Economy

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CBN Tightens BVN Rules — What It Means for Bank Customers from May 1st
Featured
April 18, 2026 • 65 views

CBN Tightens BVN Rules — What It Means for Bank Customers from May 1st

Nigeria’s central bank is introducing new rules around the Bank Verification Number (BVN), a move that could change how millions of people use digital banking services. The Central Bank of Nigeria (CBN) says the measures, set to take effect from May 1, are aimed at strengthening security, reducing fraud and improving control over the country’s financial system.

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Lagos acquires new trains to boost Red Line capacity
Featured
April 16, 2026 • 79 views

Lagos acquires new trains to boost Red Line capacity

Authorities in Nigeria’s commercial capital, Lagos, have announced the arrival of a new set of trains aimed at strengthening the city’s growing rail network. The governor of Lagos State, Babajide Sanwo-Olu, confirmed that 24-car train sets have been received to support operations on the Lagos Red Line. The development is expected to increase passenger capacity, reduce waiting times, and ease daily commuting for millions of residents in the densely populated city.

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Nigeria Turns to IMF, World Bank as Economic Pressure Mounts
Featured
April 15, 2026 • 77 views

Nigeria Turns to IMF, World Bank as Economic Pressure Mounts

The Nigeria’s government, led by President Bola Ahmed Tinubu, is seeking support from international financial institutions, including the International Monetary Fund (IMF) and the World Bank, as economic pressure continues to build in the nation. The move comes at a time when many Nigerians are already feeling the weight of rising prices. From food to transportation, everyday costs have increased, leaving households and small businesses struggling to keep up. While the government has introduced reforms aimed at stabilising the economy, the effects have been difficult for many citizens.

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Nigeria, US Sign $5.1 Billion Health Deal to Boost Disease Control and Healthcare Infrastructure
health
December 23, 2025 • 570 views

Nigeria, US Sign $5.1 Billion Health Deal to Boost Disease Control and Healthcare Infrastructure

Nigeria and the United States have signed a landmark $5.1 billion health agreement under the America First Global Health Strategy on the 19th of December 2025. The five-year Memorandum of Understanding (MOU) involves a $2.1 billion commitment from the US and $3 billion in new domestic spending from Nigeria. The agreement focuses on strengthening Nigeria's healthcare

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Obi Raises Alarm Over Vote-Buying as Lawmakers Resist Reform
news
December 23, 2025 • 498 views

Obi Raises Alarm Over Vote-Buying as Lawmakers Resist Reform

Former Nigerian presidential candidate Peter Gregory Obi has criticised members of the National Assembly for failing to criminalise vote-buying during party primaries, warning that the decision could further weaken Nigeria’s democratic process. Mr Obi, a former governor of Anambra State, made the remarks while reacting to recent legislative discussions on proposed electoral reforms. He argued that political parties form the foundation of the country’s electoral system and that malpractice at the primary level often influences outcomes in general elections.

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Pressure Mounts on Ghana President to Lead Africa’s Reparations Campaign
news
December 20, 2025 • 336 views

Pressure Mounts on Ghana President to Lead Africa’s Reparations Campaign

Ghana’s President John Dramani Mahama has been urged to lead a renewed continental push for reparations over transatlantic slavery and colonial exploitation. The call came from an international delegation of activists, scholars, and diaspora representatives, who believe Ghana is well positioned to champion the agenda at the African Union level. Advocates argue reparations should go beyond financial compensation to include formal apologies, debt relief, and structural reforms addressing the lasting impact of historical injustices.

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Dangote Refinery Takes Crude Oil from Ghana
economy
December 19, 2025 • 138 views

Dangote Refinery Takes Crude Oil from Ghana

Africa’s largest oil refinery, the Dangote Petroleum Refinery, has received crude oil from Ghana’s Sankofa oil field, signaling a notable shift in West Africa’s energy trade. The move reflects growing regional cooperation as the refinery sources feedstock from both local and foreign suppliers amid Nigeria’s production challenges. Analysts say the development highlights the interconnected nature of the region’s energy market and aligns with AfCFTA goals to boost intra-African trade and energy self-sufficiency.

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Tinubu Propose 2026 Federal Budget to National Assembly
news
December 19, 2025 • 80 views

Tinubu Propose 2026 Federal Budget to National Assembly

President Bola Ahmed Tinubu has commenced a series of consultations with members of the National Assembly as part of preparations for the presentation of the 2026 federal budget. The engagement is aimed at aligning executive priorities with legislative expectations, strengthening collaboration, and ensuring that the proposed budget reflects national development goals. These discussions are expected to address key policy directions, fiscal priorities, and sectoral allocations ahead of the formal budget submission to lawmakers.

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Trending in Economy

1

Nigeria, US Sign $5.1 Billion Health Deal to Boost Disease Control and Healthcare Infrastructure

570 views • December 23, 2025
2

Obi Raises Alarm Over Vote-Buying as Lawmakers Resist Reform

498 views • December 23, 2025
3

Nigeria Is Not A Disgraced Country But A Nation That Lack Strong Structure: John Fagbemi

360 views • February 13, 2026
4

Pressure Mounts on Ghana President to Lead Africa’s Reparations Campaign

336 views • December 20, 2025
5

Adebayo Ogunlesi: The African Power Broker Behind the World’s Biggest Infrastructure

323 views • January 4, 2026