Browsing Tag
Economy
272 posts
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.
Nigerian Naira Exchange Rate Analysis: July 17, 2026
The Nigerian naira remained stable against the dollar on July 17, 2026, as the official exchange market shows minor fluctuations while analysts await the upcoming Central Bank policy meeting.
Andy Burnham to unveil vision for Britain as incoming Labour leader
Andy Burnham is poised to take over as prime minister on Monday, promising a new economic direction and increased local empowerment for the UK.
Uncovering Nigeria’s Root Challenge: Moving Beyond Conventional Narratives to the AUTOSUCOM Model
Nigeria’s primary challenge is not merely poverty, but a structural lack of community-level sustainability that triggers economic displacement and forced migration.
Questioning the Role of Government in Nigerian Hardship
Adekunle Adekoya reflects on the growing economic frustration in Nigeria, citing rising fuel prices, food inflation, and deteriorating infrastructure, while questioning the lack of effective government intervention.
Fuel prices climb at various Nigerian retail outlets
Several Nigerian petrol stations have raised their fuel prices by up to N50 per litre, even as other retailers maintain current rates following shifts in ex-depot costs.
Nigerian Government and UNDP Partner to Boost Sovereign Credit Rating
Nigeria has launched a collaborative effort with the UNDP to improve its sovereign credit rating, aiming to reduce borrowing costs and better align its credit profile with current economic reforms.
Experts and Civil Society Organizations Criticize Four Decades of SAP Privatization in Nigeria
Economists and civil society leaders gathered in Abuja to condemn the long-term impacts of the Structural Adjustment Programme, arguing that reliance on privatization has hindered Nigeria’s development.
World Bank Report Indicates 79 Percent of Nigerians Struggle with Poverty Under Tinubu’s Reforms
A World Bank report finds that 79 percent of Nigerians remain impoverished or vulnerable despite recent economic reforms aimed at stabilizing the nation.
Nigerian factories sacrifice margins to move N2 trillion in stock
Facing stagnant demand and high operating costs, Nigerian manufacturers are selling goods below production costs to clear N2 trillion in excess inventory.