Browsing Tag
Economy
524 posts
NLC Calls on Workers to Mobilize for New Minimum Wage Negotiations
NLC President Joe Ajaero has labeled the current N70,000 minimum wage as insufficient and has urged union members to prepare for a robust fight to secure a true living wage.
House of Representatives Advances 13 Commercial Bills to Bolster Trade and Digital Economy
The House of Representatives has launched a public hearing on 13 bills, including the AfCFTA Domestication Bill, aimed at modernizing Nigeria's commercial laws and boosting its digital economy.
Nigeria Faces Potential Collapse Under Tinubu’s Failed Leadership, Says ADC
The African Democratic Congress asserts that Nigeria's survival is in jeopardy under President Bola Tinubu’s leadership, citing widespread economic failure, insecurity, and indifference to public suffering.
Oil values drop significantly as US and Iran suspend military strikes
Oil prices have retreated by more than 9% as the US and Iran halt military strikes to prioritize diplomatic engagement, following weeks of volatility that pushed costs to $100 per barrel.
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.
Questioning the Federal Government’s Claims of Poverty Reduction
A critique of the Federal Government's economic policies, arguing that current initiatives fail to improve citizen welfare and rely on questionable data to mask widespread poverty.
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.
Nigerian Naira exchange rates for July 27, 2026
The Nigerian naira remained stable against the US dollar on July 27, 2026, with official and parallel market rates showing continued convergence due to ongoing central bank reforms.
Shein reports quarterly loss as US tariff shifts hamper sales
Shein has recorded a quarterly loss of $99 million as the loss of US 'de minimis' tax exemptions and international logistical issues hinder the retailer's growth ahead of a planned Hong Kong IPO.
Dele Sobowale argues the Federal Government uses propaganda to mask poverty
Dele Sobowale criticizes the current administration's economic record, arguing that government reforms benefit the wealthy while leaving the masses in poverty and relying on misleading propaganda to justify policy failures.