Backlash Trails FG Rice Distribution as Critics Mock Tinubu Adviser’s Defence of Palliatives
Fresh controversy has broken out online after presidential adviser Abdullahi Yakasai defended the Federal Government’s distribution of rice and...
nigeria economy
Nigeria’s Debt Service Jumps to N16.26tn in 2025 as Fiscal Pressure Deepens Under Tinubu
Nigeria’s debt service burden is rising at a pace that’s becoming hard to ignore, with fresh data showing a...
Presidency Insists Wale Edun Resigned Voluntarily Over Health as Exit Details Emerge
Fresh details have emerged around the exit of Wale Edun, with the Presidency firmly rejecting claims of dismissal and...
Tinubu Sacks Wale Edun as Finance Minister, Appoints Taiwo Oyedele in Surprise Cabinet Shake-Up
Nigeria’s economic leadership took a dramatic turn Tuesday evening as President Bola Tinubu removed Wale Edun as Minister of...
Tinubu Approves $75m Government Investment in Flutterwave as Nigeria Targets Bigger Tech Stake
Nigeria is moving deeper into its tech investment push after President Bola Ahmed Tinubu approved a $75 million government-backed...
Iran Recloses Strait of Hormuz, Shatters Hopes of Petrol Price Drop in Nigeria
Fresh uncertainty in global oil supply has dealt a blow to expectations of cheaper fuel in Nigeria after Iran...
FCCPC Tightens Digital Lending Rules as MTN Suspends Xtratime Service Ahead of 2026 Compliance Deadline
Nigeria’s fast-growing digital credit sector is undergoing a major regulatory shake-up following new rules introduced by the Federal Competition...
Nigeria’s Economy Projected to Outpace US, UK and Germany in 2026 Growth Forecast – Bwala Cites IMF Report
The Presidency says Nigeria is on a stronger economic growth path than several major advanced economies, following fresh projections...
Nigeria Poverty Rate Surges to 63% in 2025 Despite Falling Inflation, World Bank Warns of Deepening Crisis
Nigeria’s poverty crisis has deepened sharply, with the poverty rate rising to 63 per cent in 2025 even as...
TUC Warns Petrol Price May Hit ₦2,000/Litre, Proposes Emergency Subsidy on Crude Feedstock
The Trade Union Congress (TUC) has warned that the price of Premium Motor Spirit (PMS) could rise to as...
Dangote Refinery Slashes Diesel Price by N200 as Global Oil Tensions Threaten Fresh Volatility
Nigeria’s fuel market has received a short-term boost after Dangote Petroleum Refinery cut its diesel price, offering relief to...
Zenith Bank Posts ₦1.04 Trillion Profit, Strengthens Position as Nigeria’s Most Profitable Bank
Zenith Bank Plc has once again delivered a standout performance, posting a ₦1.04 trillion profit after tax for the...
Nigerian Naira Holds Steady Against Dollar Amid Early April FX Trading
The Nigerian Naira maintained relative stability against the United States Dollar in early trading on Tuesday, April 7, 2026,...
Fuel Price Surge Pushes Nigerians to the Brink as Transport Costs Soar Nationwide
Nigeria’s rising fuel prices are no longer just an economic issue—they’ve become a daily survival challenge, squeezing incomes and...
Afreximbank Leads $2.5bn Loan to Boost Dangote Refinery Expansion
African Export-Import Bank (Afreximbank) has underwritten $2.5 billion of a $4 billion senior syndicated term loan for Dangote Petroleum...
Tinubu’s Economic Reforms Stabilising Nigeria, Says Minister of Information
The Minister of Information and National Orientation, Alhaji Mohammed Idris, says President Bola Tinubu’s economic reforms are stabilising Nigeria’s...