Planned subsidy payments to 50m Nigerians offers below N10,000 each
The Nigerian government says it has obtained $800 million from the World Bank which it plans to use as support for poor citizens impacted...
27 states in Nigeria attracted zero foreign capital in 2022
Twenty-seven states attracted no foreign capital into Nigeria in 2022, according to government figures released Tuesday.
Nigeria recorded $5.3 billion as capital importation last year,...
Naira drops to record low on official market
Naira plunged to a new low against the United States dollar on Monday on the official market, according to data from the central bank-backed...
Economic crisis: Nigeria records huge foreign direct investment fall
Foreign direct investment into Nigeria decreased by a third in 2022 and fell massively from its peak in 2008.
- Key points to note
The National...
Nigeria’s ailing economy ends iconic brands Omo, Lux. And it’s big deal
Nigerians will no longer have the iconic products Omo and Lux in the market. Unilever Nigeria, the century-old consumer goods manufacturer, announced last week...