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Tag: Nigeria Economy

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  • Nigeria Economy
Delta Woos Foreign Investors in Agriculture, Energy Sectors!
  • Agriculture

Delta Woos Foreign Investors in Agriculture, Energy Sectors!

  • Weng Patrick Atokor
  • August 5, 2026
  • 0

Delta State is courting investors from Brazil, Malaysia and the United States to boost agriculture, energy and industrial development as part of efforts to diversify the state’s economy and create jobs.

JUST IN: Dangote reduces petrol price to N1,165, diesel to N1,570!
  • Business

JUST IN: Dangote reduces petrol price to N1,165, diesel to N1,570!

  • Weng Patrick Atokor
  • August 5, 2026
  • 0

Dangote Petroleum Refinery has reduced the ex-depot price of petrol to ₦1,165 per litre and diesel to ₦1,570, a move expected to lower fuel costs and provide relief for motorists, businesses, and consumers across Nigeria.

Customs seeks review of import waivers, 2023 Act amid changing trade realities!
  • Local News

Customs seeks review of import waivers, 2023 Act amid changing trade realities!

  • Weng Patrick Atokor
  • August 5, 2026
  • 0

Nigeria Customs Service has urged the National Assembly to review import waivers and the Nigeria Customs Service Act 2023, citing revenue losses, evolving global trade realities and the need for stronger customs reforms.

Nigeria at a Crossroads: Donald Duke Warns Urgent Reforms Are Needed to Prevent National Crisis!
  • Local News

Nigeria at a Crossroads: Donald Duke Warns Urgent Reforms Are Needed to Prevent National Crisis!

  • Simon Daniel Yusuph
  • August 5, 2026
  • 0

Donald Duke warns Nigeria needs urgent reforms to avert a national crisis, citing economic hardship, insecurity, and governance failures. Wengglobal examines the implications, government responses, and the path toward sustainable national development.

Jigawa invests ₦586m in border-free zone to boost cross-border trade!
  • Local News

Jigawa invests ₦586m in border-free zone to boost cross-border trade!

  • Weng Patrick Atokor
  • August 5, 2026
  • 0

Jigawa State has approved ₦586 million for the renovation of the Maigatari Border Free Trade Zone to boost cross-border trade, attract investment, improve infrastructure and create jobs.

Nigeria’s NEC Approves $3.3 Billion Project Gazelle Refinancing to Cut Borrowing Costs and Boost Economic Liquidity!
  • Business

Nigeria’s NEC Approves $3.3 Billion Project Gazelle Refinancing to Cut Borrowing Costs and Boost Economic Liquidity!

  • Simon Daniel Yusuph
  • August 4, 2026
  • 0

Nigeria’s National Economic Council has approved the refinancing of the $3.3 billion Project Gazelle facility to reduce borrowing costs, unlock additional liquidity and strengthen fiscal sustainability as part of the country’s ongoing economic reforms.

NEC Approves $4.5 Billion Project Gazelle 2 to Refinance Oil-Backed Loan, Unlock $3 Billion for Nigeria’s Economy!
  • Business

NEC Approves $4.5 Billion Project Gazelle 2 to Refinance Oil-Backed Loan, Unlock $3 Billion for Nigeria’s Economy!

  • Simon Daniel Yusuph
  • August 3, 2026
  • 0

The National Economic Council has approved the $4.5 billion Project Gazelle 2 refinancing initiative to restructure Nigeria’s $3.3 billion oil-backed loan, unlock $3 billion in liquidity, strengthen debt sustainability, and support economic growth

Soludo Calls for Stronger Inter-State Collaboration to Drive Investment, Create Jobs Across Nigeria!
  • Politics

Soludo Calls for Stronger Inter-State Collaboration to Drive Investment, Create Jobs Across Nigeria!

  • Simon Daniel Yusuph
  • August 3, 2026
  • 0

Anambra Governor Charles Soludo urges Nigerian states to strengthen collaboration to attract investment, create jobs, and accelerate economic growth as improving macroeconomic stability presents new opportunities for investors across Nigeria.

