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Nigeria Economy

Hayatu-Deen vows not to step down for Atiku, Amaechi

ADC presidential aspirant Mohammed Hayatu-Deen vowed not to step down for Atiku Abubakar, Rotimi Amaechi or anyone, pledging to reverse Nigeria's two-decade economic decline.

US, Nigeria kill ISIS second-in-command al-Minuki in Sokoto strike

US and Nigerian forces killed ISIS second-in-command Abu-Bilal al-Minuki in a Sokoto air strike, President Trump announced, marking a major counter-terrorism milestone.

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

Hayatu-Deen vows not to step down for Atiku, Amaechi

ADC presidential aspirant Mohammed Hayatu-Deen vowed not to step down for Atiku Abubakar, Rotimi Amaechi or anyone, pledging to reverse Nigeria's two-decade economic decline.

US, Nigeria kill ISIS second-in-command al-Minuki in Sokoto strike

US and Nigerian forces killed ISIS second-in-command Abu-Bilal al-Minuki in a Sokoto air strike, President Trump announced, marking a major counter-terrorism milestone.

Nigeria’s Inflation Rate Climbs to 15.69% in April Despite Slower Food Price Growth

KEY POINTS Nigeria’s inflation rate rose slightly to 15.69% in April 2026 after the...

Suspected Gas Leak Sends Ogun Students to Hospital, Sparks Panic in Ijebu Ode

KEY POINTS Several students were hospitalised after a suspected gas leak at Anglican Girls...