3 h. ago AfDB’s Adesina secures backing over verdict on Nigeria’s economy

From Okwe Obi, Abuja Former Director of News, Osun State Broadcasting Corporation, Smolette Adetoyese Shittu-Alamu, has backed the President of Africa Development Bank (AFDB), Dr. Akinwumi Adesina, over his verdict on Nigeria’s economy. Adesina had recently said the Nigerians were better off in 1960 than now, a remark that did not sit well with the […] The post AfDB’s Adesina secures backing over verdict on Nigeria’s economy appeared first on The Sun Nigeria.

Politics

5 h. ago New Marine and Blue Economy policy: Imperatives of an implementation committee 

A cheery news emerged from last Monday’s Federal Executive Council meeting, FEC, presided by President Bola Ahmed Tinubu.   It was to the effect that the Federal Government has approved a 10-year policy framework for Nigeria’s Marine and Blue Economy.     The news attracted jubilation from stakeholders who for almost two years since the creation of […] The post New Marine and Blue Economy policy: Imperatives of an implementation committee  appeared first on The Sun Nigeria.

Politics

30 h. ago We’ll use Gateway Games 2025 to establish sports economy in Ogun, Abiodun insists

By Emma Jemegah Ogun State Governor Dapo Abiodun has emphasised that the 22nd National Sports Festival (NSF) will be more than just a sporting event; it will be a catalyst for establishing a vibrant sports economy in the state. Ogun State will host the NSF from May 16 to 30, marking the second time the […] The post We’ll use Gateway Games 2025 to establish sports economy in Ogun, Abiodun insists appeared first on The Sun Nigeria.

Sport

45 h. ago Reps Summon Ministers, CBN Gov, Others Over Contractors’ Payments

The House of Representatives has invited the minister of finance and coordinating minister of the economy, Wale Edun; minister of budget and economic planning, Abubakar Bagudu; the governor of the Central Bank of Nigeria, Yemi Cardoso; the accountant-general of the federation, Babatunde Ogunjimi, amongst others, over non-payment of contractors. This is as the House resolved […]

Politics

48 h. ago Court rules FCCPC has no authority to regulate prices in free market economy

A Federal High Court in Abuja has declared that the Federal Competition and Consumer Protection Commission (FCCPC) has no legal power to control or regulate prices in a free market economy, reinforcing the constitutional right to unfettered market operations in Nigeria. The ruling, delivered by Justice James Omotosho, came in a suit filed by Multichoice […] The post Court rules FCCPC has no authority to regulate prices in free market economy appeared first on The Sun Nigeria.

Politics

61 h. ago “I Said The Truth, I’m Not Demarketing Nigeria, Efforts Of Our Heroes Now In Vain” — Obi Replies Sanwo

Former Labour Party presidential candidate, Peter Obi, has replied Governor Babajide Sanwo-Olu of Lagos State and other critics who accused him of demarketing Nigeria. Recall that Obi, in his recent engagement at Johns Hopkins University in the United States of America, described how Nigeria fell off economically within 25 years, leading to a massive increase […] The post “I Said The Truth, I’m Not Demarketing Nigeria, Efforts Of Our Heroes Now In Vain” — Obi Replies Sanwo-Olu appeared first on Information Nigeria.

Politics

66 h. ago Sanusi urges foreign investors to tap into Nigeria’s booming economy

Muhammadu Lamido Sanusi II, the Emir of Kano, has urged global investors to utilise the improving business environment in Nigeria read more Sanusi urges foreign investors to tap into Nigeria’s booming economy

Politics

3 d. ago Kebbi, First Bank collaborate on industrialisation, economic development

From Olanrewaju Lawal, Birnin Kebbi The Kebbi State government is collaborating with First Bank of Nigeria Plc to boost industrialisation and economic growth. The partnership aligns with Governor Nasir Idris’ vision for human and infrastructural development. Governor Idris announced this during a courtesy visit by First Bank’s Managing Director, Mr Olusegun Olabiyesu, at the Government […] The post Kebbi, First Bank collaborate on industrialisation, economic development appeared first on The Sun Nigeria.

Politics

3 d. ago Nigeria’s path to prosperity: From import dependence to export

For decades, Nigeria’s economy has been defined by a paradox: a nation rich in resources yet crippled by import dependency. read more Nigeria’s path to prosperity: From import dependence to export-led growth

Politics

3 d. ago $700m CVFF: APFFLON urges creditworthiness checks on shipowners before disbursement

By Steve Agbota The Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has called on the Minister of Marine and Blue Economy, Adegboyega Oyetola, to carry out thorough verification of credit ratings of Nigerian shipowners before going ahead to disburse the Cabotage Vessel Financing Fund (CVFF). In a letter to the Minister […] The post $700m CVFF: APFFLON urges creditworthiness checks on shipowners before disbursement appeared first on The Sun Nigeria.

