Economy
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Nigeria’s Lithium Rush: How Artisanal Miners Are Cashing In on the ‘New Oil
By DAYO ADESULU The Rise of Artisanal Lithium Mining in Nigeria In the heart of Nasarawa State, 31-year-old Abdullahi Ibrahim…
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Nigerian Petroleum Marketers Face Surging Borrowing Costs Amid High Inflation
By DAYO ADESULU Nigeria’s leading petroleum marketers have recorded a staggering rise in bank borrowing, with loans surging by 76.5%…
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Nigeria’s Economy in Crisis: Governor Fintiri Criticizes Federal Policies
By DAYO ADESULU Governor Fintiri: “Nigerians Are Suffering Due to Failing Economic Policies” The Governor of Adamawa State, Ahmadu Fintiri,…
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Nigeria’s Diaspora Remittances Jump 79.4% in 2024, Reaching $4.18 Billion
CBN Governor Highlights Policy Success at Monetary Policy Forum Diaspora remittances through International Money Transfer Operators (IMTOs) surged to $4.18…
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Telecom Tariff Hike: NATCOMS Moves to Court as NCC Rejects Appeal for Reduction
By DAYO ADESULU The National Association of Telecommunications Subscribers (NATCOMS) has announced plans to take legal action against the Nigerian…
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CBN Governor Warns: Inflation Could Have Hit 42.81% Without Key Policy Measures
By DAYO ADESULU ABUJA, NIGERIA — The Central Bank of Nigeria (CBN) has revealed that without its policy interventions, inflation…
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Nigeria’s Instant Payment Transactions Hit Record N1.07 Quadrillion in 2024
By DAYO ADESULU Nigeria Sees Unprecedented Growth in Digital Payments The Nigeria Inter-Bank Settlement System (NIBSS) has reported a massive…
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Nigeria Secures $1.1 Billion AfDB Loan to Boost Electricity Access by 2026
By DAYO ADESULU The Federal Government has secured a $1.1 billion loan from the African Development Bank (AfDB) to provide…
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Nigeria’s Maritime Sector Can Generate Over $40bn Annually — NIMENA Chairman
By DAYO ADESULU The Chairman of the Nigerian Institution of Marine Engineers and Naval Architects (NIMENA), Eferebo Sylvanus, has highlighted…
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FG Approves N4bn Conditional Cash Transfers and N2bn Interest-Free Loans to Vulnerable Nigerians
By DAYO ADESULU The Federal Government of Nigeria has approved N4 billion for conditional cash transfers to vulnerable households and…
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