Browsing Tag
Economy
255 posts
Nigerian Government Rebuts Claims of Excessive ₦80 Trillion Debt Under Tinubu
Finance Minister Taiwo Oyedele clarified to the Senate that recent increases in Nigeria's debt figures are largely due to currency adjustments and the recognition of past obligations rather than new borrowing.
Sowore Claims President Tinubu Has Subjected Nigerians to Severe Economic Hardship
AAC presidential candidate Omoyele Sowore criticizes President Bola Tinubu for failing to improve living conditions, arguing that subsidy removal has triggered a severe economic crisis for Nigerians.
APC leader Alake advocates for citizen-focused economic reform to curb youth emigration
Ekiti APC leader Chief Joseph Folorunsho Alake calls for urgent economic policy shifts to combat inflation, improve worker conditions, and stop the rising trend of skilled youth migration.
Atiku Urges Federal Government to Reject Import-Dependent Policies in Favor of Industrialization
Atiku Abubakar calls for an urgent shift toward domestic production and industrialization, criticizing current government policies for relying on imports and fueling economic decline.
Atiku Criticizes Tinubu Economic Strategy, Citing Import Reliance as Job-Killer
Atiku Abubakar has blamed the current economic distress in Nigeria on an over-reliance on imports and taxes, advocating for a shift toward local manufacturing and domestic food production.
Financial implications of an Andy Burnham administration
Prime Minister Andy Burnham is planning new measures to ease cost-of-living pressures, focusing on tax reform, energy affordability, and housing initiatives.
Nigeria Newspaper Roundup: Spain Claims World Cup Title and Local Economic Developments
This roundup covers Spain's 2026 World Cup win, the election of Oyinlasola Badejo-Okunsanya as NBA president, shifts in petrol import data, and diplomatic efforts regarding regional xenophobia.
Oil prices retreat as Iran reports ongoing diplomatic channels with US
Oil prices dipped from monthly highs as Iran confirmed continued diplomatic contact with the US, though regional tensions keep market outlooks cautious.
Marketers Warn of Potential Dollar-Based Fuel Sales Amid Dangote Refinery Deal Uncertainty
Petroleum marketers warn that Nigerians might be forced to pay for fuel in US dollars if the federal government does not urgently restore the naira-for-crude supply deal with the Dangote Refinery.
Ryanair Reports Profit Decline Amid Rising Fuel Costs and Middle East Conflict
Ryanair's profits plummeted 34% as Middle East tensions inflated fuel costs and cooled passenger demand, forcing the airline to cut ticket prices.