Economy
Power Crisis Persists as Nigerians See No Relief Despite Government Promises
Two weeks after Nigeria’s Minister of Power, Adebayo Adelabu, assured citizens of improved electricity supply, many Nigerians across the country say the situation...
Nigeria’s Power Sector Crisis Worsens as FG Pays Only 4 Percent of Electricity Subsidy
The Federal Government’s failure to meet its financial obligations to power generation companies (GenCos) has intensified Nigeria’s electricity sector crisis. Fresh data shows...
Enugu Governor Approves Promotion and Conversion for 2,114 Civil Servants Boosting Morale and Productivity
Civil servants in Enugu State have expressed widespread excitement following the approval of promotion and conversion for 2,114 public workers by Governor Peter...
Tinubu Seeks Senate Approval for $6 Billion Loans to Fund Budget and Port Projects
President Bola Tinubu has formally written to the Nigerian Senate seeking approval to secure loans totaling $6 billion to address key economic priorities....
Nigeria Calls for Urgent Fiscal Reforms to Combat Illicit Financial Flows in Africa
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has urged African nations to implement urgent fiscal reforms to...
FG to Disburse Over N1 Billion to MSMEs Under 2026 National Awards
The Federal Government will allocate more than N1 billion to Micro Small and Medium Enterprises under the 2026 National MSME Awards, a senior...
Federal Government Expands HoPE-CT Programme Under Renewed Hope Agenda
The Federal Government has intensified its Renewed Hope Agenda with the rollout of the Household Prosperity and Empowerment Cash Transfer Programme HoPE CT,...
Nigeria Strengthens Pandemic Preparedness as Health Minister Warns of Future Outbreaks
Nigeria is ramping up efforts to prepare for future health emergencies as the Minister of State for Health and Social Welfare, Iziaq Salako,...
Nigeria Targets Seven Percent GDP Growth To Reduce Poverty Minister Edun Says
The Minister of Finance and Coordinating Minister of the Economy, Mr Olawale Edun, has stated that Nigeria is targeting a seven percent annual...
Manufacturers Raise Alarm Over CBN Policy Favoring Oil Exporters
Manufacturers operating under the Manufacturers Association of Nigeria Export Group have expressed concern over what they describe as an imbalance in foreign exchange...
