Browsing Tag
Nigeria Economy
56 posts
Wike asserts Abuja is evolving into Nigeria’s premier investment hub
FCT Minister Nyesom Wike has declared that Abuja is rapidly becoming Nigeria's most investor-friendly city, citing improved infrastructure, digital governance reforms, and a firm crackdown on fraudulent land practices.
Enenche Enenche: Validating the viewpoints of both President Tinubu and Cardinal Onaiyekan
Analyzing the meeting between President Tinubu and Cardinal Onaiyekan, it becomes clear that both the advocate for the suffering and the leader implementing reform offer essential perspectives for Nigeria's future.
Naira Value Fluctuates Across Official and Informal Markets
The naira saw mixed results on Tuesday, dropping in the parallel market while gaining value in the official Nigerian Foreign Exchange Market.
Vice President Shettima Backs Tinubu’s Economic Reforms
Vice-President Kashim Shettima argues that President Tinubu's economic policies have successfully grown foreign reserves and attracted new investment, meriting praise rather than criticism.
Lagos ports set to receive 39 incoming vessels
The Nigerian Ports Authority plans for the arrival of 39 vessels carrying food, fuel, and industrial goods at Lagos ports by the end of the week.
Soludo Claims Debt-Free Governance, Highlights Economic Recovery
Anambra State Governor Charles Soludo asserts his administration has incurred no debt and urges Nigerians to prioritize local goods to stimulate massive job creation.
Naira Maintains Stability Against Dollar on August 3, 2026
The Nigerian naira remained stable against the dollar on August 3, 2026, with the official rate at ₦1,368 and the parallel market selling rate at ₦1,425.
Umahi Pledges Completion of All Federal Road Projects Under Tinubu
Minister David Umahi promises that all federal infrastructure projects will be completed under President Tinubu's leadership, citing significant economic benefits and regional progress.
Dangote and Sinoma Ink $800 Million Deal to Double Itori Cement Capacity
Dangote Industries and Sinoma have committed $800 million to expand the Itori Cement Plant, doubling its annual production capacity to 12 million metric tonnes to serve local and export markets.
Onaiyekan: President Tinubu Disagreed with Bishops Regarding Nigeria’s Economic and Security Status
Archbishop Emeritus John Onaiyekan revealed that President Tinubu rejected the Catholic Bishops' concerns regarding the economy and security during a recent meeting at the Presidential Villa.