The House of Representatives has resolved to invite Central Bank of Nigeria Governor Olayemi Cardoso over alleged violations of pension agreements and long-standing unpaid arrears owed to former staff of the apex bank.
Tag: Nigerian Economy
TUC President Festus Osifo has criticized NLC President Joe Ajaero over the ₦70,000 transport allowance deal, insisting that the NLC cannot unilaterally negotiate on behalf of TUC affiliates.
The African Democratic Congress (ADC) has dismissed the Federal Government’s N50,000 monthly cash relief as a political gimmick, asserting that President Bola Tinubu is reacting in panic to opposition momentum.
Former Vice President Atiku Abubakar has strongly condemned the Federal Government’s fresh external borrowing plan, questioning whether the proposed capital accumulation is designed as a campaign financing scheme. He has formally called on the National Assembly to withhold approval for Read more…
Former Vice-President Atiku Abubakar has faulted President Bola Tinubu for blaming opposition parties for Nigeria’s economic crisis, emphasizing that the ruling APC has held power for 11 years.
President Bola Tinubu has criticized political opponents during a visit to Kaduna, accusing them of creating Nigeria’s hunger and poverty while asserting that his administration is working to eradicate the economic hardship.
Rising global crude oil prices, with Brent crude hitting $115 per barrel amid Middle East supply concerns, have raised fresh fears of an impending petrol pump price hike in Nigeria.
Excerpt
Taraba, Bauchi, and Adamawa have emerged as Nigeria’s most affordable states to live in, according to the latest National Bureau of Statistics (NBS) inflation report tracking slower price increases and improved local food supply
The Presidency has defended President Bola Tinubu’s economic policies, announcing that a 50kg bag of rice has dropped from ₦120,000 to below ₦50,000. Special Adviser Bayo Onanuga urged critics to visit local markets to see tangible evidence of economic recovery.
At the 2026 IMF-World Bank meetings in Bangkok, CBN Governor Olayemi Cardoso emphasized that economic reforms and mega-investments like the Dangote Refinery are critical to ending Nigeria’s crude oil dependency.
