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Nigeria Economy

FG, ASUU Sign New Deal, End 16-Year Stalemate With 40% Pay Rise for Lecturers

KEY POINTS Federal Government and ASUU conclude renegotiation of the 2009 pact after 16...

Impeachment Push Against Governor Fubara Loses Steam as Two More Lawmakers Pull Out

KEY POINTS Two additional Rivers lawmakers step back from impeachment move against Governor Fubara ...

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.

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.

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.

Diaspora Remittances Surge 79 Percent To $4.18billion– Cardoso

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

CBN: Nigeria’s Economy to Grow by 4.1 Percent in 2025

Reforms demonstrate that Nigeria's economy will generate 4.1% growth with a 15% reduction in inflation according to the CBN.

Dangote Explains Sales Dynamics Following Petrol Price Cut

Dangote cuts petrol price to N899, attributes it to forces of the market and commitment to Nigeria’s economy.

Fuel Subsidy Removal Unavoidable, Tinubu Defends

Tinubu restates no regrets on subsidy removal, says it was for recovery and fiscal discipline.

Latest articles

FG, ASUU Sign New Deal, End 16-Year Stalemate With 40% Pay Rise for Lecturers

KEY POINTS Federal Government and ASUU conclude renegotiation of the 2009 pact after 16...

Impeachment Push Against Governor Fubara Loses Steam as Two More Lawmakers Pull Out

KEY POINTS Two additional Rivers lawmakers step back from impeachment move against Governor Fubara ...

Kwankwaso Rejects Claims He Backed Gov Yusuf Defection to APC

KEY POINTS Kwankwaso denies backing any plan by Governor Abba Yusuf to leave NNPP ...

NADECO USA Urges Emergency Rule in Northern Nigeria

NADECO USA has urged President Tinubu to declare a state of emergency in northern Nigeria, citing insecurity and risks to credible elections in 2027.