Browsing Tag
Economy
271 posts
Dele Sobowale: The Myth of Wealthier States Under Current Revenue Allocations
Dele Sobowale argues that higher FAAC allocations do not equate to wealthier states, as runaway inflation and economic mismanagement by the Federal Government have eroded the purchasing power of all government tiers.
Top 10 African nations with the most extensive road networks by 2026
An overview of the ten African countries leading in total road network length as of 2026, highlighting their roles in economic and regional connectivity.
Atiku Calls for Investigation into Tinubu’s 2026 Budget Over Duplication Concerns
Atiku Abubakar has requested a formal investigation into the 2026 budget, citing over N210 billion in alleged duplications and questioning the government's transparency regarding fuel subsidy spending.
ADC Criticizes President Tinubu’s Economic Strategy Amid Widespread Hunger
The African Democratic Congress has slammed the Tinubu administration, demanding policy shifts or resignation as recent data reveals 139 million Nigerians are now living in poverty.
ADC Labels 139 Million Nigerians in Poverty as Tinubu’s True Performance Metric
The ADC has urged President Tinubu to consider resigning, citing a World Bank report that places 139 million Nigerians below the poverty line.
Akara Economics: Examining the Nigerian Philosophy of Survival
Stephanie Shaakaa argues that Nigeria's economic focus has shifted toward individual survival strategies, like side hustles, rather than building the systemic infrastructure required for national growth.
Nigerian Navy Disrupts Illegal Oil Operations, Apprehends 91 Suspects
The Nigerian Navy neutralized 48 illegal refineries and detained 91 suspects, successfully recovering 4.69 million litres of stolen oil during the second quarter of 2026.
Nigerian Naira Declines Against Dollar Across Major Markets
The naira recorded a decline in both the parallel and official exchange markets on Friday, driven by supply shortages and increasing demand.
Nigerian Government and Lawmakers Seek Private Sector Support for Humanitarian Crisis
Top government officials and the House of Representatives are urging faith-based and private organizations to collaborate on solving Nigeria's humanitarian challenges as economic hardship mounts.
President Tinubu mandates unified regulation for virtual assets and launches new oversight council
President Tinubu has issued an executive order to unify the regulation of virtual assets in Nigeria by creating a specialized council to improve oversight and protect the digital economy.