Tags Nigeria economy

Tag: Nigeria economy

FG disburses N48bn cash transfer for poverty relief in Kano

The Federal Government has announced the disbursement of N48.1 billion under its cash transfer programme to support vulnerable households and reduce poverty...

Obasanjo says NNPC refineries may never work again

Former President Olusegun Obasanjo has declared that Nigeria’s state-owned refineries under the Nigerian National Petroleum Company Limited may never become fully functional...

Air Peace chairman warns more airlines may shut down despite Tinubu’s intervention

Chairman of Air Peace, Allen Onyema, has warned that more Nigerian airlines may shut down within days despite recent intervention measures approved...

Tinubu Seeks Senate Approval for $516m Loan for Sokoto–Badagry Superhighway

President Bola Ahmed Tinubu has formally requested the approval of the Senate for a $516.3 million external loan to finance key sections...

Tinubu Approves Relief Measures for Airlines Amid Soaring Jet Fuel Prices

President Bola Ahmed Tinubu has approved a series of relief measures for domestic airlines in response to the persistent rise in the...

Tinubu Sacks Finance Minister Wale Edun, Installs Taiwo Oyedele as Replacement

President Bola Ahmed Tinubu has dismissed Wale Edun as Minister of Finance and Coordinating Minister for the Economy, replacing him with Taiwo...

Petrol Prices Set to Drop as Strait of Hormuz Reopens

Petrol prices in Nigeria are expected to decline in the coming weeks following the reopening of the Strait of Hormuz, a critical...

Bola Ahmed Tinubu Signs ₦68.32tn 2026 Budget, Extends 2025 Spending Deadline

President Bola Ahmed Tinubu has signed the ₦68.32 trillion 2026 Appropriation Bill into law, setting the fiscal framework for the country’s spending...

Nigeria’s Inflation Rises to 15.38% in March

Nigeria’s inflation rate rose to 15.38 per cent in March 2026, marking a reversal of the recent downward trend and signalling renewed...

World Bank Raises Alarm: Nigeria’s Fiscal Squeeze Slashes Capital Spending by N1 Trillion in 2025

Nigeria's capital spending suffered a significant setback in 2025, declining by N1 trillion as soaring recurrent expenditure consumed an ever-larger share of...

Fuel Prices Are Biting Hard, But Thank God You’re Better Off’ — Tinubu Tells Suffering Nigerians

President Bola Tinubu has stirred fresh public debate after telling Nigerians grappling with worsening economic conditions to be grateful, arguing that despite...

FG unveils N1bn grant scheme to boost small businesses

The Federal Government has unveiled a N1bn grant scheme aimed at supporting small businesses across Nigeria, in a move designed to strengthen...

Senate Approves Tinubu’s $6bn Loan Request

The Nigerian Senate has approved President Bola Ahmed Tinubu’s request to secure external loans totalling $6 billion. The approval...
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What Supreme Court Ruling Means for ADC, INEC Deadline

The pending Supreme Court ruling on the leadership crisis within the African Democratic Congress (ADC) carries significant implications for the party’s ability...

Supreme Court Restores David Mark-Led ADC Leadership, Clears Path for 2027 Polls

Nigeria's Supreme Court has restored the leadership of former Senate President David Mark at the helm of the African Democratic Congress (ADC),...

APC Zones 2027 Abia Governorship Ticket to Central Senatorial District — Ben Kalu Gets Knock as Zoning Works Against Him

The All Progressives Congress (APC) in Abia State has officially zoned its governorship ticket for the 2027 general elections to the Abia...

Supreme Court Voids Ibadan PDP Convention, Deals Blow to Turaki-Led Faction

The Supreme Court has voided the national convention of the Peoples Democratic Party (PDP) held in Ibadan, Oyo State, in November 2025,...
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