HomeTagsNigeria Economy

Nigeria Economy

Benue IDPs to federal government: ‘If you can’t take us home, say it’

Hundreds of thousands of displaced Nigerians in Benue are rejecting aid packages and demanding the right to return home safely.

Bello Turji orders Bargaja residents to flee as army steps in to halt mass displacement

Terrorist leader Bello Turji ordered Bargaja residents to flee or face death, triggering mass panic before the army intervened.

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.

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.

Latest articles

Benue IDPs to federal government: ‘If you can’t take us home, say it’

Hundreds of thousands of displaced Nigerians in Benue are rejecting aid packages and demanding the right to return home safely.

Bello Turji orders Bargaja residents to flee as army steps in to halt mass displacement

Terrorist leader Bello Turji ordered Bargaja residents to flee or face death, triggering mass panic before the army intervened.

South Africa, other nations turn to Dangote refinery for fuel supply

South Africa and several African governments are pursuing fuel supply contracts with Dangote Refinery as the Middle East war disrupts traditional supply routes from the Persian Gulf.

Industry leaders to debate Nigeria’s aviation hub ambitions in Lagos

Key players in Nigeria's aviation industry will meet in Lagos on March 26 to examine how hub status could boost the sector's contribution to GDP.