Atiku Rejects Presidency’s Defence of Tinubu’s Economic Reforms, Warns Rising Poverty Undermines Recovery Claims!
  • Politics

Atiku Rejects Presidency’s Defence of Tinubu’s Economic Reforms, Warns Rising Poverty Undermines Recovery Claims!

  • Simon Daniel Yusuph
  • August 3, 2026
  • 0

Former Vice President Atiku Abubakar rejects the Presidency’s defence of President Bola Tinubu’s economic reforms, arguing that worsening poverty, food inflation, and rising hardship contradict government claims of economic recovery. Wengglobal examines the political and economic implications.

Dollar to Naira Exchange Rate Today, August 3, 2026: Naira Holds Firm in Official Market!
  • Business

Dollar to Naira Exchange Rate Today, August 3, 2026: Naira Holds Firm in Official Market!

  • Weng Patrick Atokor
  • August 3, 2026
  • 0

Check the latest Dollar to Naira exchange rate for August 3, 2026, including the official CBN/NFEM rate, market outlook, and factors influencing the Nigerian currency.

‘My Mother Sold Akamu’: Defence Minister Christopher Musa Defends Dignity of Petty Trading!
  • Business

‘My Mother Sold Akamu’: Defence Minister Christopher Musa Defends Dignity of Petty Trading!

  • Weng Patrick Atokor
  • August 2, 2026
  • 0

Chief of Defence Staff General Christopher Musa says his mother sold akamu to raise their family, urging Nigerians to respect petty trading and embrace the dignity of honest work.

Tinubu’s Economic Claims Under Fire as Atiku Accuses Administration of ‘Lying With Statistics’!
  • Politics

Tinubu’s Economic Claims Under Fire as Atiku Accuses Administration of ‘Lying With Statistics’!

  • Simon Daniel Yusuph
  • August 2, 2026
  • 0

Former Vice President Atiku Abubakar accuses President Bola Tinubu’s administration of “lying with statistics” over Nigeria’s economy, questioning official economic data, CBN debt levels, and worker welfare as debate over the country’s reforms intensifies.

Tinubu Aide Daniel Bwala Challenges Cardinal Onaiyekan’s Remarks, Says Cleric Does Not Speak for All Nigerian Christians!
  • Politics

Tinubu Aide Daniel Bwala Challenges Cardinal Onaiyekan’s Remarks, Says Cleric Does Not Speak for All Nigerian Christians!

  • Simon Daniel Yusuph
  • August 1, 2026
  • 0

Tinubu’s media aide Daniel Bwala criticizes Cardinal John Onaiyekan’s comments on Nigeria’s economy and insecurity, saying the Catholic cleric spoke for Catholics rather than all Christians. Read wengglobal’s comprehensive analysis of the debate and its wider implications.

Tinubu Disagreed With Catholic Bishops’ Assessment of Economy, Insecurity — Onaiyekan!
  • Local News

Tinubu Disagreed With Catholic Bishops’ Assessment of Economy, Insecurity — Onaiyekan!

  • Weng Patrick Atokor
  • August 1, 2026
  • 0

Archbishop John Onaiyekan says President Bola Tinubu disagreed with the Catholic bishops’ assessment of Nigeria’s economy and insecurity, insisting his administration is making measurable progress despite ongoing reforms.

Tinubu’s Economic Reforms Will Secure Nigeria’s Future, Says Akume as Government Defends Long-Term Growth Strategy!
  • Politics

Tinubu’s Economic Reforms Will Secure Nigeria’s Future, Says Akume as Government Defends Long-Term Growth Strategy!

  • Simon Daniel Yusuph
  • July 21, 2026
  • 0

Secretary to the Government of the Federation George Akume says President Bola Tinubu’s economic reforms are laying the foundation for Nigeria’s long-term prosperity, highlighting fiscal stability, sustainable growth, investment, and national development amid ongoing economic challenges.

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  • NEMA Reaffirms Commitment to Transparency, Equity and Federal Character in Agency Management!
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