“It’s terrible” – Adichie speaks on worsening living conditions in Nigeria
Renowned Nigerian author Chimamanda Adichie has expressed deep concern over the severe economic hardship in Nigeria. She stated that the…
Category: Economy
Latest Nigeria economy news and analysis on inflation, naira exchange rate, fuel prices, business trends, and government policies. Follow real-time updates on Nigeria’s economic growth, cost of living, trade, and financial markets
Aiyedatiwa reaffirms support for small businesses as Ondo sets to host national MSME Summit
Ondo State Governor, Lucky Aiyedatiwa, has reiterated his administration’s commitment to supporting small and medium-scale enterprises (SMEs), pledging to provide…
Pat Utomi slams FG’s revenue focus
Professor of Political Economy, Pat Utomi, has criticised the federal government’s economic direction, saying its relentless push for revenue is…
Port Harcourt refinery not for sale, confirms NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reaffirmed its commitment to completing the rehabilitation of the Port Harcourt…
Dangote Refinery drops N100bn lawsuit against NMDPRA, NNPC, oil marketers
Dangote Petroleum Refinery and Petrochemicals has formally withdrawn its legal case against the Nigerian Midstream and Downstream Petroleum Regulatory Authority…
“It’s time to end fiscal indiscipline” – Obi condemns Senate’s new loan approval
The Labour Party’s 2023 presidential candidate, Peter Obi, has voiced concerns over Nigeria’s escalating debt levels and deepening poverty. In…
Nigeria to sign green legacy MoU, host Africa’s first South-South technology centre
The Federal Government of Nigeria is set to sign a Memorandum of Understanding (MoU) with an international consortium comprising Dalberg…
Nigeria, global leaders urge collective action against food insecurity at UN Summit
Nigeria, alongside other African nations and the United Nations, has issued a forceful call for unified action and resolute determination…
New Nigeria tax Act exempts baby products, electricity, EVs, others from VAT
President Bola Tinubu has signed the Nigeria Tax Act into law, exempting several goods and services from the 7.5% value-added…
Oyedele: Delay in tax reforms cost Nigeria $1trn economy status
Nigeria could have attained a $1 trillion economy if the nation had embraced its current fiscal and tax reform agenda…