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The food sector in Nigeria is experiencing a crisis due to soaring costs and currency issues, leading to widespread job cuts. Companies reliant on imported raw materials are particularly affected by the rising exchange rates.
Many of the developments recorded in recent years have been pursued under the Nigeria Health Sector Renewal Investment Initiative, introduced in 2023. The framework was designed to improve coordination across financing, service delivery, workforce development, health security, an...
The Lagos Multi-sector Trade Fair showcases economic opportunities and emphasizes the need for collaboration among stakeholders. Commissioner Folashade Ambrose-Medebem advocates for collective efforts to enhance economic prospects.
Transport unions in Kwara State are threatening protests due to the poor condition of the Oko-Olowo and Ohan bridges. They claim these failures have significantly disrupted economic activities in the region.
SOAD's Minister of Trade, Hon. Ebube Ebisike George, emphasizes the need for Pan-Africanism to combat xenophobia and achieve economic sovereignty in Africa. His diverse background highlights his commitment to trade and human capital development.
*Seeks elimination of alleged multiple exchange rates *Uwaleke urges caution on IMF’s prescription for additional tax measures Ndubuisi Francis in Abuja and Dike Onwuamaeze in Lagos The International Monetary Fund
Bola A. Akinterinwa For various reasons of psychology of human differences, people do their things at different times, under different conditions and purposes. As such, interests do conflict with one
K Bolanle Ati-John discusses the paradox of Western market doctrines hindering Africa's development. The article critiques the inconsistency in Western policies towards African markets.
Nigeria's pension industry has boosted its investment in equities and government securities, reaching N23.87 trillion. This move reinforces the role of Pension Fund Administrators as a vital source of long-term capital for the economy.
Kemi Badenoch emphasizes that Nigeria's oil wealth has not ensured reliable electricity for its citizens. This highlights ongoing challenges in the country's energy sector despite its natural resources.
Recent capital-importation figures suggest a potential revival of investor confidence in Nigeria. The analysis highlights that a significant portion of these inflows could indicate a positive trend for the economy.
The L-PRES project has started procuring infrastructure to enhance livestock production in Taraba State. This initiative aims to boost the resilience and productivity of the livestock sector.
By Toni Kan A wag once said that the reward for hard work is more work. This aphorism was at the core of Yemi Cardoso’s acceptance speech in London on June 10, 2026 when he accepted the Central Banking award for Central Bank of the Year on behalf of the Central Bank of Nigeria ...
The IMF has advised the Nigerian government to introduce taxes on fuel and telecommunications to enhance revenue. This recommendation comes amid worries about the impact on poverty and living costs.
Nigerians are increasingly opting for rentals over home ownership due to high costs in the real estate sector. This shift highlights the ongoing challenges faced by many in securing affordable housing.
Fidelity Bank and Dr. Nonye Soludo have empowered 2,000 women and children in Anambra with essential tools and training. This initiative aims to enhance their livelihoods and promote economic independence.
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Chief Sunny Onuesoke argues that large foreign reserves do not necessarily indicate a country's socio-economic health. He emphasizes the need for a broader assessment of economic well-being beyond just financial reserves.
Former President Olusegun Obasanjo has advocated for the creation of a National Adire Association to promote Nigeria's textile industry. This initiative aims to diversify the economy and reduce reliance on oil.
The training was unveiled in Lagos on Wednesday, and will provide 10 Nigerians with world-class aviation training The post Oil and Gas Field Readiness: NCDMB, Chevron, Bristow begin pilot training appeared first on Premium Times Nigeria.
Nigeria's telecom lending sector is facing scrutiny as FCCPC's reforms ignite discussions on foreign monopolies. The debate centers around competition, consumer protection, and the nation's economic sovereignty.
The naira has experienced a decline in value against the dollar this week due to tightening dollar liquidity. This comes despite an increase in Nigeria's foreign reserves.
Katsina State Police Command successfully foiled a kidnap attempt on Katsina–Kankara highway, rescuing nine victims. Search for two missing persons ongoing
The Yobe State Government is committed to empowering small and medium-scale enterprises by considering interest-free loans. This initiative aims to strengthen local traders and boost the economy in Yobe.
Morocco and Nigeria are collaborating on economic development initiatives aimed at enhancing bilateral ties. This partnership highlights a commitment to cultural unity and shared growth between the two nations.
The Ilorin Innovation Hub is empowering youth with digital skills to potentially earn $2,000 monthly. This initiative focuses on technology and entrepreneurship to enhance economic opportunities for young people.
Dr. Armstrong Ume Takang praised President Bola Tinubu's economic reforms for their positive impact on the economy and public assets. These changes are expected to enhance value and improve financial management in Nigeria.
Nigerian companies are increasingly turning to the Commercial Papers market due to a slowdown in IPO activities. This shift highlights a strategic move by corporates to secure short-term financing amid challenging market conditions.
Nigerian economists are at odds with the IMF over proposed economic solutions for the country. This disagreement highlights differing perspectives on how to address Nigeria's economic challenges.
Nigeria's top companies have successfully leveraged economic reforms to boost their financial performance. This positive trend highlights the resilience and adaptability of the corporate sector in the face of economic challenges.