Economy

Latest Economy News

FG May Review Budget Amid US Tariff Hike

As part of effort to cushion the effect stemming from the United…

Oluwadara Akingbohungbe

PenCom Flags 26 States for Pension Non-Compliance, Workers at Risk

The National Pension Commission (PenCom) has issued a stern warning to 26…

Genesis Obong

Nigeria’s Debt Servicing Surges 68% to N13 Trillion, Fueling Economic Concerns

Nigeria's fiscal landscape is facing increasing strain as the nation's debt servicing…

Genesis Obong

Naira Plummets to N1,600: CBN Blames Global Economic Shifts, US Tariffs

The Nigerian naira has experienced a sharp decline, reaching approximately N1,600 to…

Genesis Obong

Tinubu’s Economic Adviser Defends Naira’s Local Strength: $1 Still Gets You a Meal in Nigeria

Despite the naira’s continued slide against the U.S. dollar, President Bola Tinubu’s…

Oluwadara Akingbohungbe

Nigeria’s Vice President Links Low Tax Revenue to Culture of Hidden Wealth

Vice President Kashim Shettima has pointed to widespread wealth concealment as a…

Oluwadara Akingbohungbe

Nigerian Naira Depreciates to ₦1,600 Against US Dollar in Official Market

The Nigerian naira experienced a significant depreciation today, falling to ₦1,600 per…

Oluwadara Akingbohungbe

NCS Rolls Out B’Odogwu System to Transform Trade Facilitation Nationwide

The Nigeria Customs Service (NCS) has taken a major step toward modernizing…

Oluwadara Akingbohungbe