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Nigerian Economy

US Lawmakers Seek Sanctions Over Nigeria Religious Violations

US lawmakers propose sanctions over Nigeria religious freedom violations, citing killings and attacks while calling for visa bans and asset freezes.

Air Chief Warns Against Coup Plot as Nigeria Eyes 2027 Polls

Air Chief condemns alleged coup plot, pledging legal action against any personnel found attempting to subvert Nigeria’s democratic government.

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.

World Bank: 139 Million Nigerians Still Trapped in Poverty

The World Bank urged Nigeria to channel reform gains into real welfare improvements, as 139 million citizens still live in poverty.

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.

Latest articles

US Lawmakers Seek Sanctions Over Nigeria Religious Violations

US lawmakers propose sanctions over Nigeria religious freedom violations, citing killings and attacks while calling for visa bans and asset freezes.

Air Chief Warns Against Coup Plot as Nigeria Eyes 2027 Polls

Air Chief condemns alleged coup plot, pledging legal action against any personnel found attempting to subvert Nigeria’s democratic government.

Bagudu Says Tinubu Reforms Boost State Finances

Bagudu says Tinubu economic reforms are improving state finances and driving a new strategy to boost growth across Nigeria’s 8,809 wards.

US to Deploy 200 Troops to Train Nigerian Forces

US Nigeria military cooperation deepens as Washington deploys 200 troops to train Nigerian forces in the fight against jihadist insurgents.