Browsing Tag
Economy
524 posts
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.
Peter Obi Urges President Tinubu to Retire Ahead of 2027 Election
Peter Obi has formally requested that President Bola Tinubu step down before 2027, citing a lack of presidential capacity to resolve Nigeria's deep economic and security struggles.
Cardoso and Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum in Abuja
Central Bank Governor Olayemi Cardoso and WTO leader Ngozi Okonjo-Iweala will headline the 7th Africa Emerging Markets Forum in Abuja to address economic resilience.
Nigeria records ongoing drop in cooking gas costs
Liquefied Petroleum Gas prices in Nigeria have fallen over the last three weeks due to an influx of imports, according to recent market surveys.
Atiku Questions Government Borrowing Despite Massive Oil Revenue Gains
Atiku Abubakar has accused the federal government of excessive borrowing despite reaping a 7.98 trillion naira windfall from elevated global oil prices, calling for greater transparency and fiscal accountability.
Atiku Questions Tinubu Administration Over Debt Amidst N7.98 Trillion Oil Gain
Atiku Abubakar has criticized the Tinubu administration for increasing national debt despite a N7.98 trillion windfall from rising global crude oil prices.
Questions Surround N17.5 Trillion NNPCL Receivables Amid Subsidy Removal
Former NACCIMA President Dele Oye argues that the N17.5 trillion in NNPCL receivables acts as a disguised fuel subsidy, calling for a forensic audit to ensure transparency.
Iran Claims $18 Billion in Oil Sales Throughout Recent Conflict
The Iranian oil ministry reports generating $18 billion in revenue despite a US blockade, contradicting earlier claims by parliamentary officials.
Benue Investment Company Urges Farmers to Keep Oranges Within State Borders
The BIPC is urging Benue farmers to sell oranges to local processing plants instead of exporting them, aiming to protect state industrialization and create local jobs.