Tags Nigeria economy

Tag: Nigeria economy

Customs Intercepts 473 Smuggling Attempts, Seizes N5.5bn Contraband

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘A’, has intercepted 473 smuggling attempts and seized contraband with a Duty...

Tinubu Meets Global Investors in Paris, Pledges Fiscal Discipline and Reforms

President Bola Ahmed Tinubu has met with global investors in Paris, France, where he reaffirmed his administration’s commitment to fiscal discipline, transparency,...

NNPC Signs Deal with Chinese Firms to Operate Warri, Port Harcourt Refineries

The Nigerian National Petroleum Company Limited has signed a Memorandum of Understanding (MoU) with two Chinese firms to facilitate the restart, operation,...

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...
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OPM Foundation Rescues Undocumented Nigerian Children Living on Streets of Egypt

FOR the past five years, the Omega Power Ministries (OPM) Foundation, under the leadership of its founder and General Overseer, HRM King...

Court Orders INEC to Deregister ADC, Accord, Three Other Political Parties

A Federal High Court sitting in Abuja has ordered the Independent National Electoral Commission (INEC) to deregister five political parties over their...

TESTED BY FIRE, TRUSTED BY THE PEOPLE, DELIVERED THE MANDATE: THE HON. CEEKAY IGARA STORY

When history books record the Labour Party’s remarkable conquest of Abia State in 2023, one name will stand as the unsung architect...

Germany Hammer Curacao 7-1 in Dominant Group E World Cup Opener

Germany launched their 2026 FIFA World Cup campaign in emphatic fashion with a commanding 7-1 victory over Curacao in their opening Group...
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