Economy

1018 Articles
Economy

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,...

Economy

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...

Economy

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...

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...