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Nigeria Economy

Nigeria’s Senate Confirms 64 Ambassadorial Nominees

KEY POINTS The Senate has confirmed 64 career and non-career ambassadorial nominees submitted by...

Nigeria Orders Reopening of Unity Colleges After Security Shutdowns

KEY POINTS The federal government has ordered the reopening of all Unity Colleges closed...

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.

Nigeria Earns $1.7 Billion in Taxes from Foreign Firms Over 9 Months

Nigeria's tax revenue from foreign firms surged 44% in 9M 2024, hitting N2.57 trillion, amid compliance efforts.

Dangote Refinery Slashes Petrol Price To N899.50

Dangote petrol price cut brings festive relief, says PETROAN.

Dangote Refinery Exports to Other Parts of The World

Dangote refinery exports PMS, diesel to Africa countries and Europe.

Latest articles

Nigeria’s Senate Confirms 64 Ambassadorial Nominees

KEY POINTS The Senate has confirmed 64 career and non-career ambassadorial nominees submitted by...

Nigeria Orders Reopening of Unity Colleges After Security Shutdowns

KEY POINTS The federal government has ordered the reopening of all Unity Colleges closed...

Ngige Granted Bail After Week in Custody

KEY POINTS A Federal Capital Territory High Court has granted former labour minister Chris...

Nigeria Secures Release of Soldiers Held in Burkina Faso

Nigeria secured the release of detained air force personnel after President Tinubu sent a senior delegation to Burkina Faso for high-level diplomatic talks