Nigeria Economy

Obi Raises Alarm Over ₦34trn Missing Federation Revenue Funds

• Business and Economy
• News

Obi Raises Alarm Over ₦34trn Missing Federation Revenue Funds

Edino Chubiyo Cornelius April 19, 2026 0

ABUJA, Nigeria – Former presidential candidate Peter Obi warns that Nigeria loses an estimated ₦34 trillion in...

Read More Read more about Obi Raises Alarm Over ₦34trn Missing Federation Revenue Funds

Nigeria Rejects IMF Loans Despite $50bn Global Financing Offer

• Business and Economy
• News

Nigeria Rejects IMF Loans Despite $50bn Global Financing Offer

Chukwu Obinna April 17, 2026 0

ABUJA, Nigeria – Nigeria rules out seeking new financing from the International Monetary Fund, even as the...

Read More Read more about Nigeria Rejects IMF Loans Despite $50bn Global Financing Offer

Choked at Hormuz: How a Distant Maritime Crisis Is Quietly Tightening Africa’s Food Noose

• Business and Economy
• News
• Special Reports

Choked at Hormuz: How a Distant Maritime Crisis Is Quietly Tightening Africa’s Food Noose

Korede Abdullah March 31, 2026 0

LAGOS, Nigeria – From the wheat fields of Eastern Europe to the bakeries of Lagos, the world’s...

Read More Read more about Choked at Hormuz: How a Distant Maritime Crisis Is Quietly Tightening Africa’s Food Noose

CBN Pushes Inflation Targeting, Eyes Single-Digit Price Stability

• Business and Economy
• News
• Opinion and Analysis

CBN Pushes Inflation Targeting, Eyes Single-Digit Price Stability

Koko Maxwella March 23, 2026 0

Abuja, Nigeria – The Central Bank of Nigeria intensifies its shift towards a rules-based monetary policy, targeting...

Read More Read more about CBN Pushes Inflation Targeting, Eyes Single-Digit Price Stability

Black Gold, Burning Questions: Can Nigeria Turn a $100 Oil Surge into Real Prosperity?

• Business and Economy
• News
• Special Reports

Black Gold, Burning Questions: Can Nigeria Turn a $100 Oil Surge into Real Prosperity?

Korede Abdullah March 20, 2026 0

LAGOS, Nigeria – As oil tankers inch through tense waters and global markets tremble, Nigeria finds itself...

Read More Read more about Black Gold, Burning Questions: Can Nigeria Turn a $100 Oil Surge into Real Prosperity?

Oil Wars, Empty Wallets: How Distant Conflict is Rewriting the Cost of Living in Nigeria

• News
• Special Reports

Oil Wars, Empty Wallets: How Distant Conflict is Rewriting the Cost of Living in Nigeria

Oluwatobi Adu March 19, 2026 0

ABUJA, Nigeria – On the streets of Abuja, the price of petrol is no longer just a...

Read More Read more about Oil Wars, Empty Wallets: How Distant Conflict is Rewriting the Cost of Living in Nigeria

War Beyond the Battlefield: How the US–Israel–Iran Conflict Is Quietly Squeezing Nigerian Homes

• News
• Special Reports

War Beyond the Battlefield: How the US–Israel–Iran Conflict Is Quietly Squeezing Nigerian Homes

Korede Abdullah March 7, 2026 0

LAGOS, Nigeria – When wars erupt thousands of kilometres away, they often feel distant — dramatic headlines...

Read More Read more about War Beyond the Battlefield: How the US–Israel–Iran Conflict Is Quietly Squeezing Nigerian Homes

FG Secures $1.3bn Alumina Refinery Deal with Africa Finance Corporation

• Business and Economy
• News

FG Secures $1.3bn Alumina Refinery Deal with Africa Finance Corporation

Mirian Gom March 2, 2026 0

ABUJA, Nigeria – The Federal Government of Nigeria has entered into an investment agreement with the Africa...

Read More Read more about FG Secures $1.3bn Alumina Refinery Deal with Africa Finance Corporation

Ashes of Enterprise: Inside Kano’s Singer Market Inferno That Shook a City

• News
• Special Reports

Ashes of Enterprise: Inside Kano’s Singer Market Inferno That Shook a City

Hussaini Ibrahim March 1, 2026 0

KANO, Nigeria – On a humid Saturday afternoon, when trade should have been winding down into prayer...

Read More Read more about Ashes of Enterprise: Inside Kano’s Singer Market Inferno That Shook a City

CBN Cuts Benchmark Rate to 26.50% in Policy Shift

• Business and Economy
• News

CBN Cuts Benchmark Rate to 26.50% in Policy Shift

Oluwafunbi Bello February 24, 2026 0

ABUJA, Nigeria – Nigeria’s Central Bank of Nigeria (CBN) reduces its benchmark interest rate by 50 basis...

Read More Read more about CBN Cuts Benchmark Rate to 26.50% in Policy Shift