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Nigerian Economy

Truck Crash Forces Otedola Bridge Closure in Lagos

A crash involving two container trucks shut Otedola Bridge, halting traffic and forcing officials to redirect motorists through alternative Lagos routes.

NGX Nears N98 Trillion as Santa Rally Lifts Stocks

Nigerian stocks surged in a Santa rally, lifting market value close to N98 trillion as investors pocketed more than N953 billion in gains.

Nigeria’s $92 Billion Lithium Boom Leaves Local Investors Struggling

Nigeria’s $92 billion lithium industry is dominated by foreign companies, leaving local investors sidelined in the race for green energy profits.

Tinubu Calls for Productivity Push in Independence Day Speech

Tinubu urges Nigerians to produce more, backing reforms that he says will build a stronger, self-reliant economy despite current hardship.

The Silent Billion-Dollar Hustle: How Nigerian Market Women Sustain Africa’s Food Security

KEY POINTS Nigeria’s 15 million market women move 70% of the nation’s food, generating...

The Owambe Economy: Celebrating Through Crisis in an Era of Soaring Inflation

KEY POINTS Despite soaring inflation, Nigeria’s owambe celebrations remain widespread, with families spending millions...

Five Nigerian Cities Experiencing the Fastest Rising Cost of Living in 2025

KEY POINTS Lagos, Abuja, Port Harcourt, Uyo, and Jos are the top five Nigerian...

Forensic Audit Set for NNPCL, Says Finance Minister Edun

Finance Minister Wale Edun announces a forensic audit of NNPCL, aligning with reforms aimed at boosting investor confidence and economic growth.

Nigeria’s Inflation Rate Drops to 23.18% in February 2025

KEY POINTS  Nigeria’s inflation rate dropped to 23.18% in February 2025, down from 24.48%...

Oshiomhole: Former Military Generals Resposible for Illegal Mining

Oshiomhole attributes illegal mining to the involvement of retired military general officers while calling for immediate military action.

5 Sectors to Watch for Investment Opportunities in Nigeria

Nigeria offers vast investment opportunities across agriculture, tech, renewable energy, healthcare, and real estate, promising growth and returns.

Vulnerable industries to watch: Nigeria’s Most Endangered Sectors in 2025

Nigeria's key sectors face risks in 2025, from energy transitions to climate change, inflation, and policy challenges.

Tinubu Promises Better Times for Nigerians in 2025

Economic growth by 2025 will usher in brighter days for Nigerians: Tinubu.

Businesses Predict Naira Depreciation In Coming Months — CBN

Nigerian firms predict naira depreciation, according to CBN November survey.

Latest articles

Truck Crash Forces Otedola Bridge Closure in Lagos

A crash involving two container trucks shut Otedola Bridge, halting traffic and forcing officials to redirect motorists through alternative Lagos routes.

NGX Nears N98 Trillion as Santa Rally Lifts Stocks

Nigerian stocks surged in a Santa rally, lifting market value close to N98 trillion as investors pocketed more than N953 billion in gains.

Air Peace To Shift Regional Flights To Daytime Operations In 2026

Air Peace plans to move regional flights to daytime operations and expand Africa routes by early 2026 to improve connectivity and passenger convenience.

7 Most Visited Countries During Christmas as Holiday Travel Peaks

As Christmas approaches each year, international travel surges. Europe’s historic cities and warmer destinations across the Americas consistently rank among the most visited countries during Christmas due to culture, tradition and seasonal appeal.