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Economy

Explore updates on inflation rates, employment data, government policies, exchange rates, and business activity. Get expert insights into economic shifts and financial stability.

FG Sets Aside N135.22bn for 2027 Election Disputes

By Elizabeth Ugbo The Federal Government of Nigeria has allocated N135.22 billion in the 2026 budget to handle election-related court…

Nigerian Resident Doctors Strike Again Over Unpaid Allowances, Policy Reversal

By Elizabeth Ugbo Resident doctors under the Nigerian Association of Resident Doctors (NARD) began a nationwide strike on April 7,…

Naira to Dollar Exchange Rate in Nigeria – April 6, 2026 Market Update

By Elizabeth Ugbo The Central Bank of Nigeria (CBN) and foreign exchange traders in Nigeria recorded a stable Naira on…

Geopolitical Tensions Push Nigerian Manufacturers Into Cost Crisis

By Elizabeth Ugbo The Manufacturers Association of Nigeria (MAN) has warned on Monday that rising geopolitical tensions in the Middle…

Tinubu Approves ₦3.3 Trillion Power Sector Debt Plan to Boost Electricity Supply in Nigeria

By Elizabeth Ugbo President Bola Ahmed Tinubu has approved a ₦3.3 trillion payment plan to clear longstanding debts in Nigeria’s…

Dangote Refinery Boosts Nigeria’s Energy Security Amid Global Crisis

By Elizabeth Ugbo In Nigeria, the Dangote Refinery, owned by Aliko Dangote, has transformed the nation’s fuel supply since October…

Nigerian Banking Sector Hits 96% Recapitalisation Compliance Ahead of Deadline

By Elizabeth ugbo Nigeria’s banking industry, led by the Central Bank of Nigeria, achieved over 96% compliance with new capital…

Nigeria Deserves Honest Governance, Not Performative Criticism

By Elizabeth Ugbo In Nigeria’s current political climate, a public critic has questioned government policies through a widely circulated letter,…

GLOBAL OIL CRISIS DEEPENS: MIDDLE EAST CONFLICT TRIGGERS ENERGY SHOCK, INFLATION SPIKE, AND SUPPLY CHAOS WORLDWIDE

By Elizabeth Ugbo The ongoing conflict involving Iran, Israel, and the United States has triggered a global economic shock that…

CPPE Commends CBN as 32 Banks Meet Recapitalisation Requirements, Calls for Stronger Credit Access

By Elizabeth Ugbo The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN)…