Economy

965 Articles
Economy

Foreign Investment in Nigeria’s Manufacturing Sector Drops Sharply Despite Capital Inflow Surge

Foreign investment into Nigeria’s manufacturing sector has declined significantly over the past two years, raising concerns about weakening investor confidence in the real...

Economy

Rising Tomato Prices Push Nigerian Families Back to Traditional Boiled Mix

In response to the soaring cost of fresh tomatoes, many Nigerian households are returning to a once abandoned kitchen practice, the use of...

Economy

Nigerian Banks Raise N4.6 Trillion as Recapitalisation Sparks Fierce Lending Competition

Nigeria’s banking sector has entered a new era of intense competition following the successful recapitalisation exercise led by the Central Bank of Nigeria....

Economy

Nigeria’s Food Market to Hit $233.5 Billion as Industry Leaders Push for Innovation and Food Security

Nigeria’s food industry is projected to reach an estimated value of $233.53 billion in 2025, with a strong annual growth rate of 10.76...

Economy

Rising Food Crisis Looms in Nigeria as Policy Failures and Global Shocks Converge

A fresh warning has been issued over Nigeria’s worsening food outlook, as a combination of domestic challenges and global disruptions threaten to reverse...

Economy

FG Launches N12bn Digital Economy Research Fund to Drive Innovation

The Federal Government of Nigeria has unveiled a N12 billion Digital Economy Research Fund aimed at strengthening evidence based policymaking and accelerating the...

Economy

Rivers Govt Explains ₦302bn Spending Before Court in SERAP Lawsuit

The Rivers State Government has disclosed details of how over ₦302 billion was spent within six months in 2025, following a lawsuit filed...

Economy

Peter Obi Says Aba Industry Can Rival Oil Revenue with Right Support

Former Anambra State Governor and Labour Party presidential candidate Peter Obi has stated that Nigeria’s garment and footwear industry in Aba, Abia State,...

Economy

Oyebanji Administration Driving Growth Through Continuity and Inclusive Policies in Ekiti

The Ekiti State Commissioner for Information, Taiwo Olatunbosun, has highlighted the positive impact of Governor Biodun Oyebanji’s administration, citing a strong commitment to...

Economy

Lagos Reintroduces Monthly Environmental Sanitation Exercise Starting April 2026

The Lagos State Government has announced the return of its monthly environmental sanitation exercise, set to commence on April 25, 2026, as part...