Nigeria Economy

124 Articles
Economy

Naira Holds Steady Against British Pound Amid Controlled Market Movements

The Nigerian naira maintained a relatively stable position against the British pound sterling on Friday, April 17, 2026, across both the official and...

Economy

Nigeria’s Net Domestic Assets Rise to N94.7 Trillion Amid Economic Pressures

Nigeria’s Net Domestic Assets increased significantly by 21.2 percent year on year to N94.742 trillion in February 2026, up from N78.177 trillion recorded...

Metro

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...

Economy

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...

Metro

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...

Economy

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...

Economy

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...

Economy

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...

World

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...

World

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...