Nigerian Naira Ranked Among Worst-Performing Currencies in Sub-Saharan Africa
The Nigerian naira is one of the worst-performing currencies in Sub-Saharan Africa in 2024, according to the World Bank's recent...
FG Inaugurates 7-Man Committee to Renegotiate 2009 ASUU Agreement
The Federal Government has set up a 7-person team to resolve pending issues with university unions, including the Academic Staff...
Lagos Clarifies Ban on Single-Use Plastics, Exempts PET Bottles and Sachet Water
The Lagos State Government has explained its decision to ban single-use plastics and Styrofoam, but it will not include PET...
FG Upgrades Maiduguri Airport to International Status
The Federal Government has officially upgraded the Muhammadu Buhari Airport in Maiduguri, Borno State, to an international airport. Festus Keyamo,...
Nigeria’s Inflation Rate Surges to 32.70% in September 2024
In September 2024, Nigeria's main inflation rate went up to 32.70%, which is a change from the decrease seen in...
Tinubu Govt Plans 25% Tax on Wealthy Nigerians Earning N100m Monthly
The Nigerian government has announced a plan to charge a 25% tax on people who earn N100 million or more...
Fuel Price Hikes Exacerbate Financial Burden on Nigerian Workers
The recent rise in fuel prices has greatly affected Nigerian workers, leading to higher transportation costs and less money for...
Nigerian Stock Market Defies Inflation Concerns, Rallies 0.62%
The Nigerian stock market started the week with a positive performance, showing a 0.62% increase despite worries about rising inflation....
Nigeria’s Economic Reforms: A Leap of Faith or a Recipe for Disaster
As Nigeria starts its newest efforts to improve its economy, I can't help but wonder if this is a real...
Middle East Tensions Weigh on Oil Markets
Oil prices went down after China's Finance Ministry meeting, where they didn't offer new ways to encourage people to buy...
NNPC’s Kyari Exposes Petrol Smuggling Profits Under Subsidy Regime
The CEO of the Nigerian National Petroleum Corporation (NNPC) Limited, Mele Kyari, said that people who illegally transport petrol made...
Nigeria Sees 189% Surge in Foreign Capital from BRICS Countries
Nigeria has seen a big jump in money coming from BRICS countries, which are Brazil, Russia, India, China, and South...
Benin Republic, Togo Owe Nigeria $5.8M in Electricity Debt
The Nigerian Electricity Regulatory Commission (NERC) has reported that Benin Republic and Togo owe Nigeria $5.79 million for the electricity...
Health Workers Issue 15-Day Ultimatum To FG Over Unmet Demands
The Joint Health Sector Unions (JOHESU) and the Assembly of Healthcare Professionals have given the Federal Government 15 days to...
Nigeria’s PoS Transactions Reach N6.23 Trillion in Seven Months
The Nigeria Inter-Bank Settlement System (NIBSS) reports that Point of Sale (PoS) transactions in Nigeria added up to N6.23 trillion...
