Nigeria's Population Boom:
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Economists Warn of Rising Poverty
Economists and development experts have raised fresh concerns that Nigeria's rapidly growing population could worsen poverty, hunger, and inequality if not matched with corresponding economic and social development.
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اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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The Business NG
229 Bank Branches Shut in One Year as PoS Transactions Rise
Nigeria's banking industry is accelerating its transition toward digital and agent-based services, with 229 physical bank branches shut across the country within one year as customers increasingly embrace Point of Sale (PoS) terminals and other electronic payment channels for everyday transactions.
1 min
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The Business NG
Resident Doctors Set to Resume Nationwide Strike January 12
Resident doctors across Nigeria have announced plans to resume a nationwide strike on January 12, 2026, following what they described as the Federal Gov-
1 min
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The Business NG
FG Drops Criminal Case Against Senator Natasha Akpoti-Uduaghan
The federal government has formally withdrawn the criminal charge it instituted against Natasha Akpoti-Uduaghan, the sena-
1 min
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The Business NG
PMI Survey Shows Nigerian Private Sector Poised for Growth Amid Cost Pressures
Nigeria’s private sector is showing strong signs of resilience, with business sentiment reaching a six-month high at the end of 2025, according to the latest Stanbic IBTC Bank
1 min
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The Business NG
Foreign Investors Eye Undercapitalised Nigerian Banks Amid CBN Clampdown
Nigeria's banking sector is at the center of an intense recapitalisation drive as the Central Bank of Nigeria (CBN) tightens enforcement ahead of the March 31, 2026, compliance deadline.
1 min
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The Business NG
Lawyers Invoke FOI Act to Demand Disclosure of FIRS-France Tax Agreement
A civil society organisation, Lawyers for Civil Liberties, has invoked the Freedom of Information (FOI) Act to request access to the mem-
1 min
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The Business NG
Tinubu to Present N54 Trillion 2026 Budget to National Assembly Today
President Bola Ahmed Tinubu will on Friday (today) present the 54 trillion 2026 budget to a joint session of the National Assembly.
1 min
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The Business NG
Reps Amend Electoral Act, Approve Mandatory Electronic Transmission of Election Results
The House of Representatives has approved a proposal mandating the real-time electronic transmission of election results, marking a significant step toward strengthening Nigeria's electoral process.
1 min
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The Business NG
Abuja Blackout Deepens Security Fears as Residents Slam AEDC's Silence
Residents of several communities in Abuja have expressed growing frustration and fear after a prolonged power outage plunged parts of the Federal Capital Territory (FCT) into darkness, worsening security concerns and disrupting livelihoods.
1 min
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The Business NG
Telecom Failures Put Minister Bosun Tijani Under Public Scrutiny
Once celebrated as one of Nigeria's brightest tech minds, Minister of Communications, Innovation and Digital Economy, Bosun Tijani, is now facing mounting public criticism as Nigerians question the tangible impact of his tenure.
1 min
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