Tag: Nigeria Economy
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Senate Moves to End Contractors’ Payment Crisis, Sets Up Panel to Engage Finance Ministry
The Senate has stepped up efforts to address the long-standing issue of unpaid debts owed to contractors by the Federal Government, constituting a six-member...
CBN Grants Union Bank, Polaris, Keystone Extra Time to Meet Recapitalisation Requirements
The Central Bank of Nigeria (CBN) has reportedly granted Union Bank, Polaris Bank and Keystone Bank additional time to complete their recapitalisation process, providing...
World Bank Clarifies Commitment to Nigeria Power Sector After $717m Fund Cancellation
The World Bank has reaffirmed its commitment to Nigeria’s electricity sector despite the cancellation of about $717 million in undisbursed funds tied to a...
Nigeria’s Debt Crisis Deepens as Experts Warn 2027 Election Spending Could Worsen Fiscal Strain
Nigeria’s fiscal reform efforts may be at serious risk as economists warn that rising political spending ahead of the 2026–2027 election cycle could reverse...
Nigeria Targets $2 Trillion Global Halal Meat Market Amid Push for Livestock Reform and Export Growth
Nigeria is making a strategic push to secure a share of the rapidly expanding global halal meat industry, currently valued at more than $2...
