The naira fell from about ₦460 to over ₦1,600 per dollar in just two years and this has left many Nigerians worried.  rFood is more expensive, imports cost a fortune, and even basic services have become harder to afford. But amid the daily struggles, could there actually be some benefits hidden in this sharp depreciation?

Over 50,000 Nigerians have tested positive for tuberculosis in recent months. Thanks to a nationwide screening campaign backed by the Global Fund and government partners, more Nigerians are now being tested for TB than ever before.  But while early diagnosis is a good thing, it has also exposed a painful truth, Nigeria is still struggling

Former Labour Party presidential candidate Peter Obi has officially declared his intention to run for Nigeria’s presidency in 2027. He vowed that, if elected, he would serve only one term and restore stability to the nation within two years. Speaking to supporters during a live audio chat on X (formerly Twitter) on Sunday, Obi also

Nigeria’s debt crisis is deepening, with new figures showing a troubling rise of ₦4.72 trillion in just the first quarter of 2025. This brings the country’s total national debt to a staggering ₦149.38 trillion, up from ₦144.67 trillion recorded at the end of 2024.  Behind the numbers lies a worrying trend: consistent borrowing to fill

The Comptroller-General of the Nigeria Customs Service (NCS), Mr Bashir Adewale Adeniyi Your browser does not support the video tag. This War is Long Overdue By Tahir Ahmad, It is nothing short of a full out war — a determined campaign against fuel smugglers and economic saboteurs. For years, Nigeria has battled a fuel smuggling

Editors Pick Adesina Named 2025 Distinguished Economic Leader by U.S. Corporate Council on Africa The President, African Development Bank, Dr Akinwumi Adesina ‎Adesina Named 2025 Distinguished Economic Leader by U.S. Corporate Council on Africa ‎ ‎ ‎The U.S. Corporate Council on Africa has honored the President of the African Development Bank (AfDB), Dr. Akinwumi Adesina

Monetary CBN Reports $3.73bn Current Account Surplus for Nigeria in Q1 2025 Central Bank of Nigeria ‎‎CBN Reports $3.73bn Current Account Surplus for Nigeria in Q1 2025 Your browser does not support the video tag. ‎ ‎ ‎The Central Bank of Nigeria (CBN) has reported a current account surplus of $3.73 billion for the first

Udinese and Super Eagles goalkeeper Maduka Okoye is at risk of a four-year ban after Italian authorities referred him to the disciplinary commission on charges of alleged sporting fraud. The 25-year-old Nigerian international came under investigation following suspicions that he intentionally received a yellow card for time-wasting during Udinese’s 2-1 victory over Lazio in a

Former UFC middleweight champion Israel Adesanya has officially joined the Ultimate Fighting Championship (UFC) Hall of Fame. The Nigerian-New Zealand star was honoured at a special ceremony at the T-Mobile Arena in Las Vegas, where he was inducted into the UFC’s prestigious Fight Wing. Adesanya, 35, received the accolade for his legendary 2019 bout against

President Bola Tinubu has introduced a new tax reform that is set to change how Nigerians earn, spend, and contribute to government revenue. The law comes after months of planning and debate, aims to simplify Nigeria’s chaotic tax structure, ease pressure on low-income earners, and ensure the wealthy pay a fairer share. If you think

Nigeria is mourning the loss of one of its most respected elder statesmen and philanthropists, Alhaji Aminu Alhassan Dantata, who passed away in the early hours of Saturday, June 28, 2025. He was 94 years old. Dantata, a revered figure in the business and philanthropic circles, had just celebrated his 94th birthday on May 19.

The World Bank Nigeria, Conflict-Affected Economies Face Growing Extreme Poverty Crisis – World Bank  Your browser does not support the video tag. The World Bank has warned that extreme poverty is growing rapidly in Nigeria and 38 other economies affected by conflict and instability, worsening hunger and pushing development goals further out of reach. The