Nigeria’s headline inflation dropped to 23.71% in April 2025, down from 24.23% in March, according to…
Tag: Nigeria economy
NNPCL Failed to Remit ₦500bn out of ₦1.1bn Revenue in 2024 — World Bank
The World Bank has flagged the Nigerian National Petroleum Company Limited (NNPCL) for failing to fully…
Lagos Revenue Soars to ₦1.3trn in 2024, Up 45% from 2023
Lagos State has posted a record revenue of ₦1.3 trillion for the year 2024, representing a…
FG Borrows ₦10.85trn Domestically Despite Mounting Debt Warnings
Despite rising alarm over Nigeria’s surging debt profile, the Federal Government has borrowed ₦10.85 trillion from…
Adesina Right, Nigeria’s 1960 Economy Held More Value — Analyst
Economic analyst Paul Alaje has defended African Development Bank President, Akinwumi Adesina, over his recent claim…
I Almost Fled — Tinubu Opens Up on Early Struggles as President
President Bola Tinubu has revealed how close he came to distancing himself from the media shortly…
Presidency Rejects Adesina’s Claim Nigerians Are Worse Than 1960
The Presidency has faulted recent comments made by outgoing African Development Bank President, Dr Akinwumi Adesina,…
AfDB Commits $650m Yearly to Transform Nigeria’s Economy by 2030
The African Development Bank Group (AfDB) has approved a new five-year Country Strategy Paper for Nigeria,…
FRC: Nigeria Not Hyperinflationary Economy, Cites Positive Economic Outlook
The Financial Reporting Council (FRC) of Nigeria has officially stated that the country’s economy does not…
Voices from the Frontline: Nigerian Workers Speak on Surviving an Economy in Freefall
Today, Nigerian workers across the country took to the streets to mark this year’s Workers’ Day…