Nigeria Economy

  • Details Of Shettima’s Meeting With Tinubu In Lagos Emerge0

    By Newsworld Vice President Kashim Shettima has visited President Bola Ahmed Tinubu in Lagos following the President’s return from the United States, where Shettima represented him at the 2026 United Nations General Assembly (UNGA). The visit was disclosed on Saturday by the Special Assistant to the President on Social Media, Dada Olusegun. Speaking after the

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  • Nigeria’s Foreign Reserves Cross $55bn, Hit Highest Level In 18 Years – CBN

    Nigeria’s Foreign Reserves Cross $55bn, Hit Highest Level In 18 Years – CBN0

    Nigeria’s foreign reserves have crossed the $55 billion mark, reaching their highest level in more than 18 years, according to Central Bank of Nigeria (CBN) Governor Olayemi Cardoso. Cardoso disclosed the development at a news conference in Abuja on Tuesday, following the 307th meeting of the Monetary Policy Committee (MPC). He attributed the reserve growth

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  • 2027: Sowore Promises ₦500,000 Minimum Wage, Vows To Restore Petrol Subsidy

    2027: Sowore Promises ₦500,000 Minimum Wage, Vows To Restore Petrol Subsidy1

    African Action Congress (AAC) presidential candidate Omoyele Sowore has promised to introduce a minimum monthly wage of ₦500,000 for Nigerian workers and restore petrol subsidy if elected president in the 2027 general election. Sowore, who is also the publisher of SaharaReporters, made the commitments in a post on his official X account on Monday. He

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  • NLC Makes Fresh Demand From FG Amid Petrol Price Hike

    NLC Makes Fresh Demand From FG Amid Petrol Price Hike1

    The Nigeria Labour Congress (NLC) has called on the Federal Government to urgently introduce measures to cushion the impact of the latest increase in petrol prices on workers and households across the country. NLC President Joe Ajaero said the rise in the pump price of Premium Motor Spirit (PMS), with prices reaching about ₦1,430 per

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  • Most Nigerians Who Are Hungry Are Lazy – Apena Of Egbaland

    Most Nigerians Who Are Hungry Are Lazy – Apena Of Egbaland0

    The Apena of Egbaland and Oluwo of Iporo-Ake, Alani Bankole, has stirred debate with his claim that Nigeria has abundant opportunities and that many people experiencing hunger are unwilling to work hard. The 85-year-old traditional chief made the remarks on Wednesday during a media interaction, where he discussed youth development, parenting, wealth creation and the

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  • Rising Transport Costs Push Nigerian Workers To Sleep In Offices

    Rising Transport Costs Push Nigerian Workers To Sleep In Offices0

    Rising transport costs are reportedly forcing some Nigerian workers to spend nights in their offices as they struggle to cope with the growing cost of commuting between home and work. Workers in major cities, including Abuja and Lagos, are said to be adopting the unusual arrangement as a way of reducing the amount they spend

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