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Nigeria Economy
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FG, ASUU Sign New Deal, End 16-Year Stalemate With 40% Pay Rise for Lecturers
KEY POINTS Federal Government and ASUU conclude renegotiation of the 2009 pact after 16...
January 15, 2026
News
Impeachment Push Against Governor Fubara Loses Steam as Two More Lawmakers Pull Out
KEY POINTS Two additional Rivers lawmakers step back from impeachment move against Governor Fubara ...
January 15, 2026
News
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.
October 27, 2025
News
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.
October 25, 2025
Business
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.
October 25, 2025
News
Nigeria’s Raw Material Imports Hit N3.53trn in First Half of 2025
Nigeria’s raw material imports rose by 19.7% to N3.53 trillion in H1 2025, highlighting structural weaknesses and the failure of the country’s import substitution policy, according to industry experts.
October 20, 2025
News
Nigeria Losing Billions to Illicit Financial Flows, Says IMF
The IMF says illicit financial flows are worsening Nigeria’s revenue crisis as it pledges renewed support to track illegal fund movements.
October 15, 2025
News
IMF Lifts Nigeria’s 2025 Growth Outlook to 3.9%
IMF raises Nigeria economic growth forecast 2025 to 3.9 percent, driven by stronger fundamentals, investor confidence, and fiscal reforms.
October 14, 2025
Business
Peter Obi Slams “Inhumane” Demolitions, Urges Government
Peter Obi condemns inhumane demolitions across Nigeria, warning they worsen poverty and threaten the economic stability of millions.
October 13, 2025
News
Foreign Firms Corner Nigeria’s N4.8trn Non-Oil Export Boom
Local exporters lament losing out in Nigeria’s non-oil export boom as foreign investors dominate the sector amid weak funding and policy hurdles.
October 13, 2025
News
Oyedele: 98% of Nigerians to Get Tax Cut or Exemption by 2026
About 98 percent of Nigerians will enjoy reduced or no tax under the new fiscal reform expected to take effect in January 2026.
October 8, 2025
News
Nigeria’s Inflation Crisis Pushes Workers and Employers to the Edge
Nigeria’s inflation crisis is eroding wages and threatening jobs, NECA warns, urging government action to stabilize businesses and protect workers.
October 7, 2025
News
Tinubu Moves to Borrow $2.3bn, Float $500m Sukuk for 2025
Tinubu seeks NASS approval for $2.3bn external borrowing and $500m Sukuk to fund 2025 budget and refinance Eurobond.
October 7, 2025
News
Naira Gains to N1,480 per Dollar on Parallel Market
The naira rises to N1,480 per dollar in the parallel market as CBN reforms improve liquidity and restore trader confidence.
October 7, 2025
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News
FG, ASUU Sign New Deal, End 16-Year Stalemate With 40% Pay Rise for Lecturers
KEY POINTS Federal Government and ASUU conclude renegotiation of the 2009 pact after 16...
January 15, 2026
News
Impeachment Push Against Governor Fubara Loses Steam as Two More Lawmakers Pull Out
KEY POINTS Two additional Rivers lawmakers step back from impeachment move against Governor Fubara ...
January 15, 2026
News
Kwankwaso Rejects Claims He Backed Gov Yusuf Defection to APC
KEY POINTS Kwankwaso denies backing any plan by Governor Abba Yusuf to leave NNPP ...
January 15, 2026
Politics
NADECO USA Urges Emergency Rule in Northern Nigeria
NADECO USA has urged President Tinubu to declare a state of emergency in northern Nigeria, citing insecurity and risks to credible elections in 2027.
January 15, 2026