Browsing Tag
Economy
293 posts
Nigeria’s Net Foreign Exchange Inflow Declines by 24 Percent
The Central Bank of Nigeria reported a 24 percent monthly decline in net foreign exchange inflow, dropping to $6.92 billion in February 2026 due to reduced capital activity.
Onanuga Questions Narrative of Widespread Hunger in Nigeria
Bayo Onanuga, a spokesperson for the President, has challenged reports of widespread hunger, citing government infrastructure projects and financial aid programs as evidence of positive economic progress.
Naira Has Reached Its Appropriate Market Price, Presidency Claims
Bayo Onanuga, a presidential aide, claims that foreign exchange reforms have allowed the naira to settle at its true market value despite current fluctuations.
Presidency Rejects Claims of Pervasive Hunger in Nigeria
Bayo Onanuga, speaking for the Presidency, argues that economic interventions and infrastructure projects demonstrate that Nigerians are benefiting from the Tinubu administration, rejecting claims of widespread hunger.
Economy, taxation and trade featured as ACCI unveils 21st International Trade Fair
The ACCI has announced the 21st Abuja International Trade Fair, set for September 2026, focusing on economic resilience, tax reform, and fostering investment through strategic policy dialogue.
Public Sector Workers Seek 400% Salary Hike Amid Economic Crisis
Civil servants under the JNPSNC have requested a 400 percent rise in the N70,000 minimum wage to cope with Nigeria's ongoing economic hardship.
Nigeria implements new strategy to combat predatory contracts amidst $2.3 trillion infrastructure gap
The Nigerian government is introducing a standardized Model PPP Agreement to minimize contractual disputes and secure investments as it seeks to bridge a massive $2.3 trillion infrastructure gap.
Air Peace CEO Urges President Tinubu to Address Airline Industry Crisis
Air Peace Chairman Allen Onyema is calling for urgent intervention from President Bola Tinubu to address the rising operational costs and multiple taxes threatening the survival of Nigerian airlines.
Who Will Be the Next UK Chancellor?
With Andy Burnham poised to lead the UK, speculation mounts over his choice for chancellor as he faces a complex list of national economic challenges.
Presidency Rejects Peter Obi’s Resignation Demand, Labels It Superficial
The Presidency has dismissed Peter Obi's call for President Tinubu's resignation as an empty political distraction, citing the fundamental differences between Nigeria's presidential system and the British parliamentary model.