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Economy
334 posts
Nigeria Faces Potential Loss of African Market Share Due to Manufacturing Expenses
Kamar Bakrin of the National Sugar Development Council warns that high operational costs threaten Nigeria's industrial competitiveness within the African trade market.
Nigerian Government Anticipates Successful 2026 EITI Validation
The Nigerian government expects to pass the upcoming 2026 EITI validation, citing ongoing reforms to boost transparency and accountability in the nation's extractive sector.
Global oil prices drop as US-Iran hostilities pause sparks diplomatic optimism
Oil prices declined sharply as a temporary halt in US-Iran military exchanges raised hopes for diplomatic solutions and improved security in the Strait of Hormuz.
Analyst Explains Why New US Import Tariffs Will Have Minimal Effect on Nigeria
Financial expert Dr. Muda Yusuf explains why the 12.5 percent US import tariffs are expected to have a limited impact on the Nigerian economy.
New Tax Ombud Office Launched to Safeguard Taxpayer Rights and Restore Confidence
The newly established Office of the Tax Ombud aims to protect taxpayers from administrative injustice and foster a more equitable relationship between the public and tax authorities.
Nigerian Phone Charging Hubs Shift from Petrol Generators to Solar Power
Commercial phone charging businesses across Nigeria are ditching noisy, expensive petrol generators in favor of solar energy to remain profitable amidst rising fuel costs.
Finance Experts Praise Taiwo Oyedele for Revitalizing Ministry Leadership
Industry leaders and stakeholders are commending Finance Minister Taiwo Oyedele for his role in ending policy uncertainty and restoring trust in the Federal Ministry of Finance.
Nigeria Launches Strategy to Become Global Hub for Ethical Labour Recruitment
Government, labour unions, and private employers are partnering on a new framework to ensure ethical recruitment and safety for Nigerians seeking work in the international job market.
Concerns mount over CBN exit from manufacturing credit support
The CBN's decision to stop direct funding for manufacturers has sparked alarms over a widening credit gap and potential decline in industrial production during a difficult economic period.
Fiscal Obfuscation: Analyzing Oyedele’s Debt Justification and Governmental Lack of Transparency
Minister Taiwo Oyedele’s recent defense of Nigeria’s rising debt stock faces scrutiny, as critics argue that accounting adjustments and technical explanations fail to address the lack of transparency, poor budget implementation, and declining welfare of the Nigerian people.