The presentation of Nigeria’s 2025 budget, labelled the ‘Budget of Restoration: Securing Peace, Rebuilding Prosperity,’ marks an ambitious step in the government’s efforts to restore economic stability and tackle the country’s deep-rooted challenges. With a record allocation of N49.7 trillion,…
The recent spate of stampedes in Abuja, Anambra, and Ibadan is not merely a series of isolated incidents but a stark reminder of the systemic failures that continue to plague Nigeria, particularly in relation to poverty, hunger, and the lack…
In recent years, Nigeria has faced significant economic challenges, with one of the most pressing issues being the restriction on employment at various levels of government. This policy, though likely intended to curb excesses in public spending, has had profound…
The recent announcement by the Minister of Power, Oloye Adebayo Adelabu, regarding Nigeria’s renewable energy investments provides a glimmer of hope for millions of citizens struggling with the country’s long-standing power supply challenges. Speaking at a workshop hosted by the…
The resurgence of artificial cash scarcity in Nigeria is exacerbating the severe economic difficulties already faced by citizens, particularly with the rising cost of goods and services. The recent cash rationing by banks has disrupted economic activities and made life…
In recent years, Nigeria has taken substantial strides in enhancing its business environment, aiming to attract both local and foreign investment. Under the leadership of President Bola Ahmed Tinubu, the government has committed to making the country an attractive investment…
As Nigeria enters the festive season, the nation faces an escalating cash crunch that threatens to disrupt the livelihoods of millions and undermine the country’s economic momentum. The ongoing shortage of cash, marked by severe withdrawal restrictions and systemic banking…
Touting, in its most damaging form, refers to the forceful extraction of money from commercial drivers by faceless individuals, often without providing any tangible service in return. This lawless practice has become a common feature in many Nigerian cities, with…
The alarming rise of illegal loan platforms and their connection to the notorious “one chance” operatives is a pressing issue that demands urgent attention. In a move to address the growing menace, the House of Representatives has called for the…
Nigeria’s public debt has reached alarming proportions, with the Debt Management Office (DMO) reporting a staggering increase of N12.6 trillion within just three months, bringing the total debt to N134.3 trillion (approximately $91.3 billion) by the end of the second…
