Edo Assembly Approves Consultant for Recovery of Funds from Federal Government
The Edo State House of Assembly has granted Governor Monday Okpebholo’s request to hire a consultant to recover funds...
NigeriaEconomy
Reps Demand Immediate Reversal of 50% Telecom Tariff Hike Amid National Outrage
The House of Representatives has ordered the immediate suspension of the newly implemented 50% increase in telecom tariffs, citing...
Buhari Asserts Economic and Security Gains During His Tenure Amid Rising Inflation
Former President Muhammadu Buhari has declared that Nigeria’s economy and security improved significantly during his administration from 2015 to...
NLC Calls on Nigerians to Reject 50% Telecom Tariff Hike, Labels It an Unbearable Burden
The Nigeria Labour Congress (NLC) has urged Nigerians to reject the Federal Government’s approval of a 50% hike in...
Trump’s Policies Could Deepen Nigeria’s Economic Woes, Impact Health Sector – Economist Oyedokun
Donald Trump’s second term as the 47th President of the United States could spell economic and health challenges for...
Trump’s Oil Drilling Push May Lower Fuel Prices But Hurt Naira, Warns CPPE
Donald Trump’s vow to restart oil drilling in the U.S. could send ripple effects through Nigeria’s economy, warns the...
Emir Sanusi Declines to Assist Tinubu’s Government, Criticizes Economic Policies
The Emir of Kano, Muhammadu Sanusi II, has publicly expressed his unwillingness to assist President Bola Tinubu’s administration in...
CBN Fines Nine Banks N1.35bn Over Cash Scarcity in ATMs During Festive Season
The Central Bank of Nigeria (CBN) has penalized nine Deposit Money Banks a total of N1.35 billion for failing...
Border Closure a Farce Amid Rampant Cross-Border Smuggling – NASS
Nigeria’s National Assembly has criticized the effectiveness of the country’s border closure policy, citing rampant cross-border banditry and smuggling...
Nigeria’s Economy Expands by 3.46% in Q3 2024 Amid Falling Inflation and Oil Sector Gains
Nigeria’s economy grew by 3.46% in the third quarter of 2024, with total output reaching ₦20.115 trillion, up from...
Dangote Refinery Cuts Petrol Price to ₦899.50 Per Litre, Introduces Holiday Incentives
Dangote Petroleum Refinery has announced a new reduction in the ex-depot price of premium motor spirit (PMS), bringing the...
Tinubu Unveils N47.96 Trillion 2025 Budget, Targets Prosperity and Economic Growth
President Bola Tinubu on Wednesday presented a N47.96 trillion national budget for 2025 to a joint session of the...
Nigeria’s Inflation Rate Soars to 34.60% in November, Deepening Economic Hardship
Nigeria’s inflation rate surged to 34.60% in November 2024, up from 33.88% in October, signaling heightened economic hardship for...
Sowunmi Blames Tinubu’s Appointments for Pushback Against Tax Reform Bills
Segun Sowunmi, a chieftain of the Peoples Democratic Party (PDP), has criticized President Bola Tinubu’s administration for the widespread...
Naira Gains N127 Against Dollar as External Reserves Hit $40bn, CBN Intervenes
The Centre for Promotion of Private Enterprise (CPPE) has attributed the recent massive appreciation of the Naira against the...
Tinubu’s Foreign Travels Yield Practical Gains, Unlike Past Administrations – Shehu Sani
Former Senator Shehu Sani has lauded President Bola Tinubu’s international trips, describing them as impactful and economically beneficial compared...