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Economy

“Jail Broke Ex-Footballers”: Brown Ideye’s Harsh Take On Financial Failure Ignites Fiery Debate

Sports
A storm of controversy has engulfed Nigerian football circles following explosive comments from former Super Eagles and AFCON 2013 winner, Brown Ideye. The recently retired striker declared that ex-footballers who find themselves financially broke after retirement "deserve...

“Jail Broke Ex-Footballers”: Brown Ideye’s Harsh Take on Financial Failure Ignites Fiery Debate

Sports
A storm of controversy has engulfed Nigerian football circles following explosive comments from former Super Eagles and AFCON 2013 winner, Brown Ideye. The recently retired striker declared that ex-footballers who find themselves financially broke after retirement "deserve...

Nigeria Spends $2bn On External Debt In Four Months

Economy
Nigeria spent about $2.01bn on external debt servicing between January and April 2025, marking a 50 per cent increase compared to the $1.33bn recorded...

Nigeria’s Bold Strides Towards Economic Revitalization And Environmental Sustainability

Economy
By Alfred B. Abiodun In recent months, Nigeria has embarked on a series of strategic initiatives aimed at bolstering its economy and reinforcing its commitment...

Nigerian Stock Market Commences 2025 With Robust N1.25 Trillion Surge

Capital Market
The Nigerian Exchange Limited (NGX) has initiated 2025 on a strong note, recording a substantial gain of N1.25 trillion in market capitalization during the...

Nigeria Set To Rebase GDP And Inflation Metrics By January’s End

Economy
The National Bureau of Statistics (NBS) has announced plans to rebase Nigeria's Gross Domestic Product (GDP) and Consumer Price Index (CPI) by the end...

Dangote Cement, FBNHoldings Boost Nigerian Equity Market By N53bn

Economy
The equity market bounced back on Thursday, recouping from its previous day’s loss with a gain of N53 billion. The resurgence was driven by...

Edun Unveils Nigeria’s Plans For Sustainable Growth, Poverty Eradication

Economy
In a significant move to drive Nigeria's economic growth and ensure poverty reduction, the Honourable Minister of Finance and Coordinating Minister of the Economy,...

Nigeria’s Inflation Rate Hits 34.60% In November 2024 Amid Rising Economic Challenges

Economy
Nigeria’s inflation rate surged to 34.60% in November 2024, up from 33.88% recorded in October, underscoring growing economic hardship for the populace. This was...

Pernod Ricard Nigeria’s Upcycled Bottle Christmas Tree To Promote Circular Economy

Economy
Pernod Ricard Nigeria is thrilled to announce the unveiling of the Jameson Upcycled Bottle Christmas Tree, an eco-friendly initiative that combines sustainability with festive...

Afenifere Endorses Tinubu’s Tax Reform Bills

Economy
The pan-Yoruba socio-political organization, Afenifere, has endorsed President Tinubu’s tax reform bills. The group's Organising Secretary, Abagun Omololu, highlighted that the proposed bills could offer...

Senegal Joins West Africa’s Oil-Producing Countries

Economy
Senegal has officially joined the ranks of oil-producing countries, marking a historic milestone for the West African nation. The country’s first oil production began last...

President Bola Tinubu Approves Creation Of Economic Management Team Emergency Taskforce (EET), Presidential Economic Coordination Council (PECC)

Economy
According to a statement from the presidency, President Bola Tinubu has approved the creation of the Economic Management Team Emergency Taskforce (EET), and the...

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