Politics

3 d. ago Senate Approves Revenue Reform Bills, Rejects 7.5% To 10% VAT Hike Over Economic Concerns

The Nigerian Senate has approved two out of four tax reform bills introduced by President Bola Tinubu’s administration. The bills passed are the Nigeria Revenue Service (Establishment) Bill and the Joint Revenue Board (Establishment) Bill, both aimed at restructuring the country’s tax collection and management systems. This move followed a thorough review of the report […] The post Senate Approves Revenue Reform Bills, Rejects 7.5% To 10% VAT Hike Over Economic Concerns appeared first on Information Nigeria.

Economics

3 d. ago Newly approved national marine, blue economy policy will create sustainable prosperity for Nigeria – Oyetola

From Steve Agbota The Federal Executive Council (FEC) has approved Nigeria’s first National Marine and Blue Economy Policy (2025–2034), a transformative step to harness the country’s 853-kilometre coastline and extensive inland waterways for economic diversification, job creation, and environmental sustainability. Minister of Marine and Blue Economy Adegboyega Oyetola described the policy as a “visionary framework” […] The post Newly approved national marine, blue economy policy will create sustainable prosperity for Nigeria – Oyetola appeared first on The Sun Nigeria.

Politics

3 d. ago IMF’s 3% economic growth forecast short of Nigeria’s potential – IMPI

The Independent Media and Policy Initiative (IMPI) has questioned the rationale by the International Monetary Fund (IMF) for downgrading its read more IMF’s 3% economic growth forecast short of Nigeria’s potential – IMPI

Politics

4 d. ago Experts: Youth entrepreneurship vital to Nigeria’s economic growth

•Urge greater MSME funding, support From  Adanna Nnamani, Abuja Economic experts have called on the government, private sector and citizens to prioritise youth entrepreneurship as a national development strategy, stressing that the future of Nigeria’s economy depends on the success of its young innovators and job creators. The stakeholders made the call at the launch […] The post Experts: Youth entrepreneurship vital to Nigeria’s economic growth appeared first on The Sun Nigeria.

Politics

4 d. ago Nigeria needs strong policies to harness ocean economy –Aniemu

By Steve Agbota Mr. Ismail Aniemu is a distinguished figure in Nigeria’s maritime landscape, renowned for his over two decades of expertise and impact. A seasoned industry expert, transport scholar and publisher, his dedication to excellence has seen him entrusted with roles on three high-level federal government committees, one of which is a presidential committee. […] The post Nigeria needs strong policies to harness ocean economy –Aniemu appeared first on The Sun Nigeria.

Politics

4 d. ago IMPI dismisses IMF, World Bank growth forecasts, highlights Nigeria’s stronger outlook

The Independent Media and Policy Initiative (IMPI) has expressed skepticism over the International Monetary Fund’s (IMF) downgraded economic growth forecast for Nigeria in 2025, which was revised from 3.2 percent to 3.0 percent, citing the global oil slump as the primary reason. The think tank argues that Nigeria’s economy is no longer predominantly reliant on […] The post IMPI dismisses IMF, World Bank growth forecasts, highlights Nigeria’s stronger outlook appeared first on The Sun Nigeria.

Politics

4 d. ago Africa’s rise in global uncertainty hangs on industrialisation, regional trade

West Africa is emerging as an investment-ready, industrially ambitious, and increasingly unified strategic partner, agree stakeholders in Nigeria’s manufacturing, trade read more Africa’s rise in global uncertainty hangs on industrialisation, regional trade- stakeholders

Politics

4 d. ago HURIWA backs AfDB’s Adesina verdicts on Nigeria’s economy, slams presidency 

From Okwe Obi, Abuja Human Rights Writers Association of Nigeria, (HURIWA) has told President Bola Ahmed Tinubu to stop berating the President of the African Development Bank(AFDB), Akinwunmi Adesina on his comparison of Nigerians’ poverty situation now and in the 1960s. Adesina, at the 20th anniversary dinner of investment firm Chapel Hill Denham in Lagos, […] The post HURIWA backs AfDB’s Adesina verdicts on Nigeria’s economy, slams presidency  appeared first on The Sun Nigeria.

Politics

4 d. ago Addressing logistics gap is crucial to Nigeria’s economic growth – Report

For Africa’s most populous country to drive sustainable and inclusive growth, it must address infrastructural bottlenecks, especially in its logistics read more Addressing logistics gap is crucial to Nigeria’s economic growth – Report

Politics

4 d. ago Methodist Church urges FG to review economic policies, tackle hardship, insecurity

From Isaac Job, Uyo The Methodist Church, Nigeria Diocese of Uyo has urged the federal government  to review  economic policies with a view to find solution to prevailing hardship and tackle insecurity in Nigeria.  A communique signed by the Archbishop of Uyo Diocese Most Rev John Koko Bassey and Lay President Sunday Bassey at the […] The post Methodist Church urges FG to review economic policies, tackle hardship, insecurity appeared first on The Sun Nigeria.

Politics