Category : Search result: wealth gap


Nigeria's Chichidodo Problem: Defending Corruption

Columnist Folorunso Adisa examines the social cost of defending politically exposed persons like Abubakar Malami and Farouk Ahmed facing EFCC allegations. Explore the impact on justice and public resources.

Apprentice Gets N10m and Shop from Igbo Master

A young man's story of receiving N10 million and a fully-stocked shop after serving his Igbo master in business has ignited online conversations about the Igbo apprenticeship model versus formal education in Nigeria.

Investors Gain N256bn as NGX Rises Before Christmas

The Nigerian equities market closed bullish on Monday, adding N256 billion to investor wealth. The All-Share Index rose 0.26% led by NASCON, BUA Cement, and others. Discover the top gainers and losers.

NSIA's 2025 Review: $3B Assets, Key Projects

Nigeria's Sovereign Wealth Fund, NSIA, surpasses $3 billion in assets in 2025, launching major projects in healthcare, renewable energy, and tech innovation. Read the full review of a year of progress.

Lagos clears roadside markets on Ikotun-Igando Road

Lagos State Government clears roadside traders on Ikotun-Igando Road to reclaim walkways and enforce laws. Commissioner Wahab details the state's waste-to-wealth drive for a sustainable environment.

Lagos Reintroduces Monthly Sanitation to Tackle Waste

Lagos State plans to bring back monthly environmental sanitation to address severe waste management challenges. The state generates up to 15,000 tonnes of waste daily but collects less than a third. Read the full plan.

Naira Rate Gap Widens as Dollar Demand Rises

The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.

Abode Assets Rewards Team with Qatar, Rwanda Training

Abode Assets Limited has concluded an international bootcamp for 16 top associates and customers in Qatar and Rwanda. The program aimed to boost professional skills and global exposure for wealth creation.

MTEF Approved, 2026 Budget Process Begins

The Federal Executive Council has approved the Medium-Term Expenditure Framework, setting the stage for the 2026 budget. Ministers Bagudu and Edun detail plans to manage capital rollovers and address the revenue-expenditure gap.

Nigeria loses $10b annually to post-harvest waste

Nigeria loses an estimated $10 billion yearly due to post-harvest losses, threatening food security. Expert Segun Alabi calls for urgent action on storage, processing, and turning waste into wealth.

Lagos Sets 18-Month Timeline to Close Major Landfills

Lagos State Government announces Olusosun and Soluos dump sites will be decommissioned within 18 months. New waste plants in Badagry, Ikorodu, and Epe to serve as alternatives. Read more about the environmental transformation.

Nigeria's Policy-Trust Gap Among Africa's Widest

New RPI African Policy Index 2025 reveals Nigeria suffers one of Africa's largest trust gaps between policy delivery and citizen confidence. Discover the governance crisis and solutions.

Senate Confronts Nigeria's Health Funding Gap

Senate President Godswill Akpabio warns Nigeria's health funding falls critically short of commitments. The Senate moves to pass key bills, including doubling the Basic Healthcare Provision Fund, to tackle systemic crises.

Nigeria's Richest Kids: Wealth Secrets Exposed

Discover Nigeria's wealthiest children from Dangote, Adenuga, Otedola families with fortunes up to ₦50 billion. Learn how trust funds and business empires create child billionaires.

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