Nigerians languish in poverty as inflation rises unfettered under Tinubu
Nigeria’s untamed inflation rates have become persistent nightmares for the citizens. President Bola Ahmed Tinubu’s reign has been hellish for the masses in the last six months as hardship, Naira depreciation, and insecurity have put the nation on a precipice….
Nigeria’s External Reserves Fall By $915m After Currency Float
Nigeria’s external reserves dropped by $915 million after the Central Bank of Nigeria officially floated the Naira and liberalised the foreign exchange market. Report from CBN data obtained on Sunday showed that the reserves, which stood at $34.66bn as of…
CPPE Projects Rebound Economic Outlook For Nigeria In Medium, Long Term
The Centre for the Promotion of Private Enterprise has projected a rebound of Nigeria’s economy in the medium to long term. Report has it that the Director of CPPE, Dr Muda Yusuf disclosed this on Sunday in a statement while…
Provide Incentives For Investment In Nigeria – Tinubu Urges U.S. Govt
President Bola Ahmed Tinubu has urged the U.S. government to provide incentives for its investment in Nigeria. Report has it that Aguri Ngelale, Special Adviser to the President on Media and Publicity, disclosed this on Saturday in a statement after…
Sen. Oluremi Tinubu , First Lady assures Nigerians that His Husband’s Administration means well for Nigerians
The First Lady, Senator Oluremi Tinubu has assured Nigerians that the administration of President Bola Tinubu means well for the country despite the hardship being experienced by many Nigerians as a result of the removal of petrol subsidy. Senator Tinubu…
Tinubu Targets 11,500 Gas-Powered Vehicles In New Initiative
President Bola Ahmed Tinubu has approved the establishment of the Presidential Compressed Natural Gas Initiative (PCNGI) to facilitate nationwide adoption of gas-powered vehicles. Report has it that the Special Adviser to the President (Media and Publicity), Ajuri Ngelale, in a…
Tinubu’s Ministers Can’t Perform Magic, Yam Will Cost N4000, Garri, N500 – Primate Ayodele
The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has warned about an increase in the price of food items in the next three months. Primate Ayodele warned that the price of Yam will cost N4000 while a cup…
Fix Economy In Three Months Or Nigerians’ll Shut Down Country – Primate Ayodele Warns Tinubu
The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has warned that Nigerians will shut down the country if President Bola Ahmed Tinubu fails to address the economic hardship in the next three months. He explained that individuals will…
Poverty, Insecurity To Worsen Over Exodus Of Businesses, Investments From Nigeria – NECA
The Nigeria Employers’ Consultative Association (NECA) has said unemployment and insecurity may worsen over the mass exodus of businesses and investment from the country. Report has it that the Director-General, Mr Adewale-Smatt Oyerinde, disclosed this in a statement on Wednesday….
Tension Heightens Over CBN Interest Rate Hike Amid Hardship
Financial experts are not at ease with some of the economic policies of President Bola Ahmed Tinubu. From fuel subsidy removal to Naira floating and the current Monetary policy rates hike from 18.5 per cent to 18.75 per cent, Nigerians…