Nigeria economy

Akwa Ibom Shifts Gears: From Oil to Thriving Agricultural Exports
In a strategic move to broaden its economic base, the Akwa Ibom State government is focusing on leveraging non-oil sectors such as cocoa, maritime activities,...

View Full Post

Politics Today
2 weeks ago2 weeks ago

In a strategic move to broaden its economic base, the Akwa Ibom State government is focusing on leveraging non-oil sectors such as cocoa, maritime activities, and agricultural produce for export expansion. During a recent discussion with the press, Capt. Iniobong Ekong (rtd), the newly appointed Commissioner for Trade and Investment, emphasized the urgency of revitalizing...

0
Group Warns Labour Unions to Brace for Impact of Tinubu’s Landmark Economic Reforms
The National Solidarity Movement (TNSM) has voiced apprehension regarding the potential negative impact of certain labour unions‘ actions amid the ongoing conflict between the Petroleum...

View Full Post

Politics Today
3 weeks ago3 weeks ago

The National Solidarity Movement (TNSM) has voiced apprehension regarding the potential negative impact of certain labour unions‘ actions amid the ongoing conflict between the Petroleum Tanker Drivers (PTD) and the Dangote Group, cautioning that such disputes could derail President Bola Ahmed Tinubu’s economic reform initiatives. TNSM highlighted that the unions’ threat to initiate a nationwide...

0
Tinubu’s Economic Adviser Fires Back at Atiku: “Inflation Can’t Keep Rising Forever
Tope Fasua, Special Adviser on Economic Affairs to President Bola Tinubu (Office of the Vice President), has come to the defense of the federal government’s...

View Full Post

Politics Today
3 weeks ago3 weeks ago

Tope Fasua, Special Adviser on Economic Affairs to President Bola Tinubu (Office of the Vice President), has come to the defense of the federal government’s economic management, dismissing criticisms from former Vice President Atiku Abubakar in light of the recent inflation data released by the National Bureau of Statistics (NBS). Fasua characterized Atiku’s comments as...

0
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,...

View Full Post

Politics Today
3 weeks ago3 weeks 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,...

0
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...

View Full Post

Politics Today
4 weeks ago4 weeks 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...

0
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...

View Full Post

Politics Today
4 weeks ago4 weeks 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...

0
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...

View Full Post

Business Updates
1 month ago1 month 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...

0
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...

View Full Post

Business Updates
1 month ago1 month 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...

0
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...

View Full Post

Politics Today
1 month ago1 month 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...

0
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...

View Full Post

Politics Today
2 months ago2 months 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...

0