Akwete, Abia State — Nigeria’s First Lady, Senator Oluremi Tinubu, has renewed calls for greater public support for locally produced textiles, saying increased patronage of indigenous fabrics could stimulate industrial growth, expand employment opportunities, and strengthen the country’s manufacturing sector. Speaking during a visit to the renowned Akwete weaving community in Abia State on Tuesday, […]
Nigeria’s import duty waiver policy has come under renewed scrutiny after the Nigeria Customs Service (NCS) disclosed that import duty exemption certificates approved by the Federal Government reached an estimated N34 trillion in 2025—a figure that has sparked concerns over fiscal sustainability, transparency, and public accountability. The disclosure has prompted economists and financial experts to […]
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The story of the Dangote Refinery and Petrochemicals (popularly known as the Dangote Refinery) is not just about building Africa’s largest refinery—it is a case study on the unmatched strength of entrepreneurship and private sector innovation. Austrian economist Joseph Schumpeter (1883–1950) once defined entrepreneurship with two enduring statements: Schumpeter was more than a capitalist theorist; […]
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Peter Ameh, National Secretary of the Coalition of United Political Parties (CUPP), has openly criticized President Bola Tinubu’s administration, asserting that the President has dismantled the nation’s economic foundations within his two-year tenure. In a recent interview on Arise News, Ameh expressed concern over the abrupt removal of fuel subsidies, labeling the decision as insensitive […]
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Segun Adewale, a prominent figure within the Peoples Democratic Party (PDP) and former Lagos State chairman, has described former Vice-President Atiku Abubakar as the “messiah” Nigeria urgently needs to resolve its economic challenges. In a recent interview with the News Agency of Nigeria (NAN) in Lagos, Adewale firmly stated that Abubakar should not be dismissed […]
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El-Rufai Challenges Tinubu’s Administration Nasir El-Rufai, former governor of Kaduna State and a senior figure within the Social Democratic Party (SDP), has openly criticized the administration of President Bola Ahmed Tinubu. In an interview conducted by Deutsche Welle Hausa, El-Rufai claimed that Nigeria has been on a downward spiral since Tinubu assumed office in 2023. […]
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The Rise of Aba-Made Goods in Nigeria Former Nigerian President, Goodluck Jonathan, has praised the evolving reputation of Aba-made products, noting that what was once a source of ridicule has now become a mark of quality and innovation. Speaking during the University of Port Harcourt (Uniport) 1980s Alumni Reunion and Award Ceremony held in Umuahia, […]
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Omokri Says Obi’s Political Career Is What’s Truly Falling Apart In a heated political exchange, Reno Omokri, a vocal advocate for President Bola Tinubu, has criticized Peter Obi, the 2023 presidential candidate of the Labour Party (LP), for claiming that Nigeria is collapsing under the current administration. Omokri argued that it’s not the nation but […]
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The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has projected that Nigeria’s creative sector could generate up to $25 billion, following the completion of the National Arts Theater (NAT) upgrade. This historic edifice, refurbished by the Bankers Committee, is expected to serve as a major catalyst for economic growth through the creative […]
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Lagos, Nigeria’s economic hub, is facing an unprecedented rent crisis, with both high-end and affordable housing experiencing sharp increases in rental costs. The situation is exacerbating economic hardships for residents, impacting families, businesses, and commuting patterns across the city. Housing Shortage and Economic Reforms Driving Rent Increases Lagos has long struggled with a housing deficit, […]
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Bismarck Rewane, the highly regarded CEO of Financial Derivatives Company, is well known for his expertise in economic analysis. His insights are frequently sought after by leading media platforms. However, as seen in recent events, his statements can sometimes be taken out of context or misrepresented, leading to public misinterpretation. In a recent appearance on […]
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As Nigeria inches closer to the second anniversary of the 2023 elections, the political landscape is already heating up with speculations and maneuvers for 2027. Politicians and citizens alike are beginning to shift their focus toward the next presidential race, a testament to the dynamic nature of democracy. Northern Political Divide Over Tinubu’s Second Term […]
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Exploring Nigeria’s Energy Potential Adewale Tinubu, Group Chief Executive of Oando Plc, has highlighted the transformative potential of Nigeria’s energy sector, emphasizing the role of indigenous energy companies in taking over divested assets from International Oil Companies (IOCs). Speaking at the prestigious World Economic Forum (WEF) in Davos, Switzerland, Tinubu revealed that Oando Plc is […]
