February 12
Nigeria: Disincentives of Rise in Import Duty
It is commonplace to observe that Nigerians are facing a grim reality of rising costs of food and other essential commodities amid poor purchasing power and fast dwindling economy. Read more »
Nigeria: Access Holdings - How Wigwe's Successor Will Emerge
Following the death of group managing director and chief executive of Access Holdings, the former Nigerian minister of Finance and current director general of the World Trade… Read more »
February 11
Nigeria: Minimum Wage - What Is in It for Workers As Negotiations Begin?
It is no longer news that the take home of the average Nigerian worker can no longer take him or her home. Read more »
February 10
Nigeria: Katsina Governor Sets Up Taskforce on Food Prices
The governor of Katsina State, Malamm Dikko Umaru Radda, yesterday convened an expanded emergency security meeting on the rising food prices in the state and resolved to set up a… Read more »
Nigeria: Law Bars Central Bank From Advancing More Loans to Govt - Cardoso
The Central Bank of Nigeria has said it can no longer advance loans to the federal government through the Ways and Means as Section 38 of the CBN Act (2007) bars it from doing so… Read more »
February 07
Nigeria: Nigeria Spent $40bn On Education, Medical Tourism in 10 Years - Cardoso
The Central Bank of Nigeria (CBN) has blamed the free-fall of the naira on the huge sum of $40 billion spent by Nigerians on foreign education and medical tourism in the last 10… Read more »
February 05
Nigeria: Women Protest in Streets Over Hunger, Cost of Living
Some women, on Monday morning, took to the street and blocked the Kpagungu axis of Minna-Bida Road in the Niger State capital city, protesting against hunger and high cost of… Read more »
Nigeria: Naira - Comedy Inside a Tragedy
On Sunday, August 15, 1971, the United States economy was literally facing a firing squad. The Dollar was in a mess. Price gougers were everywhere and foreign exchange was cruel to… Read more »
Nigeria: Declare State of Emergency in Export Sector, Govt Urged
In a plea for immediate attention to the challenges facing Nigeria's export sector, Drekz Analytics Limited's CEO, Abdullahi Olawale, has urged the federal government to declare a… Read more »
February 03
Nigeria: By-Elections - Parties Face Voters Amid Economic Hardship
The Independent National Electoral Commission (INEC) is conducting re-run and bye-elections for some national and state legislative seats across 26 states of the federation today. Read more »
February 02
Nigeria: CBN's Takeover of Sales Proceeds From NNPCL Illegal - Atiku
Former vice president Atiku Abubakar has said the directive by the federal government for the Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales… Read more »
January 31
Nigeria: What Will It Take for Nigeria to Work?
Nigerians want a country that works and truly delivers on the dividends of democracy rather than an illusion that remains as promises every electoral cycle. While we are not… Read more »
Nigeria: Labour Tasks Govt On Creation of Viable Environment for Good Governance
As organised labour meets with federal government over upward review of New National Minimum Wage, the leadership of the two Labour centres, Trade Union Congress (TUC) and Nigeria… Read more »
Nigeria: Committee Asked to Give Nigerian Workers Living Wage
President Bola Tinubu has stated that the new national minimum wage should be grounded in principles of social justice and equity. Read more »
Nigeria: IMF Downgrades Nigeria's Growth, Forecasts 23% Inflation
The International Monetary Fund (IMF) has revised downwards its growth projections for Nigeria for 2024 to 3.0 per cent from 3.1 per cent which it earlier projected even as it… Read more »
January 26
Nigeria: Govt, Labour, Others Disagree On Economic Policies
The organised labour, the federal government and other concerned stakeholders have sharply disagreed on the consequences of the economic policies of President Bola Tinubu's… Read more »
January 24
Nigeria: As Nigeria's Economy Leverages Increased Recurrent Spending
With the federal government planning to spend almost N10 trillion on recurrent expenditure out of the N28.7 trillion 2024 budget, analysts have said the increased spending will… Read more »
Nigeria: CBN Hinges Planned Interest Rate Easing On 21.4 Percent Inflation Target
Ahead of its first Monetary Policy Committee (MPC) meeting slated for next month, the Central Bank of Nigeria (CBN) has said, once it achieves its 2024 inflation target of 21.4 per… Read more »
Nigeria: Aviation Minister Seeks Aircraft Manufacturing Partnership for Nigeria
The Minister of Aviation and Aerospace Development has visited Magnus Aircraft Group in Hungary to seek collaboration on building an aircraft manufacturing and assemblage capacity… Read more »
Nigeria: Nigeria Must Fix Corruption, Investment Issues - Blinken
United States Secretary of State, Anthony Blinken, on Tuesday, pressed Nigeria to tackle barriers like corruption and difficulty repatriating profits that have dampened the… Read more »
January 18
Nigeria: Budget Minister Urges 36 States to Access World Bank-Supported Covid-19 Funds
Minister of budget and economic planning Atiku Bagudu has urged 36 states of the federation and the Federal Capital Territory to hasten efforts in accessing the balance of the $750… Read more »
Nigeria: Sanwo-Olu Is Putting a Lot of Resources, Attention to Secure Lagos - Omotoso
Governor Babajide Sanwo-Olu in his second term in office has continued with his developmental strides in Lagos State. In this interview, the Lagos State Commissioner for… Read more »
Nigeria: Naira Redesign Contributed to 'Clean Election' - Buhari
Former President Muhammadu Buhari has strongly defended the redesign of the Naira by the Central Bank of Nigeria ahead of the 2023 general elections, stating that the policy… Read more »
January 17
Nigeria: Wale Tinubu Lauds Dangote Over Refinery
The group chief executive, Oando Group, Adewale Tinubu has congratulated Aliko Dangote, President of Dangote Group over the commencement of production at Dangote Refinery. Read more »
Nigeria: Tin-Can Customs Generates U.S.$786 Millon, Gets U.S.$1 Billion Revenue Target
The Tin-Can Island command of the Nigeria Customs Service (NCS), on Tuesday, announced that it generated a whooping N716 billion from goods imported into the country in 2023. Read more »