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Nigerian Economy

Gbenga Daniel says Ijebu Remo State Bid Near Agreement as Talks Intensify in Ogun

KEY POINTS • Daniel says lawmakers are nearing agreement on the proposed Ijebu Remo state•...

Video of Olubadan Declining Alaafin Handshake Sparks Fresh Debate Over Yoruba Traditional Hierarchy

KEY POINTS • Viral footage from an Ibadan event shows the Olubadan ignoring a handshake...

₦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

Gbenga Daniel says Ijebu Remo State Bid Near Agreement as Talks Intensify in Ogun

KEY POINTS • Daniel says lawmakers are nearing agreement on the proposed Ijebu Remo state•...

Video of Olubadan Declining Alaafin Handshake Sparks Fresh Debate Over Yoruba Traditional Hierarchy

KEY POINTS • Viral footage from an Ibadan event shows the Olubadan ignoring a handshake...

New Awujale to Emerge Within a Month as Ijebu Ruling House Screens 86 Nominees

KEY POINTS Fusengbuwa Ruling House says screening of 86 nominees for Awujale has been...

Nigeria DisCos Collected N210 Billion in October, NERC Says

Nigeria’s DisCos collected N210 billion in October 2025, according to NERC, as billing gaps and subsidies continued to weigh on electricity sector finances.