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Nigeria Economy

NEMA Activates Nationwide Emergency Response for Festivities

NEMA has activated nationwide emergency response plans for the festive season, boosting inter-agency coordination and urging Nigerians to prioritise safety amid increased travel and public activities.

How Gen Z Founders Are Rewriting Nigeria’s Consumer Market

Gen Z entrepreneurs Nigeria are transforming the consumer market with mobile-first brands, social commerce, and trust-driven business models that reflect how Nigerians live today.

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.

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.

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.

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.

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.

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.

Latest articles

NEMA Activates Nationwide Emergency Response for Festivities

NEMA has activated nationwide emergency response plans for the festive season, boosting inter-agency coordination and urging Nigerians to prioritise safety amid increased travel and public activities.

How Gen Z Founders Are Rewriting Nigeria’s Consumer Market

Gen Z entrepreneurs Nigeria are transforming the consumer market with mobile-first brands, social commerce, and trust-driven business models that reflect how Nigerians live today.

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.

7 Human Behaviours That Boost Longevity and Happiness

Seven everyday behaviours that support longevity and happiness, plus practical tips to help you live longer and feel better.