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Economy
64 posts
Shettima: Government Must Partner with Private Sector to Understand the Economy
Vice President Kashim Shettima emphasizes the necessity of government engagement with the private sector to foster economic growth and streamline business operations through digital reforms.
Government Commands NMDPRA to Stop Excessive Fuel Pricing
Minister Heineken Lokpobiri has tasked the NMDPRA with preventing fuel price exploitation and ensuring consumers receive accurate quantities at retail stations.
Turning Refuse Into Revenue: Nigerians Adopt Waste Collection to Survive Economic Hardship
Facing extreme inflation, a diverse group of Nigerians are turning to waste collection to provide for their families, creating an unexpected environmental benefit despite significant health risks.
Nigeria Sees 21 Percent Growth in Intra-African Trade to $9.02 Billion in 2025
Nigeria's intra-African trade reached $9.02 billion in 2025, marking a 21 percent increase supported by the AfCFTA framework and improved logistical corridors.
NESG: Export Diversion Undermines Nigeria’s N7.55 Trillion Trade Surplus
The NESG warns that Nigeria is losing significant economic value as exporters bypass local ports and certification systems in favor of neighboring countries, despite a record trade surplus.
Doubts Arise Over Nigeria’s Trillion-Dollar Economic Ambitions
Government promises of a trillion-dollar economy are being met with skepticism, as critics point to a recurring pattern of failed economic planning, stagnant growth, and massive infrastructure neglect.
Nigeria Faces Fiscal Challenges Despite Record Revenue Growth
Despite revenue hitting N118.8 trillion, Nigeria's government tiers face mounting debt and service delivery failures, sparking calls for greater fiscal accountability.
Malaysia offers technical support to bridge Nigeria’s palm oil production shortfall
The Malaysian Palm Oil Council is partnering with Nigerian industry stakeholders to address a one million metric-tonne supply gap through technical assistance, research, and increased investment in local production.
FCCPC cautions oil marketers over fuel price gouging amid global crude decline
The FCCPC has warned oil marketers to stop exploiting consumers, noting that current pump prices for petrol are too high given the significant drop in global crude oil prices.
FCCPC cautions fuel sellers as consumers miss out on global price cuts
The FCCPC has warned fuel retailers against price exploitation, noting that consumers are not receiving the benefits of falling global crude oil prices.