HomeTagsNigeria Economy

Nigeria Economy

Court Removes Julius Abure as Labour Party Chairman

KEY POINTS The Federal High Court removes Julius Abure as Labour Party chairman, recognising...

Malami Alleges DSS Denying Him Access to Family and Legal Team

KEY POINTS Former AGF Abubakar Malami alleges the DSS is denying him access to...

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.

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.

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.

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.

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.

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.

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.

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.

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.

Latest articles

Court Removes Julius Abure as Labour Party Chairman

KEY POINTS The Federal High Court removes Julius Abure as Labour Party chairman, recognising...

Malami Alleges DSS Denying Him Access to Family and Legal Team

KEY POINTS Former AGF Abubakar Malami alleges the DSS is denying him access to...

Jandor Launches Official Website to Rally Support Ahead of 2027 Lagos Governorship Race

Abdul-Azeez Adediran (Jandor) launches www.jandoroflagos.com as a central hub for his 2027 Lagos...

FG Fast-Tracks Trials of 5,000 Terrorism Suspects to Boost National Security

Nigeria moves to speed up terrorism trials, release unproven suspects, and use DNA to improve tracking of terrorists.