Economy
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National Assembly Questions Budget Infractions in Ministry of Steel Development, Recommends Forensic Audit
By DAYO ADESULU The National Assembly’s Joint Committee on Steel Development has raised concerns over alleged breaches of procurement laws…
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FG Responds to Emir Sanusi’s Remarks on Economic Reforms
By DAYO ADESULU The Federal Government has addressed recent comments by the Emir of Kano, Muhammadu Sanusi II, regarding the…
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Sanusi Criticizes Tinubu Administration’s Economic Policies, Declines to Offer Advice
By DAYO ADESULU The Emir of Kano, Muhammadu Sanusi II, voiced strong criticisms of President Bola Tinubu’s handling of Nigeria’s…
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Nigeria’s Oil Production Rises Despite Challenges
By DAYO ADESULU Year-on-Year Increase in Production Nigeria’s daily average oil production rose by 7.38% in December 2024, reaching 1.667…
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Nigeria Earns Only 5% of Revenue From Crude Oil Exports
By DAYO ADESULU Despite being Africa’s largest producer of crude oil, Nigeria generates a mere 5% of the total revenue…
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CBN Claimants Allege Breach of Fair Hearing, Labour Laws, and Contractual Rights in Mass Layoffs
By DAYO ADESULU Key Developments Disengaged staff members of the Central Bank of Nigeria (CBN), terminated during a mass layoff…
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CBN’s Mass Retirement Sparks Call for Fairness from Arewa Youths
By DAYO ADESULU Concerns Over Federal Character Principle and Targeting of Northern Employees The Arewa Youth Assembly has urged the…
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Cash Crisis Deepens Across Northern Nigeria as Christmas Nears
By MOHAMMED DANBABA Residents in Kaduna, Kano, and Katsina States are grappling with an acute cash shortage just weeks before…
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NPA MD Calls for Increased Investments to Keep Nigerian Ports Competitive
By DAYO ADESULU The Managing Director of the Nigerian Ports Authority (NPA), Abubakar Dantsoho, has emphasized the need for increased…
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NGX Declines as CBN’s Interest Rate Hike Dampens Investor Sentiment
The Nigerian Exchange Limited (NGX) closed last week in the red, as the stock market responded negatively to the Central…
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