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Nigeria Economy

Family Seeks Justice in Death Linked to Governor’s Guards

Family accuses Cross River governor’s security aides of brutality in alleged killing, sparking outrage and demands for an independent investigation.

UK Blocks Over 100 Occupations From Foreign Hiring to Cut Migration

The UK bans 100 occupations from foreign recruitment in a major migration shift critics fear could deepen labour shortages

Nigeria’s Economy Grows Amid Inflation, with Non-Oil Sector Leading

Non-oil sector's 94.52% contribution leads Nigeria's Q3 economic growth.

Nigeria’s Fiscal Dilemma: Rethinking Budget Funding Beyond Borrowing

In a pivotal address to the joint Senate Committee evaluating the 2024-2026 Medium Term...

Nigeria’s Economy Faces Severe Pressure as Business Activity Shrinks

Nigeria, Africa’s largest economy, is facing a serious economic crisis as its business activity...

Nigeria’s Economic Woes Deepen Amid Inflation, FX Shortages

Amid soaring inflation rates and a dwindling foreign exchange (FX) reservoir, Nigeria's economic health...

Family Businesses in Nigeria Add $200B Annually to Economy

Family businesses play a crucial role in Nigeria's economy. Yesterday, stakeholders convened at a...

Middle East Conflict Threatens Nigeria’s Oil Revenue and Economy 

The ongoing war between Israel and Hamas could have serious implications for Nigeria’s economy,...

Ajaokuta Steel Complex: Nigeria’s Industrial Dream Revived 

Nigeria’s long-awaited Ajaokuta Steel Complex is nearing completion, with the potential to generate $1.6...

Naira Plummets as World Bank Ranks It Among Africa’s Worst Currencies

The Nigerian naira has been ranked among the worst-performing currencies in Africa by the...

Nigerians Face Pressure as Food, Fare Prices Surge

The National Bureau of Statistics (NBS) revealed a surge in food prices in August,...

How Nigeria’s Naira Lost 99.92% of Its Value in 50 Years 

Nigeria’s naira currency has depreciated significantly in the past five decades, losing 99.92% of...

Latest articles

Family Seeks Justice in Death Linked to Governor’s Guards

Family accuses Cross River governor’s security aides of brutality in alleged killing, sparking outrage and demands for an independent investigation.

UK Blocks Over 100 Occupations From Foreign Hiring to Cut Migration

The UK bans 100 occupations from foreign recruitment in a major migration shift critics fear could deepen labour shortages

Wema Bank Rally Lifts Adebutu’s Stake to $90 Million

Kessington Adebutu’s stake in Wema Bank has risen to almost $90 million as the bank’s shares rally 147% in 2025, driven by digital banking growth.

Nigeria’s Grazing Conflicts Take 2,800 Lives in 5 Years

Open grazing conflicts in Nigeria killed 2,800 in five years as weak laws and poor enforcement fuel violence and displacement.