Nigeria Economy

126 Articles
Metro

Motor Dealers Urge Customs Boss to Probe Alleged Extortion Over Vehicle Duty Payments

The Association of Motor Dealers of Nigeria has called on the Comptroller General of the Nigeria Customs Service, Adewale Adeniyi, to investigate alleged...

Economy

NAAPE Warns Aviation Fuel Crisis Could Threaten Flight Safety and Cause Job Losses

The National Association of Aircraft Pilots and Engineers, NAAPE, has raised serious concerns over the ongoing Jet A1 aviation fuel crisis in Nigeria,...

Politics

ADC Criticises FG Over GDP Celebration Amid Rising Hardship

The African Democratic Congress has criticised the Federal Government for celebrating Nigeria’s reported economic growth, arguing that the figures do not reflect the...

Economy

Nigeria Local Refineries Receive 28.5 Million Barrels of Crude Amid Supply Gaps in First Quarter 2026

Nigeria local refineries received only 28.5 million barrels of crude oil in the first quarter of 2026 despite higher volumes offered by producers...

Economy

Fuel Price Hike Forces FCT Residents to Abandon Cars as Transport Costs Surge

Many car owners in the Federal Capital Territory have been forced to abandon their personal vehicles and resort to public transportation following the...

Metro

Lagos Workers Decry Rising Fuel Prices as Economic Hardship Deepens Ahead of 2027 Elections

Workers across Lagos have expressed growing concern over rising fuel prices, warning that the continuous increase is worsening living conditions and placing severe...

Economy

NUPENG Pledges Better Welfare and Safety for Oil Workers Amid Industry Pressures

The Nigeria Union of Petroleum and Natural Gas Workers has reaffirmed its commitment to improving the welfare, safety, and representation of workers in...

Metro

Court Dismisses FHT Mega Express Suit Against Parallex Bank Over N4.5 Billion Debt Dispute

The Federal Capital Territory High Court has dismissed a case filed by logistics firm FHT Mega Express Limited against Parallex Bank Limited over...

Economy

Nigeria’s Foreign Currency Tax Revenue Surges to N6.33 Trillion in 2025

Nigeria recorded a significant rise in foreign currency denominated tax revenue in 2025, with total receipts climbing to N6.33 trillion, according to an...

Economy

FG Raises Concern Over Limited Credit Access for Women Owned Businesses in Nigeria

The Federal Government of Nigeria has revealed that more than 80 percent of women owned businesses in the country lack access to formal...