Found 171 results for “Economy”
The Nigerian National Petroleum Corporation (NNPC) has released its annual financial report for 2025, raising critical discussions about the implications of fuel subsidy accounting. Experts emphasize the importance of transparency and accuracy in financial reporting, particularly as the country navigates economic challenges tied to fuel subsidies.
Vice President Kashim Shettima has inaugurated a significant business support initiative aimed at empowering over 40,000 women in Katsina. The local government has also committed an additional N4 billion to bolster the Nigeria for Women Programme Scale-Up.
Vice President Kashim Shettima has provided insights into President Bola Tinubu's governance during his four-week overseas trip, emphasizing ongoing efforts to mitigate economic hardships faced by Nigerians. Shettima reassured citizens that the administration is actively implementing strategies to alleviate financial struggles.
In response to a tragic boat accident in Benue State, the local government has arrested the boat driver and suspended the maritime workers' union at the Buruku crossing point. The measures aim to enhance safety and accountability on state waterways as search operations continue for missing passengers.
Vice President Kashim Shettima has praised President Bola Tinubu's economic reforms, asserting that Nigeria was on the brink of collapse prior to significant policy shifts, including the removal of fuel subsidies. Shettima urges Nigerians to support these changes, which he believes are essential for national recovery.
In a nationwide warning strike, Nigerian workers are pushing for a new minimum wage and salary increases while an economist warns that the proposed N500,000 wage is unrealistic given current economic conditions. The strike highlights ongoing tensions between labor demands and economic realities in Nigeria.
Nigeria's business activity shows signs of expansion, even as household confidence diminishes, according to the Central Bank of Nigeria. The latest data reveals a slight easing in headline inflation, indicating shifting economic dynamics.
Renowned actor Olu Jacobs was laid to rest in Lagos, marking the end of an era in Nollywood after a distinguished career spanning over five decades. The emotional funeral service was attended by family, friends, and industry colleagues, all celebrating his legacy and profound impact on the arts.
In a bid to garner support ahead of the elections, a gubernatorial candidate in Gombe has initiated a one-day fuel distribution program for motorcycle and tricycle operators. The initiative took place at selected filling stations in the metropolis, demonstrating the candidate's commitment to addressing the needs of local transporters.
The Nigerian gas sector has seen a remarkable transformation, with investments exceeding ₦1.6 trillion and the approval of ₦671 billion in Final Investment Decisions (FIDs). This strategic growth has resulted in a robust portfolio of 31 projects, enhancing the country's energy infrastructure significantly.
As the Northern Sea Route opens up new shipping lanes, African ports face potential sidelining; however, this shift in global trade patterns could also present unique opportunities for the continent. Strengthening maritime and logistics networks will be crucial for Africa to adapt and thrive in this evolving landscape.
As Nigeria's shortlet and furnished-apartment market expands, the bigger challenge is no longer access to properties but confidence in what is being advertised. Apaté is building a verification-first model designed to close that gap.
On October 1, 2026, Zamfara State marks its 30th anniversary, reflecting on its journey from inception to becoming a beacon of hope in Nigeria. The state's transformation is emblematic of resilience and growth amid challenges since its establishment by General Sani Abacha in 1996.
In a decisive move to curb open grazing and protect agricultural lands, Oyo State authorities have impounded 20 cattle found grazing in residential areas. This operation highlights ongoing tensions between livestock rearing and farming in the region.
Child labour and the alarming number of out-of-school children continue to pose significant challenges in Nigeria, highlighting a systemic failure in governance. Governor Umar Bago of Niger State recently underscored this crisis, revealing the troubling trend of boys abandoning education for mining activities.
