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Nigeria Economy

Obidient Movement accuses APC after police scrap N20 million Obi-Kwankwaso rally in Akwa Ibom

Akwa Ibom police have canceled a two-million-man march for Peter Obi and Rabiu Kwankwaso in Uyo, with the NDC saying it lost N20 million mobilizing supporters.

Nigerian public servants begin three-day warning strike, demand N500 petrol and new minimum wage

Nigeria's Joint National Public Service Negotiating Council has begun a three-day warning strike from Oct. 2 to 4, demanding N500 petrol and a new minimum wage.

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.

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...

Latest articles

Obidient Movement accuses APC after police scrap N20 million Obi-Kwankwaso rally in Akwa Ibom

Akwa Ibom police have canceled a two-million-man march for Peter Obi and Rabiu Kwankwaso in Uyo, with the NDC saying it lost N20 million mobilizing supporters.

Nigerian public servants begin three-day warning strike, demand N500 petrol and new minimum wage

Nigeria's Joint National Public Service Negotiating Council has begun a three-day warning strike from Oct. 2 to 4, demanding N500 petrol and a new minimum wage.

From Ifangni to Ilasamaja: How a 10-year-old “tiling apprentice” ended up mixing cement instead of going to school

A 10-year-old from Benin Republic works and sleeps on a Lagos construction site, showing how poverty, migration and informal apprenticeship push children out of school.

Why nutritionists say Nigerians should stop boiling eggs and rice in the same pot

Nigerian dietitians warn that boiling unwashed eggs with rice in one pot can transfer Salmonella and E. coli from the shells to the grains, risking foodborne illness.