Nigeria Set to Adopt Islamic Finance Reporting Standards to Boost Transparency and Growth
The Financial Reporting Council of Nigeria (FRC) has announced plans to integrate Islamic Finance Services into the country’s financial...
NigeriaEconomy
Rice Prices Crash in Lagos Markets, Traders Count Losses Despite Shoppers’ Relief
Rice prices have dropped sharply across major Lagos markets, sparking mixed reactions among traders and consumers. A market survey...
Most Nigerians Earn Below ₦90,000 Monthly — Expert Backs World Bank’s Grim Report on Poverty
A respected Nigerian economist, Dr. Tijjani Ahmad, has affirmed the World Bank’s latest report that over 100 million Nigerians...
Dollar to Naira Exchange Rate Today, October 7, 2025: Naira Strengthens as FX Liquidity Improves
The naira showed renewed strength on Tuesday, October 7, 2025, trading in the mid-₦1,400 range across both official and...
Fresh Shock: FG to Introduce 5% Petrol Consumption Tax from January 2026
Nigerians will begin paying a fresh 5% levy on petrol purchases starting January 1, 2026, after the Federal Government...
Okonjo-Iweala Tells Tinubu: Grow the Economy and Protect the Poor — The Two Urgent Steps Nigeria Needs Now
World Trade Organisation Director-General and former Nigerian finance minister, Dr. Ngozi Okonjo-Iweala, has outlined two urgent priorities for President...
Trump’s Tariff Tsunami Triggers Emergency Economic Talks in Nigeria as Naira Crashes Further
President Bola Tinubu’s Economic Management Team (EMT) is preparing for a high-level review of the 2025 budget after fresh...
“I Backed Tinubu, But Nigerians Are Suffering” – Cynthia Morgan Cries Out Over Economic Hardship
Nigerian singer Cynthia Morgan, now known as Madrina, has made an emotional appeal to President Bola Ahmed Tinubu, urging...
“₦6k for a Crate of Eggs? Are These Imported Chickens?” – Mercy Johnson Decries Soaring Prices
Nollywood actress Mercy Johnson-Okojie has expressed shock over the skyrocketing price of eggs in Nigeria, questioning whether the chickens...
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...
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...