acronomy

Fashola: Nigeria In Darkness Because Incompetent People Manage The Economy

During the 7th Bola Ahmed Tinubu Colloquium, Babatunde Fashola, the then Governor of Lagos state described those handling the Nigeria's power sectors as incomptent people. Fashola said: "We have darkness because our Economy is managed by ‪incompetent‬ and

Tinubu trying to fix economy Buhari destroyed - Reno Omokri

A former presidential aide Reno Omokri has accused former President Muhammadu Buhari of destroying Nigeria's economy during his eight years in office. At the end of Buhari's tenure in May 2023, Nigeria's debt had almost doubled from 18 per cent to 35 per cent

Rivers crisis: How the Fubara-Wike feud threatens Nigeria's economy

Nigeria's fragile economic recovery now faces an unexpected threat. Not from global headwinds or weak oil prices-but from a power struggle in Rivers State. "Any significant disruption would not only cut oil production but also damage Nigeria's export earnings

US: CPPE explains how Trump's tariff will impact Nigerian economy

The Centre for the Promotion of Private Enterprise has explained that the shocks of United States of America President Donald Trump's administration's current tariff war may have limited impact on Nigeria's economy. The chief executive officer of CPPE, Dr

BBNaija's Anto Lecky appointed Edo SSA on Tourism, Creative Economy

Governor Monday Okpebholo of Edo State has appointed Munirat Anto Lecky, a former Big Brother Naija housemate, as Senior Special Assistant, SSA, on Tourism and Creative Economy. Her appointment, effective from June 23, 2025, was confirmed through an official

Catalonia Dares Spain, Threatens to Declare Independence If its Autonomy is Suspended

Catalonia's regional president, Carles Puigdemont told a meeting of his party he would formally declare independence if Spain starts the process of suspending the region's autonomy on Thursday, a Catalan government source said on Wednesday. Madrid has given

FG drags 36 Governors to Supreme Court, seeks full autonomy for LGAs

The Federal Government has instituted a legal action against the Governors of the 36 States of the Federation at the Supreme Court over alleged misconduct in the administration of Local Government Areas, LGAs. FG, in the suit marked: SC/CV/343/2024, which

Emefiele: EFCC witness admits currency redesign was good for the economy

The Economic and Financial Crimes Commission (EFCC) witness and former Acting Governor of the Central Bank of Nigeria (CBN), Mr. Folashodun Shonubi, acknowledged during cross-examination by lead defense counsel Mr. Olalekan Ojo (SAN) that the objectives of

'Atiku will jail looters and revamp the economy' - PDP

The Peoples Democratic Party (PDP) says its Presidential candidate, Atiku Abubakar, is set to revamp the nation's economy through the creation of qualitative employment for the youths. The party says its candidate will also implement the political and economic

US: California becomes world's 4th largest economy, overtakes Japan

US state, California, is now the fourth largest economy in the world, surpassing Japan. Governor Gavin Newsom announced this on Thursday as the state's nominal GDP reached $4.1tn, according to data from the International Monetary Fund and the US Bureau of

LG Autonomy: S-Court gives governors 7 days to respond to FG's suit

The Supreme Court, on Thursday, ordered the Governors of the 36 States of the Federation, to within seven days, enter their defence to the suit the Federal Government filed to secure full autonomy for the 774 Local Government Areas, LGAs. The order followed

Fayose Launches Fresh Attack on Buhari over Comments on Nigerian Economy

The Ekiti State Governor, Ayodele Fayose, has described President Muhammadu Buhari's latest comment that he was pleased with Nigeria's economic situation as another pointer to the fact that he has lost touch with the economic realities in the country, Punch

Oil Theft greatest threat to Nigeria's Economy - House Speaker Abbas

The Speaker of Nigeria's House of Representatives, Hon. Tajudeen Abbas has inaugurated a Special Ad Hoc Committee on oil theft to investigate the growing spate of pipeline vandalim as well as illegal oil bunering and theft in thd country. The Speaker, in his

Economy: Nigerians no longer accommodate relatives as cost of living soars

The era where people take in young relatives, raising them along with their children is gradually coming to an end. The limited purchasing power of every Nigerian at the moment fuels that. It has reduced living standards and Nigerians are becoming conscious

"People are suffering" - Simi bemoans state of the Nigerian economy

Nigerian singer, Simisola Kosoko, better known as Simi has lamented the suffering of ordinary Nigerians as a result of the declining economy. On the microblogging platform, X, Simi expressed her indignation at the suffering of people in the country. The vocalist

Multichoice blames economy as DStv subscribers in Nigeria decline by 18%

African Pay-TV operator, Multichoice Group, has blamed Nigeria's harsh economic condition as active DStv subscribers in the country declined by 18%. The company stated this in its financial result for the year ended March 31, 2024. It said the decline in Nigeria

Woman sparks emotions after picking discarded roadside tomatoes amid tough economy

A Nigerian woman sparked emotional reactions after she was seen picking discarded tomatoes from the roadside, amid the nation's harsh economic conditions. This incident was captured in a viral video on the popular social media platform X, formerly known as

France is attempting to ruin Mali's economy - Assimi Goïta alleges

Assimi Goïta, the transitional president of Mali has accused the French of trying to undermine the country's current administration. The president alleged that France has been printing counterfeit CFA franc notes to damage Mali's economy. As a result, he called