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UN: Terror and Banditry Push Millions in Northern Nigeria Toward Famine

The UN reports a surge in hunger across northern Nigeria as renewed attacks, mass abductions and funding cuts push thousands toward catastrophic, famine level conditions.
News

Governors Race To Contain Worsening Kidnappings As Schools Shut Across Northern States

Governors across the North and South West prepare new security plans as school closures, kidnapping cases and rising attacks force states to review protection measures.
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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.
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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.
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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.
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School Fees Soar, Parents Flock to ₦20,000 Jelesimi Centers

As school fees skyrocket, more Nigerian parents are returning to Jelesimi day care centers, exposing the growing education crisis and economic strain.
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Lagos Shuts Ojota Chemical Market Over Fire Safety Dispute

Lagos shuts Ojota Chemical Market over fire safety rules, leaving traders counting heavy losses as Nigeria battles fragile economic recovery.
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Nigeria at 65: How Oil Mismanagement Stalled Industrial Growth

Nigeria’s reliance on crude oil revenue derailed manufacturing growth, leaving the nation dependent on imports and facing deep economic struggles.
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Cleric Says Nigeria’s Economic Struggles Mirror Global Crisis

Pastor Samuel Oladele says Nigeria’s economic challenges part of global crisis, urging resilience, reforms, and unity to overcome hardship.
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Muazzam Mairawani Plans $600 Million Cement Plant in Kebbi

Muazzam Mairawani plans $600 million cement plant in Kebbi to rival Dangote and Rabiu while preparing a $225 million U.S. IPO.
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Police Intensify Efforts to End Anambra ‘Sit-At-Home’

The Anambra police force has augmented their operations to stop disruptive Monday 'sit-at-home' orders and revive the local economic activities primarily in Nnewi and Ihiala.
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NYSC Members React to Increased Allowance: “₦77K is Barely Enough”

The Federal Government begins disbursing ₦77,000 to NYSC members, but many express concerns that the amount is still insufficient for today’s economy.
Business

Lagos Levies Disrupt LPG Supply As Marketers Warn Of Scarcity

Lagos state levies create disruptions in the supply capabilities of the Dangote Refinery leading to concerns about an imminent cooking gas shortage throughout the country.
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Diaspora Remittances Surge 79 Percent To $4.18billion– Cardoso

CBN reports diaspora remittances up 79 Percent to $4.18bn in 9M’24.
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News

UN: Terror and Banditry Push Millions in Northern Nigeria Toward Famine

The UN reports a surge in hunger across northern Nigeria as renewed attacks, mass abductions and funding cuts push thousands toward catastrophic, famine level conditions.
News

Governors Race To Contain Worsening Kidnappings As Schools Shut Across Northern States

Governors across the North and South West prepare new security plans as school closures, kidnapping cases and rising attacks force states to review protection measures.
News

US Presses Nigeria for Action as Hundreds of Schoolchildren Remain Missing

The US will share intelligence and deepen security cooperation with Nigeria after the Kebbi and Niger school abductions, as hundreds of children remain missing today.
News

SEC Urges Compliance After Nigeria’s Exit From FATF Grey List

Nigeria’s SEC urges stronger, proactive compliance after the country’s FATF Grey List exit, warning that global institutions will closely monitor whether reforms remain sustainable.

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