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Nigerian Economy

FG, ASUU Sign New Deal, End 16-Year Stalemate With 40% Pay Rise for Lecturers

KEY POINTS Federal Government and ASUU conclude renegotiation of the 2009 pact after 16...

Impeachment Push Against Governor Fubara Loses Steam as Two More Lawmakers Pull Out

KEY POINTS Two additional Rivers lawmakers step back from impeachment move against Governor Fubara ...

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

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.

Latest articles

FG, ASUU Sign New Deal, End 16-Year Stalemate With 40% Pay Rise for Lecturers

KEY POINTS Federal Government and ASUU conclude renegotiation of the 2009 pact after 16...

Impeachment Push Against Governor Fubara Loses Steam as Two More Lawmakers Pull Out

KEY POINTS Two additional Rivers lawmakers step back from impeachment move against Governor Fubara ...

Kwankwaso Rejects Claims He Backed Gov Yusuf Defection to APC

KEY POINTS Kwankwaso denies backing any plan by Governor Abba Yusuf to leave NNPP ...

NADECO USA Urges Emergency Rule in Northern Nigeria

NADECO USA has urged President Tinubu to declare a state of emergency in northern Nigeria, citing insecurity and risks to credible elections in 2027.