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Nigeria Economy

UN Proposes 15 Percent Budget Cut for 2026

The UN plans 15% budget cut in 2026 as Antonio Guterres tackles U.S. arrears, workforce downsizing, and organizational restructuring

Dangote Refinery Set to Resolve Nigeria’s Forex’s Crisis – S&P Global

S&P Global reports Dangote Refinery could significantly stabilize Nigeria's forex issues and spur economic growth.

CBN Reforms Boost Investment to Four-Year High

CBN reforms have driven investment inflows to a four-year high in Nigeria, signaling positive economic growth and enhanced investor confidence.

IMF Urges Nigeria to End Electricity Subsidies

The IMF warns Nigeria against unsustainable fuel and electricity subsidies, highlighting the need for fiscal discipline to tackle the nation's economic challenges.

Atiku Accuses Tinubu of Conflicts of Interest Over Son’s Business Ties

Atiku Abubakar claims Bola Tinubu's son's board position reflects a conflict of interest influencing major governmental projects.

Tinubu Launches Bold Plan to Revive Nigeria’s Economy

In an assertive move to bolster Nigeria's economy, President Bola Tinubu has unveiled a...

Naira Soars Below N1,600: A Glimmer of Economic Hope

The Nigerian Naira is showing promising signs of recovery, with its value appreciating to...

Rising Iron Rod Costs Push Engineers Towards Building with Bamboo

Facing rising construction costs, Nigerians innovate with bamboo as a cost-effective alternative to iron rods, showcasing resilience and adaptability in the building industry.

Breaking News: Naira Hits Record Low of N1,600; Tinubu’s Policies Questioned

Nigeria's naira hits a new low of N1,600/$1, facing a steep decline as President Tinubu's economic measures struggle to stabilize the economy amidst rising inflation and policy challenges.

Atiku Slams Tinubu’s Economic Policies

Atiku Abubakar criticizes President Tinubu's economic policies, warning of deepening crises and urging swift action for Nigeria's economic future.

FG to Save N8 Trillion Annually from Subsidy Removal and FX Reform, Says Tinubu Panel

Nigeria aims to save N8 trillion annually through subsidy removal and forex rate changes, prioritising efficient spending for development.

Nigeria’s Economic Turmoil: Inflation, Deficit Woes Deepen

Nigeria struggles with economic instability, facing inflation, currency issues, and fiscal deficits, as the government seeks ways to navigate the crisis.

Nigeria Faces Economic Challenges as Naira Dives Following Currency Unification

Nigeria's economic crisis deepens with naira's sharp fall after unification.

Latest articles

UN Proposes 15 Percent Budget Cut for 2026

The UN plans 15% budget cut in 2026 as Antonio Guterres tackles U.S. arrears, workforce downsizing, and organizational restructuring

Taiwo Afolabi Expands Community Projects, SAHCO Stake

SIFAX Group founder Taiwo Afolabi has commissioned new projects in Ogun State while his aviation unit SAHCO posts soaring profits and a higher valuation.

126 Environmental Defenders Killed in Africa Since 2012, Report Shows

Global Witness reports 126 killings of environmental defenders in Africa since 2012, with DRC named the most dangerous country.