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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 ...

Shell Contributed $1.09bn in Taxes in 2023

In 2023, Shell Nigeria paid $1.09 billion in taxes and royalties, underscoring its substantial financial contribution to the Nigerian government and its economic development.

SDP Candidate Urges Shift from Wage Hikes to Social Investments

SDP's Adebayo champions social investments over wage increases, emphasizing a sustainable approach to supporting all citizens.

Nigerian Families Grapple with Triple Economic Crisis

In a season of triple shocks, Nigerian families are battling to contain an escalating...

Tinubu’s Missteps: Fuel Import Licenses and Naira Float

Recent proposals by prominent Nigerian politician Bola Tinubu regarding fuel import licenses and floating...

Obi Criticizes CBN’s Rate Hike, Foresees Economic Woes

Peter Obi slams CBN's decision, predicts job losses and hardship.

Naira Hits Record Low on Official Exchange, Nears N1,500/$ Mark

The naira plunges to a new all-time low on the official market, raising concerns over potential economic impacts and market stability.

SERAP Calls for Reduction of National Assembly’s ‘Excessive’ N344.85b Budget

SERAP urges Senate President Akpabio and Speaker Abbas to cut the National Assembly's N344.85 billion budget, advocating for fiscal responsibility in line with Nigeria's economic realitie

Nigeria to Send 4000 Skilled Artisans to UAE in Landmark Labor Export Deal

Nigeria set to send 4000 artisans to UAE, marking a significant stride in labor export and economic relations enhancement.

Nigeria Bolsters Food Security with Enhanced Wet Season Farming Strategy

In a significant move to bolster food production, Nigeria's Minister of Agriculture and Food...

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.

KPMG Forecasts Inflation Surge to 30% in Nigeria by Year-End

As Nigeria braces for the release of October 2023 inflation figures by the National...

FG Vows to Boost SMEs, Calls Them Economy’s Lifeblood

The federal government has vowed to implement policies that will enhance Small and Medium...

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.