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Nigerian Economy

Sanwo-Olu reportedly orders LAWMA boss Muyiwa Gbadegesin to resign over Lagos waste crisis

Lagos Gov. Babajide Sanwo-Olu has reportedly ordered LAWMA managing director Muyiwa Gbadegesin to resign over the state’s worsening waste crisis, an agency insider says.

SERAP sues INEC over alleged failure to account for N126 billion in electoral funds

SERAP has sued INEC at the Federal High Court in Abuja over its alleged failure to account for more than N126 billion in electoral funds flagged by the Auditor-General.

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.

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.

Latest articles

Sanwo-Olu reportedly orders LAWMA boss Muyiwa Gbadegesin to resign over Lagos waste crisis

Lagos Gov. Babajide Sanwo-Olu has reportedly ordered LAWMA managing director Muyiwa Gbadegesin to resign over the state’s worsening waste crisis, an agency insider says.

SERAP sues INEC over alleged failure to account for N126 billion in electoral funds

SERAP has sued INEC at the Federal High Court in Abuja over its alleged failure to account for more than N126 billion in electoral funds flagged by the Auditor-General.

Angry Zamfara Youths Block Deputy Governor’s Convoy

KEY POINTS Angry youths blocked Deputy Governor Mani Mummuni’s convoy in Gwashi. At least...

Boko Haram Attack Kills Five Security Operatives in Adamawa

KEY POINTS Five security operatives are feared killed in attacks on two Adamawa communities. ...