Economy

1018 Articles
Economy

Global Mobility Is Not Capital Flight, Says Optiva Capital Chairman

Mr. Franklin Nechi, Chairman of Optiva Capital Partners, has dismissed fears that rising migration among Nigerians represents capital flight, arguing instead that global...

Economy

Nigeria’s Oil Theft Crisis Moves from Creeks to Commercial Hubs

Nigeria’s long-standing oil theft problem is increasingly shifting from remote creeks and offshore pipelines into civilian communities, markets, and transport corridors. The recent...

Economy

Nigeria Loses Up to N5 Trillion to Post Harvest Inefficiencies in 2025 OTACCWA Reveals

The Organisation for Technology Advancement of Cold Chain in West Africa has disclosed that Nigeria recorded between N3.5 trillion and N5 trillion in...

Economy

Bishop Matthew Kukah Speaks on Nigeria’s Future, Democracy and Faith

The Catholic Bishop of the Roman Catholic Diocese of Sokoto, Matthew Kukah, has reaffirmed his commitment to speaking truth to power, urging Nigerians...

Economy

Lagos’ Hybrid Transport System Highlights the Need for Digitisation and Structure

At 6 a.m. along the Lekki, Ajah corridor, a CMS T&M Nigeria Limited bus, part of Lagos State’s mass transit scheme, crawls toward...

Economy

Osun Government Denies N13 Billion Payroll Scam Allegation Against Adeleke Administration

The Osun State Government has dismissed allegations of a N13 billion payroll scam levelled against it by auditing firm Sally Tibbot Limited, accusing...

Economy

National Assembly Faults FG Over Poor Funding of Livestock Ministry

The National Assembly of Nigeria has criticized the Federal Government of Nigeria for what lawmakers described as paying lip service to the development...

Economy

Over 10 Ships Await Discharge at Lagos Ports Amid High Cargo Traffic

No fewer than 10 ships have arrived at the Lekki, Tincan, and Apapa ports in Lagos, waiting to discharge bulk urea, general cargo,...

Economy

Nigeria Benefits from Oil Price Rally as Naira Strengthens

Nigeria’s economy is seeing a boost as Brent crude trades around $69 per barrel, surpassing the 2026 federal budget benchmark of $64.8. Analysts...

Economy

Federal Government Begins Payment of 2024 Capital Projects Targets Full Budget Implementation by March

The Federal Government of Nigeria has commenced payments for outstanding 2024 capital projects as part of efforts to accelerate budget implementation and stimulate...