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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.

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)…

Borrowing, Ports, and Policy: Why Nigeria’s Economic Debate Needs Facts, Not Outrage

By Elizabeth Ugbo The Nigerian government, alongside critics like Suyi Ayodele, is currently engaged in a heated debate over borrowing…

FG Launches Free Nationwide Training to Empower 10 Million Nigerians

By Elizabeth Ugbo The Federal Government, led by Kashim Shettima, has launched a nationwide training programme to equip 10 million…

Nigeria Loses N40trn Yearly to Power Crisis – NISO Warns

By Elizabeth Ugbo Nigeria loses about N40 trillion annually to electricity shortages, according to the Nigerian Independent System Operator (NISO).…

Zamfara Approves N87bn Health Budget to Upgrade 23 Hospitals and PHCs

By Elizabeth Ugbo The Zamfara State Government, led by Dauda Lawal, has approved N87 billion for healthcare in 2026. The…

Tinubu–Starmer Meeting Drives UK-Nigeria Economic Partnership

By Elizabeth Ugbo President Bola Ahmed Tinubu met Prime Minister Keir Starmer in London to strengthen bilateral ties. The talks…