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.
Category : Search result: economic strain Nigeria
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.
Anambra Tops Nigeria's Fiscal Performance Ranking 2025
Anambra State emerges as Nigeria's top performer in fiscal transparency and efficiency according to BudgIT's 2025 State of States report, outperforming all 35 other states in financial management.
EFCC Returns Recovered Properties to Fraud Victim in Ibadan
In a major victory against fraud, EFCC recovers properties from a fake spiritualist who scammed a victim of millions and returns them to their rightful owner in dramatic Ibadan handover ceremony.
Dangote's $1B Zimbabwe Industrial Complex Deal
Aliko Dangote announces groundbreaking $1 billion investment in Zimbabwe, featuring industrial complex and refinery expansion to transform Southern Africa's economic landscape.
Foreigners Arraigned Over ₦12B Oil Theft in Lagos
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals before a Lagos court for allegedly stealing crude oil worth ₦12 billion from the country's territorial waters.
House Approves Tinubu's ₦2.35T Loan, ₦500B Sukuk
Nigeria's House of Representatives has approved President Tinubu's massive borrowing plan to fund critical infrastructure projects across the nation, including a landmark Islamic finance initiative.
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.
Economic Saboteurs Threaten Dangote Refinery - NAPS
The National Association of Petroleum and Natural Gas Senior Staff calls for immediate federal intervention to protect Africa's largest refinery from economic saboteurs undermining Nigeria's energy independence.
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.
Cross River Governor Launches Social Investment Programme
Governor Bassey Otu unveils groundbreaking social investment initiative targeting poverty reduction and human capital development in Cross River State, marking strategic shift in governance approach.
Foreigners Face Court Over ₦12B Oil Theft in Nigeria
Nigeria's anti-graft agency EFCC has arraigned three foreign nationals and a vessel for allegedly stealing crude oil worth ₦12 billion. The shocking case reveals sophisticated oil theft operations in Nigerian maritime territory.
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
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.
Nigeria's $1 Trillion Economy Target Now Within Reach
Minister of Industry, Trade and Investment Doris Anite announces Nigeria's ambitious $1 trillion economy target is more achievable than ever, citing recent economic reforms and investor confidence.
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.
N7.6 Trillion Lost to Trade Corridor Extortion Yearly
Shocking investigation reveals sophisticated extortion networks draining Nigeria's economy through ports and trade routes, with devastating impact on businesses and consumers.
US Fed Signals Rate Cuts: Impact on Nigeria's Economy
The US Federal Reserve is preparing for interest rate reductions in its final 2024 meeting, setting the stage for economic shifts that could impact Nigeria's markets and inflation trends in 2025.
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.
Nigeria Needs Supportive Regulators for Treasury Excellence
Financial experts reveal how supportive regulators could transform Nigeria's treasury management landscape, driving economic growth and attracting crucial investments.
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.
21 Nigerian States Rely on FAAC for 70%+ Revenue
New fiscal data reveals alarming dependency on FAAC allocations across 21 Nigerian states, raising concerns about economic sustainability and governance.
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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