,000 doctors as Sanwo-Olu warns of health funding gap

Lagos State needs roughly 40,000 more doctors and 40,000 nurses, Sanwo-Olu says, while its health sector needs at least N100bn above current budget provisions.

ICPC recommends prosecution of alleged PFIPC boss Adeyemi

The ICPC has recommended prosecuting Adeniyi Adeyemi, alleged head of the disputed PFIPC, telling President Tinubu in an interim report that flagged forged appointment documents.

Customs intercepts pump-action rifle parts at Tin Can Port

Nigeria Customs intercepted concealed pump-action rifle parts and seized ₦373.8 million in cannabis-infused products at Tin Can Port, with a principal suspect on the run.