Browsing Tag
Economy
287 posts
Orji Kalu Links Economic Reform Challenges to Illegal Arms Influx
Senator Orji Uzor Kalu states that illegal weapons entering Nigeria from neighboring regions are hindering President Tinubu's economic reform initiatives.
President Tinubu Highlights 61 Federal Road Initiatives Across North Central Zone
President Tinubu announced that his administration is executing 61 road projects across North Central Nigeria, citing the development as the largest infrastructure program in the nation's history.
Adesina Attributes Nigeria’s Stagnation to Corruption and Ineffective Leadership
Former presidential aide Femi Adesina contends that Nigeria's vast potential remains untapped due to pervasive corruption and a history of ineffective political leadership.
Minister Umahi Defends First Lady Over Comments on Vocational Work
Minister of Works David Umahi defends First Lady Oluremi Tinubu's call for vocational work, citing his own parents' humble history as examples of dignity in labor.
Afreximbank Urges African Nations to Halt Raw Lithium Exports
Afreximbank’s Dr. George Elombi has urged African nations to process lithium domestically for EV battery production instead of exporting it as a raw material, pledging financial support for local manufacturers.
Nigerian public sector unions threaten industrial action over unpaid salary adjustments
Public sector unions in Nigeria are threatening government authorities with industrial action due to the failure of various states to implement the N70,000 national minimum wage and other welfare benefits.
Nigeria Seeks Enhanced Development Finance and Private Investment to Reach $1 Trillion Goal
To reach a $1 trillion economy, the Nigerian government is prioritizing private sector capital and reformed development finance to supplement national budgets.
President Tinubu jokes about First Lady’s ‘Iya Alakara’ label
President Bola Tinubu playfully nicknamed First Lady Oluremi Tinubu 'Iya Alakara' during a dinner, referencing recent public debates over her comments on small-scale trading and government empowerment initiatives.
Naira Exchange Rate Analysis: July 3, 2026
The Nigerian Naira showed steady performance against the Dollar on Friday, with rates aligning closely between official and parallel markets as liquidity stabilizes.
Nigerian Naira Declines Against Dollar in Both Official and Parallel Markets
The Naira weakened against the dollar in both official and parallel markets yesterday, leading to a wider gap between the two rates as trading volume fell.