As Nigerians continue to struggle with inflation and a rising cost of living, the political scene is getting hotter ahead of the 2027 presidential election. President Bola Ahmed Tinubu, who …
EconomyGOVERNMENTNigeriaPolitics
Category:
Economy
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BusinessBusiness PoliciesEconomyFinance & ServicesGOVERNMENTMarketsPolicies
Despite Economic Hardship, Nigeria’s Capital Market Remains Strong Under Tinubu — Amolegbe
The Managing Director and Chief Executive Officer of Arthur Stevens Asset Management Limited, Olatunde Amolegbe, has said that Nigeria’s capital market has been one of the few bright spots in …
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AFRICA NEWSBusinessEconomyEnergyNewsOil & GasTrade and Commerce
Dangote Refinery Cuts Nigeria’s Fuel Imports, South Africa Becomes Africa’s Biggest Petroleum Product Importer
Nigeria has lost its position as Africa’s largest importer of refined petroleum products after the Dangote Petrochemical Refinery ramped up operations earlier this year. According to a new report by …
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DevelopmentEconomyEducationGOVERNMENTInfrastructurePolitics
Delta State Records 90% Surge in Internally Generated Revenue as Governor Oborevwori Boosts Public Service and Infrastructure
Governor Sheriff Oborevwori of Delta State has announced a remarkable boost in the state’s Internally Generated Revenue (IGR), which surged from N83 billion in 2023 to N158 billion in 2024. …
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EconomyEnergyNewsNigeriaOil & GasPoliciesSecurity
Bayelsa Host Communities Threaten Shutdown Over Security Vessel Contract Dispute with NNPC Subsidiary
Tension is rising again in Bayelsa State’s coastal oil-producing areas, as eight host communities have issued a seven-day ultimatum to NNPC Exploration and Production Limited (NEPL) over disputes surrounding the …
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EconomyEnvironmentGOVERNMENTLabourNigeria
Lagos Government Pays Over N70bn Pension to Nearly 21,000 Retirees in Six Years
The Lagos State Government has announced that it has disbursed a total sum of ₦70.19 billion as accrued pension rights to 20,956 retirees across various government sectors since the beginning …
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BusinessBusiness PoliciesEconomyGOVERNMENTInfrastructurePolicies
FG’s Series VII Sovereign Sukuk Records ₦2.21tn Oversubscription, Shows Growing Investor Confidence
The Federal Government of Nigeria has recorded massive investor interest in its latest Sovereign Sukuk, with the Series VII attracting over ₦2.21 trillion in subscriptions. This figure, announced by the …
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BusinessEconomyFood ProductionManufacturing & Consumer GoodsMarketsNigeriaProduct ReviewWestern Africa
A Review of Top 5 Nigerian Rice Brands Challenging Foreign Imports
These emerging indigenous rice brands are not merely competing; they are setting new standards, offering a superior blend of freshness, flavor, and authenticity that increasingly outshines their imported rivals. This …
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EconomyFinance & ServicesMarketsNigeriaPolicies
CBN Launches Three New Tools to Support Islamic Finance in Nigeria
The Central Bank of Nigeria (CBN) has introduced three new financial instruments aimed at deepening the country’s non-interest financial market and helping Islamic finance institutions manage liquidity better. This move …
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AfricaDevelopmentEconomyGOVERNMENTInfrastructureInternational RelationsNigeria
PMI Warns African Governments to Improve Project Delivery as US Cuts $555m from African Development Fund
The Project Management Institute (PMI) has called on African governments, including Nigeria, to prioritise efficient project execution in response to a $555 million reduction in United States contributions to the …