The Oba of Benin, Ewuare II, appeals for the postponement of the nationwide protest scheduled for August 1, 2024, to allow the Federal Government time to implement economic strategies.
Nigerian economy
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Femi Otedola urges Nigerians and the government to support Aliko Dangote, emphasizing his pivotal role in the nation’s economic development and infrastructure growth.
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Nigeria’s inflation remains high at 34.19%, with the CBN contemplating another interest rate hike as food inflation and economic pressures persist.
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The Dangote Refinery is set to commence petrol production in August, following the resolution of crude supply issues, marking a significant milestone for Nigeria’s oil sector.
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The Nigerian naira plummets to a record low of N1507.83 to the dollar, highlighting economic challenges and sparking concerns over inflation and cost of living.
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Nigerians celebrate Sallah amid economic hardship and rising food prices, with many families finding ways to keep the festive spirit alive through community support and prayer.
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President Tinubu’s first year marked by economic hardships and insecurity, with reforms failing to deliver promised benefits and citizens left struggling.
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Nigeria extends the PEBEC Regulatory Reform Accelerator by 30 days to finalize critical reforms, aiming to improve the business environment and attract investments.
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Nigerian labor unions’ wage demands could cost the government over N11 trillion annually, leading to intense negotiations and economic concerns
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The EFCC has directed foreign missions in Nigeria to exclusively use the Nigerian naira for all transactions, aiming to strengthen the currency and reduce dollar dependency.
