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economic crisis

28 Dec
The recent tragedies at charity gatherings in the country, have in a very stark way exposed the nation’s dire economic crisis. Desperation has caused many families to risk their lives for basic necessities, transforming charity events that were expected to court public goodwill  into deadly stampede scenes. A Christmas to remember for all the wrong…
3 Jun 2024
A chieftain of the New Nigeria People's Party (NNPP), Ambassador Olufemi Ajadi Oguntoyinbo, has called on President Bola Tinubu to accede to the Labour Leaders' request for a new minimum wage in the country to prevent economic collapse. Ajadi stated that the Labour Union's demand for a N494,000 minimum wage is reasonable given the current…
29 May 2024
The Prime Minister of the United Kingdom, Rishi Sunak, has advised Nigerians and other foreign students studying in Britain that success in life does not have to be achieved by going to higher education. Sunak, in a short tweet on Wednesday, said, “You don’t have to go to university to succeed in life.” While Sunak…
15 May 2024
Nigeria Development and Finance Forum (NDFF) has recommended 15 ways to achieve an impactful economy.
3 May 2024
Civil society organisations (CSOs) across West Africa have blamed worsening economic conditions, authoritarian civilian governments, imperialism, manipulation of election results, corruption and weak judiciaries for citizens’ preference for military rules, especially in West Africa.
19 Mar 2024
Nigeria is at a crossroads and Nigerians are trying to find the responses to an economic crisis and currency turmoil. Of course, all manner of symptoms keep appearing! 
26 Feb 2024
Nigeria’s economic situation has thrown up a big question – is the country at a crossroads or has a direction being taken? This stems from the lack of a clear-cut policy direction, leaving the economy in a free fall. The managers, on their part, appear like blind men groping in the dark as they search for the control board.
19 Feb 2024
Phrank Shaibu, spokesperson for former Vice President Atiku Abubakar, has ignited a firestorm by accusing the Nigerian government of secretly reinstating petrol subsidies. This accusation, coupled with the government's deafening silence on the matter, has raised concerns about financial mismanagement and potential corruption. Shaibu's alarm bells, according to various reports, began ringing after reports emerged…

Latest

2 mins ago
Russia has arrested four teenagers on suspicion of planning a "terror" attack on the city of Yekaterinburg, Russian state
7 mins ago
Russia vowed on Saturday to retaliate after it accused Ukraine of firing US-supplied ATACMS missiles at the border region
12 mins ago
Mrs Clara Bamisile, Chairperson of Oye Local Government Area in Ekiti, has urged landlords to provide decent toilets for their tenants to eliminate open defecation. Bamisile gave the advice in an interview with the News Agency of Nigeria (NAN) on Saturday in Oye-Ekiti. She said it was disheartening that some owners of houses in the…
13 mins ago
Malaysia said Saturday it expelled two boats ferrying about 300 undocumented migrants from Myanmar from the country's waters.
20 mins ago
Russia vowed on Saturday to retaliate after it accused Ukraine of firing US-supplied ATACMS missiles at the border
20 mins ago
President Bola Tinubu on Saturday arrived Enugu State on his first state visit and inaugurated some completed projects embarked by the administration of Gov Peter Mbah. The News Agency of Nigeria (NAN) reports that some of the projects the President inaugurated included 30 of the 260 Smart Green Schools, 60 completed Type 2 Primary Health…
30 mins ago
Five civilian volunteers with the army in Burkina Faso were killed in an attack this week in the west of the country
32 mins ago
Nigerian music superstar David Adeleke, popularly known as Davido, has chosen to steer clear of online drama, opting instead to share a family photo featuring himself and his billionaire father, Adedeji Adeleke. The 32-year-old singer on Friday, January 3, 2025 shared a serene moment with family members dressed in coordinated light blue attire. The photo…
33 mins ago
The Governor of Osun State, Ademola Adeleke, has warned against acts of lawlessness after the palace of the Ajeniji of Hallelujah was razed and the monarch Oba Jelili Olaiya attacked. The attack happened in reaction to the installation of an Imam by the monarch. Photos from the scene of the incident showed damaged plastic chairs…
38 mins ago
The Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji, has said he has no plan to contest the 2027 Oyo State governorship election. Speaking at the New Year service of his church in Iwo Ate, Ogo-Oluwa LGA of Oyo, on Thursday, said he had done his bid in Oyo when he served commissioner for finance…