nigeria economic crisis

  1. Economic Woes Hit Hard: 50+ Firms Close in Nigeria, Job Losses Exceed 100,000

    Nigeria Economic Woes Hit Hard: 50+ Firms Close in Nigeria, Job Losses Exceed 100,000

    Nigeria's chemical and non-metallic products sector faces a severe downturn, with over 50 firms shutting down or running at low capacity, resulting in around 100,000 job losses. The crisis is driven by high energy costs, inflation, and unstable exchange rates. Urgent government intervention is...
  2. Innoson CEO Appeals to Nigerians to Support Tinubu After Meeting with the President During Economic Crisis

    Nigeria Innoson CEO Appeals to Nigerians to Support Tinubu After Meeting with the President During Economic Crisis

    Innoson Motors CEO Innocent Chukwuma urges Nigerians to support President Bola Tinubu's administration despite economic challenges. Addressing ongoing protests, Chukwuma emphasizes patience and highlights the government's focus on CNG vehicles, promising that Innoson’s innovations will soon...
  3. FG Allocates ₦570bn in Grants to States to Combat Hunger Amid Economic Crisis

    Nigeria FG Allocates ₦570bn in Grants to States to Combat Hunger Amid Economic Crisis

    The Nigerian Federal Government has released ₦570 billion in grants to states to address economic hardship and hunger. President Bola Tinubu reported a revenue increase to ₦9.1 trillion and introduced a Compressed Natural Gas (CNG) Initiative to cut fuel costs, aiming to reduce inflation and...
  4. #EndBadGovernance: Ooni of Ife Advocates for Time to Address Economic Issues

    Nigeria #EndBadGovernance: Ooni of Ife Advocates for Time to Address Economic Issues

    Ooni of Ife, Oba Adeyeye Ogunwusi, urges youths to allow more time for the Federal Government to address Nigeria’s economic crisis, citing global inflation. He supports peaceful protests but warns against property damage, emphasizing that hardship is a global issue and protests should avoid...
  5. #EndBadGovernance: Ex-Minister Adebayo Shittu Labels August Protests Against Tinubu’s Policies as Treason

    Nigeria #EndBadGovernance: Ex-Minister Adebayo Shittu Labels August Protests Against Tinubu’s Policies as Treason

    Former Nigerian Minister Adebayo Shittu has declared the upcoming #EndBadGovernance protests as treasonous and punishable by death. Scheduled from August 1-10, the protests aim to challenge President Tinubu’s economic policies amid rising hardship. Shittu’s comments highlight the increasing...
  6. Shettima: Nigeria's Fate Under Tinubu's Economic Policies Inevitable Post-Buhari

    Nigeria Shettima: Nigeria's Fate Under Tinubu's Economic Policies Inevitable Post-Buhari

    Vice-President Kashim Shettima has recently addressed Nigeria's economic challenges, attributing them to the policies of the previous administration under President Muhammadu Buhari. Speaking at the 2nd Chronicle Roundtable in Abuja, Shettima emphasized that the economic crisis inherited by...
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    Business Nigeria to report first diaspora remittances decline in 10 years – Agusto & Co. – Businessday NG

    https://businessday.ng/exclusives/article/nigeria-to-report-first-diaspora-remittances-decline-in-10-years-agusto-co/
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