Oil Wars, Empty Wallets: How Distant Conflict is Rewriting the Cost of Living in Nigeria
ABUJA, Nigeria – On the streets of Abuja, the price of petrol is no longer just a number on a pump—it is a daily…
Topic
Nigeria Economy
War Beyond the Battlefield: How the US–Israel–Iran Conflict Is Quietly Squeezing Nigerian Homes
LAGOS, Nigeria – When wars erupt thousands of kilometres away, they often feel distant — dramatic headlines on television screens, missile strikes replayed in…
FG Secures $1.3bn Alumina Refinery Deal with Africa Finance Corporation
ABUJA, Nigeria – The Federal Government of Nigeria has entered into an investment agreement with the Africa Finance Corporation (AFC) to co-finance a $1.3…
Ashes of Enterprise: Inside Kano’s Singer Market Inferno That Shook a City
KANO, Nigeria – On a humid Saturday afternoon, when trade should have been winding down into prayer and rest, panic tore through Singer Market…
CBN Cuts Benchmark Rate to 26.50% in Policy Shift
ABUJA, Nigeria – Nigeria’s Central Bank of Nigeria (CBN) reduces its benchmark interest rate by 50 basis points to 26.50 per cent, signalling a…
Nigeria Must Look Inward as Global Capital Dries Up
ABUJA, Nigeria – Nigeria can no longer rely on foreign capital to drive its economic ambitions and must aggressively mobilise domestic resources, Finance and…
IMF Projects Nigeria To Overtake Rivals As Economy Strengthens
LAGOS, Nigeria – The International Monetary Fund (IMF) projects Nigeria will become Africa’s third largest economy by 2026, citing stronger output, reform momentum and…
Sachet Alcohol Ban Risks Five Million Jobs – Nigerian Businesses Warn
ABUJA, Nigeria – Nigeria’s organised private sector warns that the renewed prohibition of sachet and small-bottle alcoholic drinks threatens more than five million jobs…
Africa’s Future Needs Investment, Not Aid Alone – Shettima Says
ABUJA, Nigeria – Vice President Kashim Shettima says Africa’s development challenges can no longer be solved through foreign aid alone, calling for large-scale deployment…
Tax Reform or Public Panic? Inside Nigeria’s Controversial 2026 Tax Changes
ABUJA, Nigeria – When rumours began spreading across Nigeria that the government would soon begin “taxing bank deposits” and “deducting money directly from savings,”…