Tag: #NigeriaEconomy
-
TINUBU’S UK VISIT: BIG DEALS, BIG QUESTIONS FOR NIGERIANS
Historic handshakes at Buckingham Palace—but will Bola Tinubu’s UK visit translate into real gains back home?* For the first time in nearly 40 years, a Nigerian leader has made a full state visit to the United Kingdom, invited by King Charles III—a symbolic reset of long-standing ties. But beyond the royal reception, the focus is…
-
COCOA CRISIS IN KOGI: FARMERS CRY OUT OVER PRICE CRASH
From boom to bust—Kogi cocoa farmers are struggling to stay afloat as prices tumble and losses mount. Cocoa farmers in Kogi State are raising alarm over a sharp drop in prices, urging government intervention to save their livelihoods and stabilise the sector. The state chairman of the All Farmers Association of Nigeria, Adobanyi Salihu, said…
-
DANGOTE SOUNDS ALARM: GLOBAL OIL TENSIONS COULD HIT NIGERIA HARD
From fuel prices to daily survival, Africa’s richest man warns the Middle East crisis could ripple into every corner of Nigeria’s economy. Business mogul Aliko Dangote has warned that rising tensions in the Middle East could trigger serious economic shocks for Nigeria and other African countries. Speaking after meeting with Bola Ahmed Tinubu in Lagos,…
-
CBN TARGETS LOWER PRICES: NEW PLAN TO TAME INFLATION TAKES SHAPE
Nigeria’s apex bank says it’s doubling down on a smarter, more transparent strategy to bring inflation under control. The Central Bank of Nigeria has reaffirmed its push toward a full inflation-targeting monetary policy, aimed at delivering long-term price stability and boosting investor confidence. Speaking at a policy session in Abuja, CBN Deputy Governor, Muhammad Abdullahi,…
-
MIDDLE EAST CRISIS: EXPERT URGES FG TO ACT FAST TO PROTECT ECONOMY
Rising global tensions could hit Nigeria’s economy hard—an expert says the government must move quickly before the impact deepens. An economic expert, Joe Nwakwue, has warned that Nigeria must act swiftly and strategically to shield its economy from the ripple effects of the ongoing Middle-East crisis. Speaking in Lagos, Nwakwue said the conflict is already…
-
FOCUS ON FUEL SUPPLY, NOT PRICE CONTROL – EXPERT TELLS FG
As global tensions shake oil markets, an energy expert is warning Nigeria—keeping fuel flowing matters more than fixing prices. Energy economist Wumi Iledare has advised the Federal Government to prioritise stable fuel supply over price control, saying it’s the key to economic stability amid global oil market disruptions. Speaking in Lagos, Iledare warned that trying…
-
NGX RALLIES: INVESTORS POCKET N1.77TRN IN SHORT TRADING WEEK
Despite fewer trading days, the stock market surged — delivering big gains and renewed investor confidence. Nigeria’s stock market wrapped up the week on a strong note, with the Nigerian Exchange Ltd. (NGX) posting a 1.39% rise in both the All-Share Index and market capitalisation. The benchmark index climbed to 201,156.86 points, while total market…
-
TINUBU’S UK TRIP: APC TOUTS BIG ECONOMIC WINS, GLOBAL DEALS
As President Bola Tinubu heads to the UK, the Lagos APC says the visit is more than a trip—it’s a strategic push to unlock investments and strengthen Nigeria’s global standing. In a statement, the Lagos chapter of the All Progressives Congress, through spokesman Seye Oladejo, described the visit as a key step in advancing economic…
-
LCCI WARNS AGAINST COMPLACENCY AS INFLATION EASES SLIGHTLY
Marginal drop in inflation not a reason to relax, experts caution. The Lagos Chamber of Commerce and Industry (LCCI) has urged vigilance despite Nigeria’s inflation easing slightly from 15.10% in January to 15.06% in February. Director-General Dr Chinyere Almona warned that rising month-on-month inflation of 2.01% shows that price pressures remain strong. She highlighted food…
-
TINUBU’S TAX REFORMS BOOST GOVERNMENT REVENUE, FUND INFRASTRUCTURE
Revenue from taxes now outpaces oil, powering roads and social projects. Economic expert Mr Olugbuyiro Akinola says President Bola Tinubu’s tax reforms are transforming Nigeria’s finances. For the first time, tax revenue contributes more than oil and gas, now making up about 68% of public revenue. Akinola noted that better taxpayer awareness and compliance, backed…
