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Nigeria Economy

Makinde says Oyo 2027 successor decision is coming

Oyo Governor Seyi Makinde revealed Sunday that his administration has begun a structured succession process for 2027 and will announce a preferred candidate in due course.

Oxford, British Museum eye Nigeria railway heritage partnership

Experts from the British Museum and the University of Oxford visited the NRC Legacy Museum in Lagos Sunday to explore collaboration on preserving Nigeria's railway heritage.

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.

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.

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.

Latest articles

Makinde says Oyo 2027 successor decision is coming

Oyo Governor Seyi Makinde revealed Sunday that his administration has begun a structured succession process for 2027 and will announce a preferred candidate in due course.

Oxford, British Museum eye Nigeria railway heritage partnership

Experts from the British Museum and the University of Oxford visited the NRC Legacy Museum in Lagos Sunday to explore collaboration on preserving Nigeria's railway heritage.

Tijani champions cybersecurity council to fight rising threats

Communications Minister Bosun Tijani is championing a plan to establish a national cybersecurity coordination council designed to unify Nigeria's response to increasingly sophisticated cyber threats.

New tax law hands NRS mineral royalty powers

Nigeria's Revenue Service took over the collection of mineral royalties from mining operators on January 1, 2026, following new tax laws President Bola Tinubu signed in June 2025.