HomeTagsNigerian Economy

Nigerian Economy

News

FG revokes passports of Nigerians who renounce citizenship

Interior Minister Olubunmi Tunji-Ojo on Saturday ordered the Nigeria Immigration Service to immediately execute a Nigerian passport withdrawal for citizens who have formally renounced their citizenship.
News

US enforces visa bans on religious freedom violators

The United States has activated religious freedom visa restrictions against individuals who violate international religious liberty, with Principal Advisor for Global Religious Freedom Mark Walker confirming Friday that enforcement is already underway.
News

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.
News

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.
News

₦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
News

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.
Business

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.
News

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.
News

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.
News

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.
News

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.
News

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.
News

CANMPEF Warns Inflation, Taxes Threaten Industrial Growth

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

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.
Load more

Latest articles

News

FG revokes passports of Nigerians who renounce citizenship

Interior Minister Olubunmi Tunji-Ojo on Saturday ordered the Nigeria Immigration Service to immediately execute a Nigerian passport withdrawal for citizens who have formally renounced their citizenship.
News

US enforces visa bans on religious freedom violators

The United States has activated religious freedom visa restrictions against individuals who violate international religious liberty, with Principal Advisor for Global Religious Freedom Mark Walker confirming Friday that enforcement is already underway.
News

Faleke backs Hamzat for Lagos 2027 governorship seat

Rep. James Faleke publicly backed Lagos Deputy Governor Obafemi Hamzat for the Lagos 2027 governorship on Friday.
News

Banditry turned Kwara farming communities into ghost towns, displacing 20,000 residents

Across Kwara's rural belt, farming villages that once sustained families for generations now sit empty, silenced by banditry, kidnapping and fear.