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November 2, 2026 - 3:06 PM

Economy

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Why N1m Minimum Wage Could Collapse Nigeria’s Economy — Joe Ajaero

The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has warned that a N1m minimum wage could collapse the Nigerian economy, stressing the...

Nigeria Would Be So Rich If Leaders Kept Public Funds in Banks — Obi

The presidential candidate of the Nigeria Democratic Congress for the 2027 general elections, Peter Obi has said Nigeria would be significantly wealthier if public...

SEDC Launches $1.5bn South-East Gas Pipeline Project, Targets Industrial Transformation

The South-East Development Commission (SEDC), through its investment arm, the South-East Investment Company (SEIC), has launched a major gas distribution pipeline project expected to...

Afreximbank Backs Nigerian Tile Maker With $81.9m Loan for African Expansion

The African Export-Import Bank (Afreximbank) has approved an $81.9 million loan for Veenocks Limited to expand its porcelain tile manufacturing plant in Sagamu, Ogun...

World Bank Projects 23% Rise in Global Commodity Prices in 2026

Global commodity prices are projected to rise by 23 per cent in 2026, driven by escalating tensions in the Middle East, declining oil inventories...

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