Abuja
Nigeria’s Skills-Jobs Mismatch: A Growing Challenge
Nigeria's workforce is facing a significant skills-jobs mismatch, according to Punch Newspapers.
#Economy
Economy
Naira’s Exchange Rate Set to Soar to N4,000/$ Due to Subsidy – Oyedele
Finance Minister, Oyedele, has revealed that the Naira's exchange rate could rise to N4,000 per dollar due to the ongoing fuel subsidy.
Abuja
Nigeria Aims for Faster Growth with Lower Prices and Reduced Business Costs
The Federal Government has announced plans to boost economic growth through strategies aimed at lowering prices and reducing business costs.
Markets
Stock Market Sustains Losses Amid Declining Inflation
Amid a fourth consecutive month of decline in headline inflation rate, the Nigerian Exchange Limited (NGX) has continued to drop, according to Vanguard News.
Business
51 African Nations Invest in Dangote Refinery’s Initial Public Offer
The Dangote Petroleum Refinery and Petrochemicals' Initial Public Offering (IPO) has attracted investors from 51 African countries and over 90 countries worldwide, according to the company.
Nigeria
Nigeria’s Imported Food Inflation Eases, Yet Prices Remain High – NBS
According to a report by the National Bureau of Statistics (NBS), Nigeria's imported food inflation has shown signs of moderation, but prices remain high.
News
Nigeria’s Finance Ministry Disputes World Bank’s 124% Debt Interest-to-Revenue Claim
Nigeria's Finance Ministry has disputed a claim by the World Bank that the country's debt interest-to-revenue ratio reached 124%.
News
Government Stands Firm on Economic Reforms, Rules Out Fuel Subsidies and Multiple Exchange Rates
The Federal Government has ruled out restoring fuel subsidies and multiple exchange rates, reaffirming its commitment to economic reforms.
Economy
Nigeria’s Fuel Price Gamble: Cheaper Petrol, Uneven Relief
NNPC's move to lower fuel prices has raised questions about fair implementation and its impact on transport fares and food prices.
Economy
Nigeria’s Economic Might Fades Amidst Weak Naira and High Poverty Rate
Despite retaining its third position in Africa's largest economies, Nigeria struggles with a weak naira and a staggering 63% poverty rate.
Economy
Long-Term Investment Attracted by Nigeria’s Stability, According to CBN Governor
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has stated that sustained macroeconomic stability, decreasing inflation, and confidence in policy direction will draw long-term investment into Nigeria,…
Federal Politics
Subsidy Return: Why International Investors Write Off Nigerian Opposition Politicians as Unserious
According to Premium Times, economist and political analyst, Yinka Oyedele, has stated that international investors and markets have largely written off Nigerian opposition politicians as unserious, citing this…
Business
President Tinubu Courts Investors with $78.5 Billion Investment Opportunities
President Tinubu has unveiled a slew of investment opportunities worth $78.5 billion, inviting foreign and domestic investors to capitalize on Nigeria's burgeoning economic potential.
Business
Tinubu Hails World Bank’s $5.79bn Private Financing for Nigeria
President Bola Tinubu has hailed a new World Bank initiative to attract $5.79 billion in private financing for Nigeria's economy.
Federal Politics
Makinde Accuses Tinubu Administration of Squandering NLNG Dividends
Oyo State Governor, Seyi Makinde, has accused President Bola Ahmed Tinubu's administration of spending Nigeria LNG (NLNG) dividend payments without distributing the funds to state governments.