Economy
Prayers Saved Nigeria from ₦10,000/$1 Exchange Rate – Pastor Adeboye
Pastor Adeboye Attributes Nigeria’s Economic Survival to Divine Intervention Amid Fuel Crisis and Naira Devaluation
The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has credited prayers and divine intervention for preventing the Nigerian naira … Continue Reading
Ghana Turns to Dangote Refinery for Petroleum Imports, Eyes Broader Regional Collaboration
Ghana Eyes Dangote Refinery Imports to Boost Energy Security and Strengthen West African Economic Ties
In a move to strengthen energy security and deepen regional ties, the National Petroleum Authority of Ghana (NPA) is looking to import refined petroleum products … Continue Reading
Canada Cuts Permanent Residency Targets For Nigerians, Others As Trudeau Admits Policy Missteps
Canada to Cut Immigration Targets Amid Housing Crisis and Public Backlash, Trudeau Acknowledges Missteps
In a significant policy shift, Prime Minister Justin Trudeau announced Thursday that Canada will reduce its immigration targets, scaling back the Liberal government’s initial plan to … Continue Reading
Tinubu Slashes Official Convoys To 3 In A Bid To Cut Cost of Governance
President Moves to Cut Government Spending, Limits Official Convoys and Security Details for Top Officials
In a decisive move to curb government spending, President Bola Tinubu has restricted Federal Ministers, Ministers of State, and Heads of Agencies to a … Continue Reading
SHOCKING: Nigerians Return to Chewing Sticks as Toothpaste Prices Skyrocket
Traditional Chewing Sticks Make a Comeback as Toothpaste Prices Push Nigerians to Seek Affordable Alternatives
The rising cost of living in Nigeria has pushed many households to revisit traditional practices, including the use of chewing sticks for oral hygiene, as … Continue Reading
GTBank Boosts Staff Salaries by 40% Amid Economic Turmoil, Retains Lowest Personnel Cost Among Top Banks
GtBank’s 40% Salary Boost Aims to Combat Inflation and Retain Talent While Maintaining Market-Leading Cost Efficiency
Guaranty Trust Bank (GTBank), Nigeria’s most cost-efficient commercial bank, quietly boosts its staff salaries by 40% as of September 2024, multiple employees have confirmed. … Continue Reading
State Governor Launches Subsidised Rice Sale at ₦38,700 per Bag to Ease Economic Hardship
Sokoto State Governor Rolls Out Major Subsidy on Rice Sale to Support Grassroots Amid Economic Challenges
In a bid to alleviate the rising cost of living, Sokoto State Governor, Ahmed Aliyu, has launched the sale of subsidised food items, … Continue Reading
Nigeria’s Economy Grows by 3.19% in Q2 2024, Driven by Services and Industry Sectors – NBS
Nigeria’s GDP Surges by 3.19% in Q2 2024
Nigeria’s GDP (Gross Domestic Product) recorded a year-on-year growth of 3.19% in real terms during the second quarter of 2024, surpassing the 2.51% growth from the same period in 2023 and the … Continue Reading