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Nigerian Economy

Adeleke urges Osun voters to reject APC, warns against return to half-salary era

Osun Governor Ademola Adeleke has called on residents to reject the APC at the August 15 poll, warning that a return to opposition rule would revive the half-salary era for civil servants.

Kano police arrest six over sale of unverified local medicine at ECWA Church

Kano police have arrested six members of the Brother Fall Legacy Foundation for allegedly administering and selling unverified locally made medicine at an ECWA Church in Challawa.

5 Forces That Will Shape Nigeria’s Direction In 2026

Nigeria’s path in 2026 will depend on the economy, politics, public mood and security as the country edges closer to 2027.

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.

Latest articles

Adeleke urges Osun voters to reject APC, warns against return to half-salary era

Osun Governor Ademola Adeleke has called on residents to reject the APC at the August 15 poll, warning that a return to opposition rule would revive the half-salary era for civil servants.

Kano police arrest six over sale of unverified local medicine at ECWA Church

Kano police have arrested six members of the Brother Fall Legacy Foundation for allegedly administering and selling unverified locally made medicine at an ECWA Church in Challawa.

Security forces rescue 176 women and children kidnapped from Kwara’s Woro community

Security forces have rescued 176 women and children who spent six months in captivity after suspected Boko Haram terrorists abducted them from Woro community in Kwara State

EFCC freezes Osun state statutory allocation account 10 days before governorship election

The EFCC has directed First Bank to place a Post-No-Debit restriction on Osun State's statutory allocation account, 10 days before the August 15 governorship election.