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Nigeria Economy

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Tinubu Begins Three-Week London Vacation, Shettima to Take Over

KEY POINTS President Bola Tinubu has left Nigeria for a three-week annual vacation, beginning...
News

Two Killed in Lagos Cinema Machete Attack

KEY POINTS Two people died after a machete and knife attack at Filmhouse IMAX...
Business

Nigeria Assures Investors About Market After US Backed Strike

Nigeria’s finance minister says a joint security operation with the United States will strengthen stability, reassure investors and support continued economic growth.
News

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.
News

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...
News

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.
Business

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.
News

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.
News

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.
News

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.
News

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.
News

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.
News

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.
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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.
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News

Tinubu Begins Three-Week London Vacation, Shettima to Take Over

KEY POINTS President Bola Tinubu has left Nigeria for a three-week annual vacation, beginning...
News

Two Killed in Lagos Cinema Machete Attack

KEY POINTS Two people died after a machete and knife attack at Filmhouse IMAX...
News

NDLEA Raids Port Harcourt Drug Den, Seizes Cocaine and Heroin

KEY POINTS NDLEA raided a Port Harcourt drug den and recovered cocaine, heroin and...
News

Gunmen Abduct NYSC Members in Kogi, 11 Rescued

KEY POINTS Gunmen attacked two buses carrying passengers, including NYSC members, along the Aloma-Egane...