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Nigerian Economy

Flood swamps Lagos primary school as pharma company’s canal project leaves children out of class

A pharmaceutical company's construction project has blocked a Lagos canal, flooding a primary school and keeping hundreds of children out of class.

SDP’s Adebayo confirms 2027 presidential bid, warns Nigeria is drifting toward one-man rule

SDP leader Prince Adewole Adebayo has confirmed a 2027 presidential run and warned that Nigeria risks one-man rule, not a one-party state.

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.

Tinubu’s Economic Policies Have Impoverished Nigerians, Says Delta Governor

Delta governor says Tinubu's economic policies are impoverishing Nigerians as inflation, fuel subsidy removal, and hardship hit citizens hard

How to Create a Budget That Works in Nigeria

Learn how to create a budget that works in Nigeria, manage expenses, and build financial security despite inflation and rising living costs

Imported Petrol Landing Cost Drops to N900 Per Litre

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

In Five Years, FAAN Remits Over N218bn to Federation Account

For 2020 to 2024, FAAN remits over N218bn to Nigeria's Federation Account and N352.2m in stamp duty payments.

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

Latest articles

Flood swamps Lagos primary school as pharma company’s canal project leaves children out of class

A pharmaceutical company's construction project has blocked a Lagos canal, flooding a primary school and keeping hundreds of children out of class.

SDP’s Adebayo confirms 2027 presidential bid, warns Nigeria is drifting toward one-man rule

SDP leader Prince Adewole Adebayo has confirmed a 2027 presidential run and warned that Nigeria risks one-man rule, not a one-party state.

Diesel prices ground 80% of Nigeria’s fishing trawlers as 10,000 jobs hang in the balance

Soaring diesel prices have grounded more than 80% of Nigeria's fishing trawlers, threatening 10,000 jobs and pushing up fish prices at markets.

Nigeria slashes import tariffs on drugs, rice and cars under new 2026 fiscal policy

Nigeria's 2026 fiscal policy slashes import tariffs on drugs, rice and cars, drawing mixed reactions from pharmacists, farmers and auto experts.