Category : Search result: Nigerian economy sectors


Nigeria Reps Approve Tinubu Loan, Boost EFCC Powers

In a landmark parliamentary session, Nigeria's House of Representatives has greenlit President Tinubu's $2.34 billion loan while empowering the EFCC with unprecedented authority to confiscate assets without criminal convictions, sparking mixed reactions a

GTCO Records ₦900.8 Billion Profit in Q3 2024

Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.

ECB Holds Rates Steady Amid Inflation Concerns

European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.

Senate Approves Tinubu's Loan Request - Details

Nigeria's Senate has granted approval for President Bola Tinubu's loan request, marking a significant development in the country's economic strategy. Discover the full details and implications of this crucial decision.

Nigeria Debt Crisis: Citizens Owe ₦100,000+ Each

Shocking new data reveals Nigerian states' debt burden has skyrocketed, with Lagos and Edo citizens bearing the heaviest load. Discover how this affects everyday Nigerians and what it means for the economy.

Naira Surges: Dollar Crashes to 2025 Low

BREAKING: Nigerian Naira stages dramatic recovery against US Dollar in forex markets. Expert analysis reveals what's driving this unexpected turnaround and what it means for your money.

UK removes tariffs on 3000 Nigerian products

In a major trade policy shift, the United Kingdom has eliminated tariffs on approximately 3000 Nigerian export products while Nigeria implements reciprocal import restrictions against the United States, signaling a significant realignment of international

Equinor's $251M Loss: Nigerian Oil Prices Plunge

Norwegian energy giant Equinor reports staggering $251 million quarterly loss as Nigerian crude prices tumble amid global market volatility. Discover how this impacts Africa's largest oil producer.

Belgium's Record Potato Harvest Boosts Nigerian Fry Quality

Belgium celebrates its largest potato harvest ever, promising better quality and more affordable fries for Nigerian consumers and businesses. Discover how this European farming success impacts West Africa's favorite snack.

Nigeria's $1 Trillion Economy Target Achievable - Bagudu

Nigeria's Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has expressed strong confidence that the country can achieve its ambitious $1 trillion economy target by 2030 through strategic reforms and economic diversification.

NGX Loses N91bn as Investors Cash Out

The Nigerian Exchange witnessed significant profit-taking activities this week, resulting in a staggering N91 billion decline in market capitalization amid mixed trading sessions.

Court Freezes Nestoil Assets in $1B Debt Case

Federal High Court issues Mareva injunction against Nestoil, freezing company assets amid explosive $1 billion debt case with Sahara Energy. Legal battle reveals corporate financial tensions.

Nigeria Aims for $1 Trillion Economy by 2030

Nigeria's Minister of Budget and Economic Planning, Abubakar Bagudu, has unveiled an ambitious roadmap to transform the nation into a $1 trillion economy by 2030 during high-level talks with European Union ambassadors in Abuja.

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