Tinubu Declares Insecurity, Poverty National Emergencies at Workers’ Day
ABUJA, Nigeria – President Bola Tinubu has declared insecurity and poverty as national emergencies, warning that both crises pose grave threats to jobs, productivity…
Topic
Nigeria Economy
MTN’s ₦355bn Profit Surge Shadowed by Diesel Crisis, Network Strain
LAGOS, Nigeria – MTN Nigeria posted a staggering ₦355.5 billion profit in the first quarter of 2026, but rising diesel costs and persistent power…
Bite-Sized Survival: How Inflation Is Driving Nigeria’s Fast-Food Boom
ABUJA, Nigeria – Nigeria’s fast-paced urban centres—Abuja, Lagos and Port Harcourt—a subtle but significant shift is reshaping dining culture, as rising inflation and demanding…
Nigeria’s Reserves Slide $731m in April, Stir FX Stability Concerns
LAGOS, Nigeria – Nigeria’s external reserves fell by $731 million within the first three weeks of April 2026, intensifying concerns over sustained pressure on…
From Corps to Capital: Nigeria’s NYSC Gamble on Youth Enterprise Faces Its Hardest Test Yet
ABUJA, Nigeria – When Adaeze Nwosu returned to Enugu after completing her National Youth Service Corps (NYSC) posting in Kano State in early 2025,…
Obi Raises Alarm Over ₦34trn Missing Federation Revenue Funds
ABUJA, Nigeria – Former presidential candidate Peter Obi warns that Nigeria loses an estimated ₦34 trillion in unremitted revenue over three years, calling for…
Nigeria Rejects IMF Loans Despite $50bn Global Financing Offer
ABUJA, Nigeria – Nigeria rules out seeking new financing from the International Monetary Fund, even as the lender prepares up to $50bn in support…
Choked at Hormuz: How a Distant Maritime Crisis Is Quietly Tightening Africa’s Food Noose
LAGOS, Nigeria – From the wheat fields of Eastern Europe to the bakeries of Lagos, the world’s food system is bound together by invisible…
CBN Pushes Inflation Targeting, Eyes Single-Digit Price Stability
Abuja, Nigeria – The Central Bank of Nigeria intensifies its shift towards a rules-based monetary policy, targeting single-digit inflation to stabilise Africa’s largest economy.…
Black Gold, Burning Questions: Can Nigeria Turn a $100 Oil Surge into Real Prosperity?
LAGOS, Nigeria – As oil tankers inch through tense waters and global markets tremble, Nigeria finds itself on the edge of a familiar paradox…