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Nigeria Economy

First HoldCo Reports $1.7 Billion in Gross Earnings Under Otedola’s Leadership

First HoldCo, led by Femi Otedola, reports $1.7 billion in nine-month earnings as reforms strengthen assets and equity.

Nigeria Recovers 90 Mining Sites, Generates N28 Billion in 2024

Nigeria recovered 90 mining sites and generated N28 billion in 2024, signalling a stronger policy focus on mining sector revenue and reform

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

First HoldCo Reports $1.7 Billion in Gross Earnings Under Otedola’s Leadership

First HoldCo, led by Femi Otedola, reports $1.7 billion in nine-month earnings as reforms strengthen assets and equity.

Nigeria Recovers 90 Mining Sites, Generates N28 Billion in 2024

Nigeria recovered 90 mining sites and generated N28 billion in 2024, signalling a stronger policy focus on mining sector revenue and reform

UBA Third-Quarter Profit Reports ₦537.5 Billion Profit

UBA posts N537.5 billion profit in Q3 2025, boosting its capital strength and reaffirming investor confidence through disciplined growth and recapitalisation.

Power Minister Adelabu Disburses N100 Million Grants to Oyo Traders

Adebayo Adelabu launches N100 million empowerment programme in Oyo State to support traders, farmers, and artisans amid economic hardship.