Nigeria Economy
Ogun Approves Weekly Day Off and ₦10,000 Transport Allowance for Workers
Governor Dapo Abiodun has approved a weekly day off duty and a ₦10,000 monthly transport allowance for public servants in Ogun State as...
Naira Gains Strength Against Dollar Amid Improved Forex Supply
The Nigerian Naira showed renewed strength against the United States Dollar in early trading on Thursday April 16 2026 supported by increased foreign...
NLC Directive Triggers Tension Ahead of 2026 May Day Protests
A growing wave of unease has swept across state councils of the Nigeria Labour Congress following a directive that could dramatically reshape the...
ACF Declares Nigeria’s Security Crisis a State of War, Urges Emergency Action
The Arewa Consultative Forum has declared that Nigeria’s worsening security situation has reached a “state of war,” calling on the Federal Government to...
Presidency Fires Back as Sunday Dare Criticises Pat Utomi Over Economic Reform Claims
The Special Adviser to President Bola Tinubu on Media and Public Communication, Sunday Dare, has strongly criticised economist Pat Utomi over his remarks...
Naira Shows Marginal Recovery in Early Tuesday Trading Amid Market Firmness
The Nigerian Naira recorded a slight recovery in early trading hours on Tuesday, April 14, 2026, as the foreign exchange market responded to...
Experts Warn World Bank Fuel Import Advice Could Undermine Nigeria’s Energy Independence
Energy experts have strongly criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and fully liberalise its downstream petroleum...
CPPE Rejects World Bank Call for Increased Imports, Warns of Economic Risks
The Centre for the Promotion of Private Enterprise has strongly opposed a recommendation by the World Bank urging Nigeria to increase the importation...
Oyedele Denies Admitting Errors in Nigeria’s Tax Reform Laws
The Minister of State for Finance, Taiwo Oyedele, has dismissed reports claiming he admitted flaws in Nigeria’s newly introduced tax reform laws, describing...
Nigerian Navy Arrests Two Vessels with Stolen Crude Worth Over N4 Billion
The Nigerian Navy has intensified its crackdown on crude oil theft with the arrest of two vessels, MT Mkpodu and MT Westaf AF,...
