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Nigeria's young workforce presents a significant opportunity for job creation, which can lead to quality employment. Focusing on decent work can harness this demographic advantage for economic growth.
IATA forecasts a 50% drop in airline profits by 2026, attributing this to conflicts in the Middle East and escalating fuel prices. The prediction highlights significant challenges facing the aviation industry in the coming years.
The Nigerian Navy says its operatives under Operation Delta Sentinel have intercepted over 135,000 litres of suspected illegally refined Automotive Gas Oil (AGO) during separate operations in Rivers State waterways. The post Navy intercepts over 135,000 litres of suspected stolen...
The naira remains undervalued by more than 13 percent despite extensive foreign exchange reforms and recent stability in the currency read more Naira undervalued by 13% despite FX reforms, says Rewane
By Omeiza Ajayi ABUJA: Constant blackouts and inadequate grid supply are costing Nigeria approximately ten per cent of its Gross Domestic Product (GDP) annually, according to an economic brief released by a financial expert, Martins Itua. Mr Itua, the Director of Arthur ...
OPEC+ has announced an increase in oil output targets by 188,000 barrels per day for July. This decision reflects the group's strategy to adjust production levels in response to market demands.
OPEC+ has decided to raise oil production quotas by 188,000 barrels per day for July. This adjustment is intended to enhance market stability amid rising prices.
We often ask what kind of country we will leave for the next generation. Perhaps the more important question is what kind of opportunities we will leave for them. Each of us can answer that question. By mentoring one person. By opening one door. By supporting one dream. By invest...
Troops of Operation ENDURING PEACE have foiled multiple kidnapping attempts and rescued several victims in coordinated operations carried out across read more Troops foil kidnap attempts, rescue victims in Plateau, Kaduna
Yemi Kosoko in Jos In a string of coordinated security operations spanning 48 hours, troops under Operation ENDURING PEACE have thwarted several kidnapping attempts, rescued multiple victims, and launched intensive
Globally, the World Health Organisation (WHO) estimates that 600 million annual cases of foodborne illness cause 420,000 deaths. This burden extremely affects vulnerable populations, with children under five suffering 40 per cent of the disease burden, leading to preventable d...
Rising cooking gas prices have led FCT residents to revert to using charcoal and firewood for cooking. This shift highlights the economic pressures faced by households and businesses in the region.
Abuja residents are increasingly using firewood and charcoal for cooking as the price of gas reaches N2,000 per kg. This shift highlights the economic strain on households due to rising fuel costs.
The implementation of the fourth edition of the Foreign Exchange Manual by the Central Bank of Nigeria (CBN) was recently read more CBN’s new FX manual to raise dollar liquidity, enhance market confidence
Although the figure was higher than the $120,000 recorded in the first quarter of 2025, it remained one of the smallest inflows recorded among the sectors tracked by the report. The post Q1 2026: Oil & gas attracts the smallest share of Nigeria’s capital inflows, says NBS a...
…U.S. value exceeds combined total of next nine markets The United States remains the undisputed leader of global equity read more Top 10 largest stock markets in the world
APC chieftain Joe Igbokwe alleges hostility at Ladipo Market was politically motivated due to his outspoken views and affiliation with the APC.
Cooking gas prices have surged to N2,000 per kg, prompting concerns from HURIWA about the economic impact. The organization criticizes the government's inaction, labeling the situation as 'economic cruelty.'
Nyesom Wike attributes Nigeria's economic challenges to failures in leadership while exonerating President Tinubu from blame. He emphasizes that strong institutions are essential for the country's development.
Nigerian insurance firms experienced a 9.9% decline in revenue, totaling N228 billion, despite showing improved profit growth. This mixed performance highlights ongoing challenges in the industry.
Banks have fresh capital, but businesses still lack credit. Can that change? Festus Akanbi asks Nigeria’s banking sector has emerged from one of the most ambitious recapitalisation exercises in its history, raising
Nigerian real estate developers face challenges due to rising insecurity and the withdrawal of police escorts. This situation disrupts project delivery and contributes to higher housing costs.
Nigerian workers are increasingly converting their offices into home workspaces due to rising transport costs. This trend is impacting their health and sleep as they prioritize cost-saving measures.
NGX Group CEO, Temi Popoola, highlights inclusive wealth creation as vital for Nigeria’s capital market growth and long-term economic strength. Discover ho
Nigeria's rapid population growth poses significant challenges for its healthcare system, including facility shortages and a lack of medical professionals. However, this demographic shift also presents potential opportunities for economic growth and development.
NLC spokesman Benson Upah argues that Nigerian workers should not suffer due to government inefficiency and deserves a N1m minimum wage. He highlights the economic hardships faced by workers as a key reason for this demand.
Nigeria's economic growth is hindered by poor transportation infrastructure. Strategic investments and regulatory reforms are essential to unlock the country's full economic potential.
As a young Mass Server (or altar boy as they are called these days) at St. Christopher’s Catholic School on Ikot-Ekpene Street, near the famous Mile 1 market in the Diobu area of Port Harcourt, one song I loved so much in my Hymn Book back then was ‘When the roll is called up...
French President Emmanuel Macron has launched a €23 billion investment initiative aimed at boosting partnerships with Africa. This funding will focus on key sectors such as energy, agriculture, and digital technology.
Africa's stock markets are expected to show strong performance by 2026, driven by improving economic conditions. The report highlights the ten largest stock markets on the continent for that year.