Tag: Nigerian Economy

Cement Price Surge Deepens Nigeria’s Housing Crisis as Manufacturers Record Higher Profits

Rising construction costs are making homeownership harder for Nigerians, while the FCCPC…

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EFCC Threatens Prosecution Over Lawyers’ Foreign-Currency Fees

EFCC Threatens Legal Action Over Foreign-Currency Fees Charged by Lawyers The Economic…

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Tinubu Orders Banks to Shift Loans From Government to Businesses

President Bola Ahmed Tinubu has urged Nigerian banks to reduce their reliance…

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Nigerian Factories Still Borrow Above 30% Despite Modest Rate Decline

Nigeria’s manufacturing sector continued to face prohibitively expensive credit in 2025, with…

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Nigeria Ranks 56th Among World’s Poorest Countries in 2026

Nigeria has ranked 56th among the world’s 60 poorest countries in a…

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Nigeria Inflation Slows as Food Prices Keep Pressure on Households

Nigeria’s headline inflation rate is expected to continue easing in the coming…

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Rising Living Costs Put Fresh Pressure on Nigerian Households

Nigeria's cost-of-living crisis continues to put pressure on households as many Nigerians…

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NRS Reports ₦27.1tn Tax Revenue in Seven Months

Nigeria's tax collections rose to ₦27.1 trillion within the first seven months…

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Outstanding ₦35,000 Wage Award to Be Paid Before Mid-August, FG Says

The Federal Government has assured federal civil servants that the outstanding ₦35,000…

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Labour Gives Federal Government August 11 Deadline Over Unpaid Wage Award

The Nigeria Labour Congress (NLC) has given the Federal Government until August…

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