Nigeria Economy
LCCI: Nigerian Private Sector Struggling as Businesses Battle Rising Costs and Economic Pressures
Leye Kupoluyi, President and Chairman of Council of the Lagos Chamber of Commerce and Industry, has raised concerns over the worsening state of...
Nigeria’s Power Crisis: Why DisCos Are Not the Real Problem Behind Persistent Blackouts
Every time electricity goes out in Nigeria, attention quickly turns to distribution companies such as Eko Electricity Distribution Company or Ikeja Electric, which...
Anglican Bishop Laments Economic Hardship but Expresses Hope for Nigeria’s Recovery
The Anglican Bishop of the Diocese of Lagos West, Olusola Odedeji, has expressed concern over Nigeria’s worsening economic situation while assuring citizens that...
Economic Hardship Painful but Necessary for Nigeria Growth Says Alake
Minister of Solid Minerals Development Dele Alake has said that the current economic hardship facing Nigerians is painful but necessary for the country’s...
Naira Appreciates to N1,388 Per Dollar in Parallel Market
The Nigerian naira recorded further appreciation against the United States dollar on Wednesday, strengthening in both the parallel market and the Nigerian Foreign...
Naira Records Mixed Performance Against Dollar at Official and Parallel Markets
The Nigerian naira posted mixed performance against the United States dollar on Thursday, May 14, 2026, across both the official Nigerian Foreign Exchange...
Nigeria Spends N6.54 Trillion on Vehicle Imports and Auto Parts in Two Years
Nigeria’s dependence on imported vehicles and spare parts has continued to rise sharply, with the country spending over N6.54 trillion on transport equipment...
Nigeria’s Asset Management Industry Set for Major Consolidation, Says Pathway Asset Management Founder
The Founder and Director of Pathway Asset Management, Adekunle Alade, has said that Nigeria’s asset management sector is heading toward a major structural...
Nigeria Can No Longer Depend on Borrowing for Development, Says Finance Minister Oyedele
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has warned that Nigeria can no longer rely heavily on borrowing...
Eterna Plc Records N302.4bn Revenue, Approves Dividend at 33rd AGM
Eterna Plc has announced a revenue of N302.4 billion for the financial year ended December 31, 2025, as shareholders approved the company’s audited...
