Nigeria economy

Governor Mbah Challenges Nigerians to Harness Culture as a Catalyst for Economic Growth
Enugu State Governor, Dr. Peter Mbah, has called on Nigerians to harness the nation’s rich cultural heritage as a catalyst for economic empowerment, job creation,...

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Politics Today
2 days ago1 day ago

Enugu State Governor, Dr. Peter Mbah, has called on Nigerians to harness the nation’s rich cultural heritage as a catalyst for economic empowerment, job creation, and sustainable development. At the inauguration of the three-day Culture and Creative Economy Summit held at Landmark Nike Resort, Enugu, Governor Mbah, represented by the Secretary to the State Government,...

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Urgent Alert: Speaker Abbas Raises the Alarm as Nigeria’s Debt Skyrockets to N149 Trillion!
Abbas Tajudeen, the Speaker of Nigeria’s House of Representatives, has raised serious concerns about the country’s escalating debt levels, pointing out that the current borrowing...

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Politics Today
4 days ago4 days ago

Abbas Tajudeen, the Speaker of Nigeria’s House of Representatives, has raised serious concerns about the country’s escalating debt levels, pointing out that the current borrowing has exceeded the legal limits set by Nigerian law, posing a significant threat to the nation’s financial stability. Speaking at the opening of the 11th Annual Conference and General Assembly...

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CBN hints at possible drop in interest rates as inflation eases
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has indicated that nigeria-fintech-savings-apps/” title=”Top Fintech Apps in … Offering the Best Competitive Interest...

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Politics Today
5 days ago4 days ago

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has indicated that nigeria-fintech-savings-apps/” title=”Top Fintech Apps in … Offering the Best Competitive Interest Rates on Your Savings”>interest rates could decline in the coming months as inflation shows signs of moderating, a development expected to ease access to credit and stimulate investments. Cardoso made...

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Urgent Action Needed: Nigeria’s Economic Reform Can’t Wait
Why Nigeria’s Economic Transformation Demands Immediate Action Nigeria frequently highlights its vast population, exceeding 220 million, as a key attraction for international investors. However, relying...

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Business Updates
2 weeks ago2 weeks ago

Why Nigeria’s Economic Transformation Demands Immediate Action Nigeria frequently highlights its vast population, exceeding 220 million, as a key attraction for international investors. However, relying solely on demographic size as a catalyst for economic growth is a misconception that overlooks critical structural challenges. Population Size: An Opportunity, Not a Guarantee While a large population can...

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Lagos Workers Enjoy a 40% Salary Boost, Report Reveals
Significant Increase in Average Salaries for Lagos Workers workers‘ average salary rises by 40% – Report” loading=”lazy” class=”pl” /> According to the latest findings from...

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Business Updates
3 weeks ago3 weeks ago

Significant Increase in Average Salaries for Lagos Workers workers‘ average salary rises by 40% – Report” loading=”lazy” class=”pl” /> According to the latest findings from the Labour Market Information System (LMIS), employees across both the public and private sectors in Lagos have experienced a remarkable 40% growth in their average earnings. This surge reflects a...

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Nigeria’s Oil Production Surges Nearly 10% in July, Reveals NUPRC
Significant Growth in Nigeria’s Oil Production Recorded in July According to the latest data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s...

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Politics Today
3 weeks ago3 weeks ago

Significant Growth in Nigeria’s Oil Production Recorded in July According to the latest data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s crude oil production surged by 9.9% in July 2025 compared to the previous month. This notable increase marks a promising turnaround for Nigeria’s oil sector, which has been grappling with...

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Reps panel summons 11 Discos over ₦2.6trn debt
House of Representatives Panel Calls 11 Electricity Distribution Companies Over ₦2.6 Trillion Debt Following a detailed examination of the 2021 Auditor-General’s report, the Public Accounts...

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Politics Today
3 weeks ago3 weeks ago

House of Representatives Panel Calls 11 Electricity Distribution Companies Over ₦2.6 Trillion Debt Following a detailed examination of the 2021 Auditor-General’s report, the Public Accounts Committee has officially summoned eleven electricity distribution companies (Discos) to address alarming financial discrepancies within Nigeria’s power sector. The report highlighted significant concerns regarding the management of funds, particularly a...

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