Nigerian economy

Here’s a more engaging version of the title: **”Why It Takes a Nigerian 17 Months to Save Up for the iPhone 17″**
At its “Awe Dropping” event on Tuesday, September 9, Apple introduced its newest devices: the iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max....

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Tech
19 hours ago19 hours ago

At its “Awe Dropping” event on Tuesday, September 9, Apple introduced its newest devices: the iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max. The entry-level iPhone 17 is priced at $799 (₦1.2 million). However, with no official Apple retail outlets in Nigeria, these gadgets will be sold exclusively through third-party vendors, often at...

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Fuel Surcharge Set to Transform Nigeria’s Roads, Announces Tax Reform Chair Oyedele
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, clarified that the suggested fuel surcharge is not intended to impose extra...

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Politics Today
3 days ago3 days ago

Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, clarified that the suggested fuel surcharge is not intended to impose extra financial strain on Nigerians. Instead, its purpose is to generate targeted funds to rehabilitate the country’s deteriorating road infrastructure. He highlighted the poor state of Nigeria’s roads as a significant...

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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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Tinubu Committed to Bold Economic Reforms, Says Shettima
Vice President Kashim Shettima has said President Bola Ahmed Tinubu remains committed to diversifying the Nigerian economy, describing him as a leader with the political...

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Politics Today
1 week ago1 week ago

Vice President Kashim Shettima has said President Bola Ahmed Tinubu remains committed to diversifying the Nigerian economy, describing him as a leader with the political will to take bold decisions. This is just as the Federal Government has mulled a task team to conceptualise and operationalise good architecture in Nigeria to standardise the country’s architectural...

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President Tinubu Declares Nigeria’s Economy Steady and Strong
On Wednesday, September 3, President Bola Tinubu highlighted the positive impact of his administration’s decisive economic reforms, emphasizing that these measures are successfully restoring Nigeria’s...

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Lifestyle
1 week ago1 week ago

On Wednesday, September 3, President Bola Tinubu highlighted the positive impact of his administration’s decisive economic reforms, emphasizing that these measures are successfully restoring Nigeria’s standing on the global stage. He made these remarks at the State House during a meeting with His Imperial Majesty, Oba Ghandi Afolabi Oladunni Olaoye, Orumogege III, the Soun of...

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AMCON Greenlights Abia’s Bold Revival Plan for Star Paper Mills
AMCON Endorses Abia State’s Initiative to Revive Star Paper Mills The Asset Management Corporation of Nigeria (AMCON) has officially authorized Abia State to undertake the...

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Business Updates
2 weeks ago2 weeks ago

AMCON Endorses Abia State’s Initiative to Revive Star Paper Mills The Asset Management Corporation of Nigeria (AMCON) has officially authorized Abia State to undertake the revitalization of the defunct Star Paper Mills. This move marks a significant step towards restoring the once-thriving industrial facility, which has been inactive for several years. Reviving a Key Industrial...

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FG Attributes Naira’s Impressive Rebound to Boost in Oil Revenues, Diaspora Remittances, and FX Backlog Clearance
Factors Driving the Recent Strengthening of the Nigerian Naira Tanimu Yakubu, the Director-General of Nigeria’s Budget Office of the Federation, has attributed the recent appreciation...

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Business Updates
2 weeks ago2 weeks ago

Factors Driving the Recent Strengthening of the Nigerian Naira Tanimu Yakubu, the Director-General of Nigeria’s Budget Office of the Federation, has attributed the recent appreciation of the Nigerian Naira to several key economic drivers. Among these are increased oil revenue inflows, robust remittances from Nigerians living abroad, and the resolution of outstanding foreign exchange obligations....

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FirstBank Breaks ₦1 Trillion Digital Loan Barrier, Ushering in a New Era of Inclusive Lending in Nigeria
FirstBank Surpasses ₦1 Trillion in Digital Loan Disbursements, Ushering a New Chapter in Nigeria’s Financial Inclusion FirstBank has recently celebrated a monumental milestone by disbursing...

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Politics Today
2 weeks ago2 weeks ago

FirstBank Surpasses ₦1 Trillion in Digital Loan Disbursements, Ushering a New Chapter in Nigeria’s Financial Inclusion FirstBank has recently celebrated a monumental milestone by disbursing over ₦1 trillion in digital loans, a feat that underscores its pivotal role in transforming Nigeria’s lending landscape. This achievement is more than a numerical landmark; it signifies a profound...

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OPINION: How Nigeria’s New Tax Law Could Transform the Future of SMEs Beyond Big Business
Transforming Nigeria’s Tax Landscape: A New Dawn for SMEs In June 2025, President Bola Tinubu signed into law four pivotal tax legislations after extensive nationwide...

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Politics Today
2 weeks ago2 weeks ago

Transforming Nigeria’s Tax Landscape: A New Dawn for SMEs In June 2025, President Bola Tinubu signed into law four pivotal tax legislations after extensive nationwide consultations and debates. These reforms come at a critical juncture, addressing longstanding economic challenges since the current administration took office. Overview of the New Tax Legislation The newly enacted laws-the...

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Diaspora Remittances Surge to $600M Monthly, Says CBN Governor Cardoso
diaspora remittances“> Record Growth in Nigeria’s Diaspora Remittances: $600 Million Monthly In a remarkable financial development, Nigeria’s diaspora remittance inflows have skyrocketed by 200% over...

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Lifestyle
2 weeks ago2 weeks ago

diaspora remittances“> Record Growth in Nigeria’s Diaspora Remittances: $600 Million Monthly In a remarkable financial development, Nigeria’s diaspora remittance inflows have skyrocketed by 200% over the last two months, reaching an impressive $600 million each month. This update was shared by Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), during the Delta State-Brazil...

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