2+ hour, 53+ min ago   (331+ words) Food inflation and unreliable electricity are forcing Nigerians to rethink how they buy, preserve and consume food, placing fresh strain on already stretched household budgets.Residents, traders and an economist rising prices and power cuts were changing spending habits and…...

5+ day, 47+ min ago   (407+ words) The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has called for a major shift in Nigeria’s fiscal governance, urging policymakers to move beyond revenue generation and focus on efficient resource allocation, transparency, and accountability as critical drivers of sustainable economic…...

5+ day, 1+ hour ago   (929+ words) Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), otherwise known as the benchmark interest rate, at 26.5 per cent, citing heightened global uncertainties and the need to sustain the gains recorded in the fight against inflation. “The…...

1+ week, 3+ day ago   (575+ words) GDP also overlooks an important economic reality. People must consume certain essentials simply to survive, regardless of how little they earn. Economists call this autonomous consumption. GDP records total consumption but does not distinguish between spending driven by rising incomes…...

1+ week, 3+ day ago   (186+ words) New National Star Vice President Kashim Shettima has asserted that Nigeria has no business being poor. Shettima spoke while delivering a keynote address at the Agric, Development and Investment Summit in Abuja. He recalled how Indonesia’s revenue from oil palm…...

2+ week, 6+ day ago   (253+ words) The Nigeria Employers’ Consultative Association (NECA) and key stakeholders have called for Nigeria’s economic reforms to be evaluated by their tangible impact on businesses, households and national competitiveness rather than by policy pronouncements alone. In a communiqué issued at the…...

3+ week, 2+ hour ago   (160+ words) CPPE in its Half-Year Review (H1 2026), noted that macroeconomic stabilisation has not yet led to significant, broad-based improvements in productivity, competitiveness, employment and household welfare. A statement by the Chief Executive Officer of CPPE, Dr Muda Yusuf, said while the first…...

4+ week, 1+ hour ago   (393+ words) By Theodora Obayojie With Agency Report As the cost of living continues to squeeze household budgets, many workers in the Federal Capital Territory (FCT) are into petty businesses to augment their incomes.Some of the residents who spoke to NAN…...

1+ mon, 2+ week ago   (765+ words) Nigeria’s worsening cooking gas crisis is driving a sharp return to charcoal use across households, as rising Liquefied Petroleum Gas (LPG) prices push millions of families into energy poverty and reshape domestic cooking choices, household spending patterns, and the informal…...

1+ mon, 4+ week ago   (394+ words) Federal Government has reiterated its commitment to protecting legitimate operators in the solid minerals sector as it intensifies efforts to unlock value from its vast mineral resources through international partnerships and stronger regulatory enforcement. This was reinforced following the signing…...