Economy, oil & gas, real estate, monetary policy, and enterprise.
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Experts argue that reintroducing fuel subsidies in Nigeria would exacerbate existing economic challenges rather than alleviate them. The call for sustainable economic reform emphasizes the importance of domestic refining and reducing fiscal burdens.
The Association of Local Governments of Nigeria (ALGON) has pledged N36 million to support the revival of a 55-year-old newspaper, underscoring the importance of preserving journalistic heritage. Chairman Yibala Inyang made the announcement during a visit to the remodeled newspaper corporation in Calabar.
The Nigerian economy's annualized growth rate of 4.43% in the second quarter of 2026 highlights a significant gap between governmental ambitions and economic reality. Analysts argue that this growth is insufficient for the high-productivity trajectory needed for sustainable development.
The Nigerian Ports Authority has reported a notable increase in cargo throughput for the second quarter of 2026, attributing this growth to recent reforms in the maritime sector. Key performance indicators indicate a robust recovery and enhanced competitiveness of Nigeria's seaports.
The Federal Competition and Consumer Protection Commission (FCCPC) has initiated a probe into Uber's abrupt withdrawal from the Nigerian market, focusing on the company's obligations to its customers. This investigation follows Uber's announcement of its exit, which has opened doors for rival ride-hailing services to expand in Nigeria.
The Alliance for Economic Research and Ethics highlights the Tinubu administration's efforts in stabilizing Nigeria's economy through significant reforms, including the removal of the petrol subsidy. While these measures have caused temporary hardship, they are seen as necessary steps towards a more resilient economic framework.
The federal government's domestic borrowings have skyrocketed by 90.5% to N24.7 trillion in just eight months, raising concerns about the impact on businesses and the economy. This surge reflects a troubling trend of increased government credit at the expense of private sector growth.
After two decades of stagnation, the Nigerian government is set to facilitate access to the Cabotage Vessel Financing Fund, promising to spur job creation and bolster the maritime sector. Minister Adegboyega Oyetola has urged lenders to expedite the processing of applications, with the goal of supporting local shipowners in acquiring modern vessels.
Dr. Adedeji emphasizes the importance of a better taxpayer experience as the ultimate measure of success in Nigeria's tax reform during the 160th Joint Revenue Board meeting in Kaduna. He highlighted the positive strides made in the institutional reform of the tax ecosystem.
