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Nigeria Economy

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ASUP Orders Staff Off Campus Over Security Fears

KEY POINTS ASUP orders academic staff off Federal Polytechnic Offa campus. Council says meetings...
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Two-Storey Building Collapses in Aboru Area of Lagos State

KEY POINTS One person died in the Lagos building collapse. Two workers were rescued...
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Naira Soars Below N1,600: A Glimmer of Economic Hope

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

ASUP Orders Staff Off Campus Over Security Fears

KEY POINTS ASUP orders academic staff off Federal Polytechnic Offa campus. Council says meetings...
News

Two-Storey Building Collapses in Aboru Area of Lagos State

KEY POINTS One person died in the Lagos building collapse. Two workers were rescued...
News

NDLEA Brings Wanted Drug Suspect Back from Benin

KEY POINTS NDLEA arrests Festus Ibewuike in Benin Republic. He is linked to 49.70kg...
News

Kara Bridge Repairs Trigger Major Lagos-Ibadan Expressway Gridlock

KEY POINTS Kara Bridge repairs trigger severe Lagos-Ibadan gridlock. Traffic stretches from Kara towards...