Economy - Skypenewsnaija

Nigeria’s Economy In Shock – Edun

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that Nigeria’s economy is in shock, as global countries swim in the fallouts of ongoing crisis in the Middle East. A Monday statement by Special Adviser on Media and Communications to the Minister, Dr. Ogho Okiti, noted that the shock comes on […]

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April 14, 2026
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Economy

NNPC revenue hits N2.68tn amid production decline

The Nigerian National Petroleum Company Limited has announced a revenue collection of N2.68tn from its economic activities in February 2026, even as crude oil production declined to 1.51 million barrels per day amid pipeline outages and operational setbacks. It reported a 4.2 per cent increase in revenue for its February 2026 operations, rising to N2.68tn […]

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April 12, 2026
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Breaking News

Nigeria poverty hits 63% despite easing inflation – W’Bank

Poverty in Nigeria rose to 63 per cent in 2025, despite a slowdown in inflation, indicating the limited impact of recent macroeconomic improvements on household welfare, the World Bank has said. The bank disclosed this in its Nigeria Development Update (April 2026) titled “Nigeria’s Tomorrow Must Start Today: The Case for Early Childhood Development,” released […]

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April 10, 2026
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Breaking News

Nigeria not collapsing, FG insists

The Federal Government on Wednesday rejected claims that Nigeria is on the brink of collapse, insisting that the country is making steady progress in tackling its security and economic challenges. The position comes in response to recent warnings by a coalition of civil society organisations, which described the nation as facing worsening insecurity, economic hardship, […]

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April 8, 2026
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Economy

Why whistleblower policy failed, Kemi Adeosun explains

A former Minister of Finance, Kemi Adeosun, has identified the absence of statutory reinforcement as the primary reason for the decline of one of the nation’s most successful anti-corruption initiatives. Speaking at the second edition of the Citadel School of Government Dialogue series in Lagos on Saturday, Adeosun revisited the highs and lows of her […]

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April 4, 2026
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