Tag: Economy

Government Focuses on Food Production, Not Price Controls, to Combat Inflation

The Nigerian government has shifted its focus from price controls to increased…

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Trade War Looms: EU Prepares Firm Response to Trump’s Steel and Aluminum Tariffs

The European Union is bracing for a potential trade war with the…

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Tariffs Throw a Wrench in Ford’s Plans – CEO

The spectre of escalating trade tensions continues to haunt the American auto…

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MOFI Launches N100 Billion Series 2 Real Estate Fund, Opens Doors to Private Investors

The Nigerian government, through the Ministry of Finance Incorporated (MOFI), has taken…

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Meta Platforms Announces New Round of Layoffs in Africa, Europe, and Asia

Facebook parent firm Meta Platforms stated Friday that it will be implementing…

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Lagos State Partners with Summa Group for Lekki-Epe International Airport Development

The Lagos State Government has taken a significant step towards realising the…

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ICYMI: 2025 Budget: NACCIMA Warns of Economic Storm Clouds Gathering Over Nigeria

The Nigerian Association of Chambers of Commerce, Industries, Mines, and Agriculture (NACCIMA)…

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Nigeria’s Per Capita Income Plummets Again, Exacerbating Poverty Crisis

Nigeria's per capita income has once again declined, falling to a pitiful $835.49 in 2025, according to a sobering new analysis from the International Monetary Fund (IMF). Millions of Nigerians' already precarious living circumstances are being further undermined…

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