Tag: #NaijaEconomy
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NECA SLAMS SACHET ALCOHOL BAN: JOBS & ECONOMY AT RISK
Banning cheap booze in sachets sounds noble, but NECA warns it’ll unleash smugglers and torch jobs especially with Nigeria’s 1,000+ porous borders begging for trouble. Director-General Wale Smatt-Oyerinde fired off at a Tuesday Lagos briefing: “A blanket ban isn’t the solution it threatens investments and unemployment we can’t afford.” Instead of job losses and police…
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NIGERIA SCORES $4.60BN BOP SURPLUS IN Q3 2025 – CBN
From red ink to black gold: Nigeria flipped the script on its balance of payments, posting a massive $4.60 billion surplus in Q3 2025 after a prior deficit—fueled by trade wins, diaspora cash, and investor love. The Central Bank of Nigeria dropped the good news today, crediting a $3.42 billion current account surplus. Goods exports…
