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Nigerian Economy

Obi Tells Police: Release Sowore Or Charge Him to Court

Peter Obi demands that police either release Sowore or formally charge him immediately to uphold legal rights.

Presidency Dismisses Cadre Harmonisé Hunger Projections

Presidency pushes back against reports of collapse, says Cadre Harmonisé hunger figures are projections and reforms are already underway.

Nigeria’s Oil Dependence and Path to Economic Diversification

Nigeria’s oil dependence exposes its economy to price shocks, but diversification into agriculture, tech, and minerals aims to ensure economic stability

The Tax Reform Bills Suggest A 55% Share of VAT To States

Senate passes tax bills that raise VAT share to states by 40%.

How Currency Devaluation Impacts Nigerians’ Everyday Lives

Currency devaluation impacts Nigerians through rising prices, reduced purchasing power, and economic challenges for businesses across Nigeria

CBN Strengthens Diaspora Ties to Boost Nigeria’s Economic Growth

CBN strengthens ties with the Nigerian diaspora, aiming to boost remittance flows and encourage investments that support Nigeria’s economic growth and stability

Dangote Urges Government to End Fuel Subsidies Immediately

Aliko Dangote calls for an immediate end to fuel subsidies in Nigeria, explaining how it could reduce costs and stabilize the economy

Over 50 Nigerian Firms Shut Down Amid Economic Turmoil

Nigeria's manufacturing sector faces a severe crisis as over 50 firms shut down, leading to massive job losses. Industry leaders urge government intervention to prevent further economic decline.

Nigeria’s Revenue Soars to N9.1 Trillion in First Half of 2024

Nigeria’s revenue hit N9.1 trillion in the first half of 2024, reflecting the government's strategic economic policies and improved tax collection.

FG Pleads for Patience Amid Nationwide Protest Plans

The Federal Government appeals for patience and postponement of the planned nationwide protest, citing ongoing efforts to address economic hardships.

Tinubu Pleads with Youths to Shelve Planned Protest

President Bola Tinubu urges Nigerian youths to reconsider their planned protest over the high cost of living, assuring them that their grievances are being addressed by the government.

Tinubu’s N100,000 Wage Blocked by Governors

The NLC Lagos Council criticizes the new N70,000 minimum wage as inadequate for Lagos workers, citing high living costs and governors' influence on the decision.

Nigeria’s Inflation Climbs to 34.19% in June, Driven by Food Prices

Nigeria's inflation rate rose to 34.19% in June, driven by rising food prices. This significant increase poses serious concerns for the economy and citizens.

More Naira, Less Value: Inflation Erodes ₦7.6 Trillion in Consumer Spending

Inflation in Nigeria has wiped out ₦7.6 trillion in consumer spending, highlighting severe economic challenges and declining purchasing power for households

Latest articles

Obi Tells Police: Release Sowore Or Charge Him to Court

Peter Obi demands that police either release Sowore or formally charge him immediately to uphold legal rights.

Presidency Dismisses Cadre Harmonisé Hunger Projections

Presidency pushes back against reports of collapse, says Cadre Harmonisé hunger figures are projections and reforms are already underway.

WAEC Faces Backlash Over Exam Result Glitches

Technical errors in WAEC’s 2025 WASSCE trigger nationwide anger as unions demand accountability and question plans for full CBT transition.

Itodo Slams Premature Campaigns, Urges Stiffer Sanctions

Samson Itodo warns premature campaigns erode governance, urging tougher sanctions to deter political actors ahead of Nigeria’s 2027 elections.