Economy Post

Economy Post Promoting responsible business.

Economists echo World Bank warning on poverty despite Tinubu’s govt denial
09/10/2025

Economists echo World Bank warning on poverty despite Tinubu’s govt denial

ECONOMISTS have echoed the World Bank’s warning on Nigeria’s rising poverty despite pushback by the government of President Bola Tinubu. The World Bank said in its ‘Nigeria Development Update’ released on Wednesday that though growth had picked up and revenues and reserves rising, poverty wa...

Stanbic IBTC’s non-performing loans quadruple as management borrows at 14%
08/10/2025

Stanbic IBTC’s non-performing loans quadruple as management borrows at 14%

STANBIC IBTC’s non-performing loans (NPLs) jumped more than 4-fold to N116.120 billion in five and a half years as key management personnel of the financial institution obtained credit at 14 percent to 16 percent. Stanbic IBTC NPLs stood at N26.492 billion as of December 2020 out of a gross credit...

Certificate forgery scandal finally consumes Minister Nnaji as Tinubu accepts his resignation
08/10/2025

Certificate forgery scandal finally consumes Minister Nnaji as Tinubu accepts his resignation

NIGERIA’S Minister of Science and Technology, Mr Uche Nnaji, has resigned from President Bola Tinubu’s cabinet following allegations of certificate forgery. Mr Nnaji resigned on Tuesday in a letter appreciating President Tinubu for allowing him to serve Nigeria, according to Special Adviser to t...

Dangote sells gas at N760/kg, middlemen inflate prices above N1000 – Source
07/10/2025

Dangote sells gas at N760/kg, middlemen inflate prices above N1000 – Source

DANGOTE Petroleum Refinery sells a kilogramme of liquefied petroleum gas (LPG), popularly known as cooking gas, at N760 but middlemen, including gas stations, sell at more than N1000, according to a close source to the refinery. An economist and petrol expert, Mr Kelvin Emmanuel, who is close to the...

Outrage in Nigeria as Minister Nnaji’s certificate scandal unfolds
06/10/2025

Outrage in Nigeria as Minister Nnaji’s certificate scandal unfolds

NIGERIA’S Minister of Science and Technology, Mr Uche Nnaji, has admitted that his first degree certificate from the University of Nigeria (UNN) Nsukka is forged. This has sparked outrage on and off the social media, with many Nigerians raising several questions as to why the Senate and the State ...

How CBN’s planned takeover of fixed income market will make or mar investor confidence
04/10/2025

How CBN’s planned takeover of fixed income market will make or mar investor confidence

By Rasak Adeboye The Central Bank of Nigeria (CBN) has announced that from November 3rd, settlement of fixed income securities will migrate to the CBN. By December 1st, the Bank itself will run the trading platform. It is noted that secondary fixed income market platform is currently operated by FMD...

‘I took a chance on this insurance stock – and it changed my story in three months’
04/10/2025

‘I took a chance on this insurance stock – and it changed my story in three months’

A Kano State-based trader, Mr Oluwadare Olutosin, has narrated how one insurance stock changed his life in 2025. He spoke with Economy Post during an investment summit in Lagos, saying that he used to think that the stock market was meant for some special individuals. According to him, he has now st...

Tinubu to critics: Nigeria now net products exporter, oil production has rebounded to 1.68mbpd
01/10/2025

Tinubu to critics: Nigeria now net products exporter, oil production has rebounded to 1.68mbpd



PRESIDENT Bola Tinubu has replied critics who say his government is yet to achieve much in its two years. In a 65th Independence Anniversary speech on Wednesday morning, Tinubu said while Nigeria now exports more than it imports, oil production and debt-servicing-to-revenue ratio have shot up. “Oi...

Tinubu’s 65th Independence Day SpeechNigerians today have access to better education and healthcare than in 1960. At Ind...
01/10/2025

Tinubu’s 65th Independence Day Speech

Nigerians today have access to better education and healthcare than in 1960. At Independence, Nigeria had 120 secondary schools with a student population of about 130,000.



Fellow Nigerians, Today marks the 65th anniversary of our great nation’s Independence. As we reflect on the significance of this day and our journey of nationhood since October 1, 1960, when our founding fathers accepted the instruments of self-government from colonial rule, let us remember their ...

Gas stations shut, petrol scarcity looms as Dangote-PENGASSAN strike continues
30/09/2025

Gas stations shut, petrol scarcity looms as Dangote-PENGASSAN strike continues

THE rift between Dangote Petroleum Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has continued after a meeting that lasted till 1.30am on Tuesday. The meeting ended in deadlock with each party failing to budge. While Dangote Refinery isn’t ready to reca...

How families stopped Air Peace from setting up MRO in Enugu – Onyema " Let Igbos do self-introspection before blaming ot...
29/09/2025

How families stopped Air Peace from setting up MRO in Enugu – Onyema

" Let Igbos do self-introspection before blaming others.” - Allen Onyema

Air Peace Chairman, Mr Allen Onyema, has explained how families stopped his airline from setting up a multi-billion-naira Maintenance, Repair, and Overhaul (MRO) facility in Enugu or Anambra airport. Mr Onyema, a lawyer and entrepreneur, disclosed this on the WhatsApp platform of Igbo Communication....

Address

Abuja
900001

Website

Alerts

Be the first to know and let us send you an email when Economy Post posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category