Tag: Nigeria economy

Rising Diesel Costs Push Housing Prices Higher as Global Crisis Hits Nigeria’s Real Estate Sector

Nigeria’s real estate sector is facing fresh pressure as rising diesel prices…

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Nigeria Seeks $1.25bn World Bank Loan as Debt Hits N160tn Projection Amid Reform Push

The Federal Government is seeking a fresh $1.25bn loan from the World…

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NBS: Price of 50kg Bag of Local Rice Jumps 20.5% to N112,000

The National Bureau of Statistics says the average price of a 50kg…

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Naira Appreciates Across Markets, Gap Widens Slightly

The Nigerian currency strengthened on Tuesday, appreciating to N1,382 per dollar in…

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FG Moves to Settle Contractors’ Debts, Boost Confidence in Economy

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele,…

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Sanwo-Olu Approves ₦50,000 Relief Package for Lagos Workers Amid Hardship

Babajide Sanwo-Olu has approved a ₦50,000 relief payment for workers in Lagos…

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Nigeria’s infrastructure spending projected to hit $40bn annually by 2050 – PwC

Nigeria’s infrastructure investment is projected to rise significantly over the next two…

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Enugu records N101.8bn revenue, N43.9bn IGR in Q1 2026

Enugu State has recorded a strong fiscal performance in the first quarter…

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Tinubu Approves Abuja Land for Foreign Envoys as Wike Pushes Investment Drive

The Federal Capital Territory (FCT) Minister, Nyesom Wike, has announced that President…

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Taiwo Oyedele Assumes Office as Nigeria’s Finance Minister

Taiwo Oyedele has officially assumed office as Nigeria’s Minister of Finance and…

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