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Nigeria Economy

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Court Postpones ADC Leadership Suit Indefinitely as Bala Seeks New Judge

KEY POINTS A Federal High Court in Abuja adjourned indefinitely the ADC leadership suit...
News

Rano Air Suspends Some Flight Routes as Rising Fuel Prices Hit Operations

KEY POINTS Rano Air suspended some flight routes due to a 300% increase in...
Business

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.
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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.
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Nigeria Faces Economic Challenges as Naira Dives Following Currency Unification

Nigeria's economic crisis deepens with naira's sharp fall after unification.
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Nigeria’s Economy Grows Amid Inflation, with Non-Oil Sector Leading

Non-oil sector's 94.52% contribution leads Nigeria's Q3 economic growth.
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Nigeria’s Fiscal Dilemma: Rethinking Budget Funding Beyond Borrowing

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

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...
Business

Nigeria’s Economic Woes Deepen Amid Inflation, FX Shortages

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

Family Businesses in Nigeria Add $200B Annually to Economy

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

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,...
Business

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...
Business

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...
Business

Nigerians Face Pressure as Food, Fare Prices Surge

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

Court Postpones ADC Leadership Suit Indefinitely as Bala Seeks New Judge

KEY POINTS A Federal High Court in Abuja adjourned indefinitely the ADC leadership suit...
News

Rano Air Suspends Some Flight Routes as Rising Fuel Prices Hit Operations

KEY POINTS Rano Air suspended some flight routes due to a 300% increase in...
News

NCAA unveils online portal to streamline Nigeria’s drone permits

The Nigeria Civil Aviation Authority will launch its drone portal at DroneTecX 2026 in Lagos to digitize registration, certification and compliance for operators.
News

Passenger Bus Crashes Under Bridge on Lokoja-Okene Highway

KEY POINTS A passenger bus travelling from Jos to Lagos crashed under a bridge...