Nigeria is often referred to as the “Giant of Africa,” and its petroleum sector plays a crucial role in this identity. As one of the largest oil producers in Africa, Nigeria’s economy has long been heavily reliant on oil revenues, which account for about 90% of its foreign exchange earnings[Read More…]
Consumer Education
Mental Health Awareness in Nigeria: A Call for Urgent Attention
By Paul Onehi Mental health awareness in Nigeria is a pressing issue that urgently requires increased attention and education for the population. Despite affecting millions of individuals, mental health often remains stigmatized and overlooked within Nigerian society. As Africa’s largest economy grapples with severe economic challenges, many citizens are struggling[Read More…]
Rising Food Prices in Nigeria: A Crisis in the Making
Nigeria is currently facing a troubling escalation in food prices, a situation that threatens to plunge more of its population into food insecurity and exacerbate the already high cost of living. The rising cost of basic staples like rice, beans, yams, tomatoes, and other essential food items has become a[Read More…]
Taking Flight: Exploring Growth and Challenges in Nigeria’s Aviation Industry
Nigeria’s aviation industry stands at a pivotal juncture, characterized by rapid growth and significant challenges. As the country aims to position itself as a regional hub for air travel in West Africa, it faces both opportunities and obstacles that could shape the future of aviation in the region. With increasing[Read More…]
Charting the Course: Addressing Nigeria’s Economic and Social Crossroads
Nigeria stands at a crucial juncture in its development, with a unique blend of economic potential and social challenges shaping the nation’s trajectory. As Africa’s largest economy and most populous country, Nigeria holds immense promise for growth and leadership on the continent. Yet, this promise remains clouded by persistent issues—rising[Read More…]
Celebrating Nigeria’s Business Resilience: A Journey of Growth and Innovation
As Nigeria celebrates its Independence Day, it is an opportune moment to reflect on the nation’s incredible journey, particularly in the realm of business. Over the years, Nigeria has weathered numerous challenges, ranging from political instability to economic crises, yet its business sector has displayed remarkable resilience, innovation, and growth.[Read More…]
Nigeria at 64: Has the Giant Lost Its Grip?
At 64 years of independence, Nigeria stands at a pivotal juncture. Once hailed as the “Giant of Africa,” the nation’s vast resources, robust population, and influential diplomatic position positioned it as a leader on the continent. Yet, as the years have rolled on, many are asking a pressing question: Has[Read More…]
Businesses at the Crossroads in Nigeria: Navigating Uncertainty and Opportunity
Nigeria’s business environment has always been a dynamic, if unpredictable, landscape. However, today, businesses are truly at a crossroads, grappling with unprecedented challenges and emerging opportunities. The country’s economy, once buoyed by its vast natural resources and a burgeoning population, now faces myriad hurdles, from macroeconomic instability to policy shifts[Read More…]
Dangote vs NNPCL: Who’s Lying to Nigerians?
The Nigerian oil and gas sector, long plagued by inefficiencies and corruption, is now witnessing a dramatic standoff between two of its most prominent players: the Dangote Group and the Nigerian National Petroleum Company Limited (NNPCL). At the heart of this brewing controversy is the truth about fuel availability, pricing,[Read More…]
Fueling Uncertainty: Nigeria at a Crossroads Amid Surging Energy Costs
Nigeria stands at a critical juncture as rising fuel costs ripple through the nation’s economy, leaving businesses, households, and industries grappling with an uncertain future. The removal of fuel subsidies, intended as a bold step toward long-term economic stability, has sparked intense debate across the country. While the policy shift[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]