Nigeria is facing a potential crisis in its aviation sector as some foreign airlines are threatening to stop their services to the country over unpaid funds. The airlines claim that …
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Nigeria, Africa’s largest economy, is set to bounce back from the challenges posed by the COVID-19 pandemic and other shocks in 2024, according to the country’s Budget and Economic Planning …
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Nigeria’s President Bola Tinubu has suspended Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, over allegations of diverting public funds into a personal bank account. The scandal has …
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In a surprising move that has sent shockwaves through Nigeria’s banking sector, the Central Bank of Nigeria (CBN) has dismissed the boards of four major banks. The banks affected are …
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Nigeria’s customs service has announced a new partnership with the African Continental Free Trade Area (AfCFTA) secretariat to improve trade facilitation and reduce barriers to trade across the continent. The …
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Nigeria’s president has ordered an immediate suspension and investigation of the minister of humanitarian affairs over allegations of diverting public funds into a private account. Betta Edu, the minister of …
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Nigeria’s export sector is set to receive a major boost as the Nigerian Aviation Handling Company (NAHCO) Plc announced a N1 billion investment in an export processing center in Lagos. …
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The Federal Government of Nigeria has announced a series of initiatives to combat the soaring food inflation in the country. The Minister of Agriculture and Food Security, Sen Abubakar Kyari, …
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In a striking reflection of the economic challenges faced by Nigerians, staple foods such as rice and pasta have seen sales plummet to a five-year low, as rampant inflation renders …
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Nigeria’s manufacturing sector faces a bleak outlook for 2024 as the persistent instability of the naira and the rising cost of production hamper its growth prospects. Experts warn that unless …
