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Nigerian Economy

Court Blocks Resident Doctors’ Planned January 12 Strike as Legal Battle With FG Deepens

KEY POINTS A National Industrial Court order has restrained resident doctors from embarking on...

Rivers Assembly Confirms Impeachment Notices Served on Governor Fubara and Deputy

Rivers Assembly says impeachment notices alleging gross misconduct have been formally served on...

₦58.18 Trillion Budget: Nigerians Want Impact, Not Figures — Natasha

Lawmakers say Nigeria’s 2026 budget will be judged by impact on daily life, not its ₦58.18 trillion size

Festive Season Pressure Sends Nigeria’s Inflation to Four-Month High

Nigeria’s November inflation climbed month-on-month as festive demand and insecurity lifted food prices, despite easing annual inflation trends.

CBN Lifts Limits, Raises Weekly Withdrawal Threshold

The Central Bank of Nigeria has overhauled its cash-handling rules, lifting deposit limits and increasing weekly withdrawal thresholds to N500,000 for individuals and N5 million for corporates.

CBN Holds Benchmark Interest Rate at 27 Percent

The Central Bank of Nigeria has held its benchmark rate at 27 percent, keeping pressure on inflation while signaling caution on economic risks.

Manufacturers Shun Bank Loans Over High Interest Rates

Nigerian manufacturers cut bank loans 20.3% and finance costs 52.8%, citing high interest rates and shifting to equity.

Economy: Experts Question Federal Government’s Positive Assessment

Analysts say Nigeria’s economic gains are largely on paper, with macro improvements yet to translate into real relief for citizens. Experts urge targeted reforms for inclusive growth.

7 Ways People Waste Money Without Noticing

People often lose money through unnoticed daily habits. These seven common financial leaks quietly weaken budgets and increase monthly pressure.

Dangote’s Fortune Slips Below $30 Billion as Cement Shares Fall

Dangote’s wealth dips below $30 billion as cement shares fall on investor caution and Nigeria’s new capital gains tax.

CANMPEF Warns Inflation, Taxes Threaten Industrial Growth

CANMPEF warns inflation, taxes, and forex issues threaten Nigeria’s industrial stability despite modest growth in 2024.

Nigerians to Pay Nearly N1 Trillion More for Petrol as 15% Import Tariff Takes Effect

Nigeria’s new 15% fuel import tariff will add nearly N1 trillion yearly to petrol costs for consumers nationwide.

Dangote Plans $5 Billion Lagos Refinery Expansion To Boost Fuel Supply

Aliko Dangote plans to raise $5 billion to expand his Lagos refinery and boost Nigeria’s energy supply.

Dangote’s Net Worth Nears $30 Billion as Fortune Hits $29.8B

Aliko Dangote’s net worth climbs to $29.8 billion, driven by gains in his cement and refinery ventures as he edges closer to the $30 billion mark.

Latest articles

Court Blocks Resident Doctors’ Planned January 12 Strike as Legal Battle With FG Deepens

KEY POINTS A National Industrial Court order has restrained resident doctors from embarking on...

Rivers Assembly Confirms Impeachment Notices Served on Governor Fubara and Deputy

Rivers Assembly says impeachment notices alleging gross misconduct have been formally served on...

Presidency Sets N12.2bn For Travel In 2026 As State House Budget Hits N43.2bn

The 2026 budget shows heavy travel spending by the Presidency, with the State House allocation rising to N43.2 billion.

Why Africa’s Push For Visa-Free Travel Is Gaining Momentum

Advocacy for visa-free Africa grows as leaders, experts, and youth push freer movement to boost trade, jobs, and continental unity.