Nigeria: Africa's New Oil Trading Powerhouse Emerges
Nigeria is rapidly transforming into Africa's premier oil trading hub, positioning itself as the continent's next major growth frontier in global energy markets.
Category : Search result: economic crisis Nigeria
Dollar Ticket Sales Cripple Nigeria's Travel Economy
Travel agencies sound alarm as foreign airlines' dollar-denominated ticket sales drain local economy and threaten industry survival. Exclusive investigation reveals the devastating impact.
US Government Shutdown: 30 Days, Food Aid Crisis Looms
As the U.S. government shutdown reaches one month, critical food assistance programs face suspension, threatening millions of vulnerable Americans with hunger and financial instability.
Africa Must Scale Energy Supply Quickly: Transcorp President
Transcorp President Owen Omogiafo calls for urgent expansion of Africa's energy supply at FII9 Summit, highlighting the critical link between reliable power and continental development.
SWDC Plans to Transform Southwest Nigeria into Trade Hub
The Southwest Development Commission reveals comprehensive strategy to transform Nigeria's southwest region into Africa's next economic powerhouse through infrastructure, agriculture, and technology investments.
US Economy Goes Dark as Government Shutdown Blocks Data
America's economic pulse becomes impossible to monitor as federal agencies halt data releases during government shutdown, leaving investors and policymakers flying blind.
Nigeria's Economy Improving, Nearing Stability - IWG
Nigeria's economic outlook shows promising signs of improvement as the Inflation Working Group manager confirms the economy is approaching stability with reduced inflation and strengthened Naira.
Xi-Trump Talks: Nigeria Economy Impact Analysis
Recent phone discussions between Chinese President Xi Jinping and former US President Donald Trump generate hopeful signals for China-Africa trade partnerships, with Nigerian economists watching closely for potential benefits.
Tinubu Cuts Fuel Import Duties - Price Impact
In a major economic move, President Bola Tinubu has approved a 15% import duty reduction on petroleum products. Discover how this decision could affect fuel prices across Nigeria.
Tinubu Slashes Petrol Import Duty to 15%
In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost economic activities across Nigeria.
Nigeria Reps Approve Tinubu's $2.34B Loan Request
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini
South-West Governors, Monarchs Forge New Regional Path in Ondo
Key stakeholders from Nigeria's South-West region gather in Ondo State to strategize on economic growth, security enhancement, and regional cooperation for sustainable development.
Poland's $1.1B Africa Investment Drive Launched
Poland launches ambitious $1.1 billion investment initiative targeting African markets, with Nigeria positioned as key beneficiary. Strategic partnerships planned across multiple sectors.
US Government Shutdown Threatens Economic Data Blackout
The potential US government shutdown threatens to halt crucial economic data releases, leaving investors and policymakers in the dark during economic uncertainty. Federal agencies prepare for closure as Congress struggles to reach funding agreement.
Nigeria Manufacturers Face 51% Forex Shortage Crisis
MAN reveals only 49% of manufacturers' forex needs are met, threatening production and economic growth despite positive 4% sector outlook for 2024.
Milei's Economic Shock Therapy: Tax & Labour Reforms
Argentina's President Javier Milei unveils sweeping economic reforms targeting taxes, labour laws, and pensions in bold bid to rescue nation from crisis.
Nigeria's Political Crises: 5 Urgent Issues
From electoral reforms to economic instability, discover the pressing political crises threatening Nigeria's democracy and what must be done to address them urgently.
Nigeria Stroke Crisis: Experts Sound Alarm
Medical specialists across Nigeria are raising urgent concerns as stroke cases surge nationwide. Discover the warning signs, risk factors, and prevention strategies to protect yourself and loved ones from this growing health crisis.
Care Work Becomes Nigeria's Economic Engine for Women
Discover how Global Health Services is transforming care work into a thriving economic sector for Nigerian women, creating jobs and boosting local economies through innovative training programs.
Care Work: Nigeria's New Economic Engine for Women
Discover how Nigeria's care economy is transforming women's economic participation and creating sustainable livelihoods across the nation.
FIRS Deepens Stakeholder Collaboration on Tax Reforms
Federal Inland Revenue Service intensifies collaboration with key stakeholders to drive comprehensive tax reforms, enhance revenue generation and boost economic development across Nigeria.
Nigeria Must Scale Production to Compete Globally
Groundbreaking analysis shows Nigerian producers must embrace mass production to compete internationally. Discover the strategic roadmap for economic transformation.
EU & FG Host Manufacturing Investment Forum in Nigeria
European Union partners with Federal Government to launch transformative investment forum targeting Nigeria's manufacturing sector, renewable energy, and emerging technologies.
Agribusiness Revolution: Nigeria's Economic Recovery Blueprint
Federal lawmaker Hon. Eta Mbora reveals how strategic investment in agriculture can transform Nigeria's economy, create millions of jobs, and ensure food security for the nation.
FG Expands ₦75,000 Cash Transfer to 75M Nigerians
Federal Government intensifies poverty alleviation efforts, extending cash transfers to 75 million Nigerians facing economic challenges. New payment structure and expanded beneficiaries announced.
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.
Sanusi: Delayed Subsidy Removal Caused Economic Crisis
Former CBN Governor Lamido Sanusi exposes how postponed fuel subsidy elimination triggered Nigeria's current economic hardship during Kaduna book launch.
Boko Haram Forced Jonathan to Keep Fuel Subsidy - Sanusi
Former CBN Governor Sanusi Lamido Sanusi reveals how Boko Haram insurgency compelled President Goodluck Jonathan to reverse fuel subsidy removal in 2012, exposing the intricate link between terrorism and economic policy in Nigeria.
Nigerian Cartoonist Skewers Soaring Inflation
A viral cartoon from a Nigerian artist delivers a sharp critique of the country's escalating cost of living, using powerful imagery to depict the struggle of ordinary citizens.
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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