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Nigerian Economy

Wike Expresses Confidence in Peace Talks as Tinubu Steps In to Resolve Rivers Political Crisis

KEY POINTS Wike says President Tinubu’s intervention is a major step toward resolving the...

Tinubu Appoints Adesayo Micheal as New NEMSA Boss

KEY POINTS President Tinubu appointed Engr. Adesayo Michael as Managing Director/CEO of NEMSA and...

CBN’s Global Investor Push Boosts Nigeria’s Economic Confidence

Nigeria’s CBN promotes reforms, policy stability, and market transparency to global investors, driving Eurobond demand and renewed confidence in the economy.

₦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.

Latest articles

Wike Expresses Confidence in Peace Talks as Tinubu Steps In to Resolve Rivers Political Crisis

KEY POINTS Wike says President Tinubu’s intervention is a major step toward resolving the...

Tinubu Appoints Adesayo Micheal as New NEMSA Boss

KEY POINTS President Tinubu appointed Engr. Adesayo Michael as Managing Director/CEO of NEMSA and...

Outrage as Lecturers Accuse FG of Selective Rollout of 40% Pay Rise Across Federal Universities

KEY POINTS The Federal Government announced a 40% pay rise and new allowances for...

Amaechi Joins Protest at NASS, Urges Nigerians to Speak Up on Election Results Issue

KEY POINTS Amaechi joined protesters at the National Assembly opposing the Senate’s stance on...