Tuesday, 16th April 2024
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economy

29 Feb
President of the Manufacturers Association of Nigeria (MAN), Francis Meshioye, has lamented the state of the economy, which he said is in a dire state and urged the government and policymakers to be intentional about growing the manufacturing sector.
27 Feb
Amid unfavourable economic conditions in the country, Oyo State Governor, Seyi Makinde, yesterday, urged Nigerians, especially residents of the state, not to give up but to look at opportunities anytime there is a challenge, saying that opportunities always come up with challenges.
27 Feb
Convener of Concerned Nigerians, Deji Adeyanju, has urged the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, to stop laying too much emphasis on direct cash transfer to vulnerable Nigerians, but to rescue the plummeting economy.
20 Feb
Community Association for Grassroots Transformation (CAGRAT) has called on President Bola Tinubu to make the on-going fight against corruption more potent and inclusive.
19 Feb
Phrank Shaibu, spokesperson for former Vice President Atiku Abubakar, has ignited a firestorm by accusing the Nigerian government of secretly reinstating petrol subsidies. This accusation, coupled with the government's deafening silence on the matter, has raised concerns about financial mismanagement and potential corruption. Shaibu's alarm bells, according to various reports, began ringing after reports emerged…
15 Feb
In the heart of Africa, a cultural and economic revolution is quietly unfolding within the seams of the fashion industry. In the vibrant tapestry of Nigeria, often overshadowed by the prominence of oil, the budding fashion sector has emerged as a beacon of untapped potential, poised to be a leading driver of economic growth in…
15 Feb
Once forecast to become the world's biggest economy, Japan slipped below Germany last year to fourth place, official data showed Thursday, although India is projected to leapfrog both later this decade. Despite growing 1.9 percent, Japan's nominal 2023 gross domestic product in dollar terms was $4.2 trillion, government data showed, compared with $4.5 trillion for…
15 Feb
Phrank Shaibu, Special Assistant on Public Communication to former Vice President Atiku Abubakar, has launched a scathing attack on President Bola Tinubu's administration, accusing its policies of pushing Nigerians deeper into poverty and hardship. In a statement released on Thursday, Shaibu painted a grim picture of the nation's economic situation, highlighting rising food prices, business…
15 Feb
Akin to a runaway chemical reaction whose kinetics and results are uncontrollable, Nigeria is contending, metaphorically, with a runaway economy, in topsy-turvy, characterised by foreign exchange volatility and attendant inflationary pressure on costs of goods and services.
14 Feb
After eight months in office, the government of President Bola Tinubu is yet to demonstrate seriousness in dealing with the critical issues of insecurity and the economy.
30 Jan
Timi Frank, a former high-ranking official in Nigeria's ruling All Progressives Congress (APC), has unleashed a fiery critique of President Bola Tinubu's leadership of the Economic Community of West African States (ECOWAS), calling it a "national disgrace" and a major factor in the recent withdrawal of three member states. Frank, who served as Deputy National…
24 Jan
TotalEnergies, in partnership with Nigerian National Petroleum Company Limited (NNPCL), has reiterated its commitment in increasing their investments in economic empowerment and infrastructural interventions.

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Germany's foreign minister called Tuesday for the European Union to impose fresh sanctions on Iranian drone technology after Tehran's weekend attack on Israel. The 27-nation bloc has hit Iran with a barrage of sanctions in recent years, including over its drone supplies to Russia, which has frequently used the Iranian-made weapons in its war against…
25 mins ago
The Nigerian Civil Aviation Authority (NCAA) has suspended the licenses of three private jet owners for carrying out commercial flight operations. The Acting Director NCAA Captain Chris Najomo who announced the suspension in a video press release poster on the official X handle of the authority did not mention the name of the suspended private…
28 mins ago
The Kano State Anti-Corruption and Public Complaints Commission has filed new charges bordering on corruption and maladministration against former governor, Abdullahi Ganduje. Chairman of the anti-corruption commission, Muhuyi Magaji, disclosed this in an interview on Channels Television’s Sunrise Daily programme on Tuesday. Magaji said the initial allegations against Gandujel were the tip of the iceberg…
51 mins ago
The National Examinations Council (NECO) has re-scheduled the 2024, National Common Entrance Examination into Federal Unity Colleges as well as Federal Government Academy, Suleja, NECO spokesperson Azeez Sani in a statement on Tuesday, said the National Common Entrance Examination which was earlier scheduled to be held on 20th April 2024, will now be held on…
1 hour ago
Ahead of the Peoples Democratic Party (PDP) National Executive Committee meeting, scheduled for Thursday, April 18, a PDP support group, known as PDP Restructure Movement has endorsed former deputy governor of Kogi State, Phillips Salawu, as the next National Chairman of the party. The group led by Isa Mu'azu in a statement said that in…
1 hour ago
The National Examinations Council (NECO) has re-scheduled the 2024 National Common Entrance Examination into Federal Unity Colleges and the entrance examination into Federal Government Academy, Suleja. This is contained in a statement made available to newsmen in Abuja on Tuesday by Azeez Sani, acting Director, Information and Digital Communication, of the council. Sani stated that…
1 hour ago
An 88-year-old man from the French island of Reunion was sentenced on Monday to 20 years in prison for killing his ill wife and her in-house carer, a judicial source said Tuesday. The accused, a retired teacher, said that he had acted out of compassion because his 78-year-old spouse suffered from Alzheimer's disease. The double…
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Manchester United have spoken to Alejandro Garnacho after the winger liked social media posts criticising manager Erik ten Hag over his handling of the player. The Argentina international, taken off at half-time in their 2-2 draw at Bournemouth on Saturday, liked two messages on X, by United fan and YouTuber Mark Goldbridge. One post accused…
1 hour ago
The Federal Government said it is planning to reduce the cost of tax expenditure and ensure tax incentives aimed at impacting the economy positively. The Ministry of Finance made this known on Monday in a statement by spokesperson, Mohammed Manga. Manga said to achieve this, the Minister of Finance and Coordinating Minister of the Economy,…
2 hours ago
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