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Top economicconfidential.com News

Nigeria: Governors Back FG On Dismantling Unauthorized Checkpoints to Curb Inflation
Bola Tinubu · Nigeria

Nigeria: Governors Back FG On Dismantling Unauthorized Checkpoints to Curb Inflation

Coverage: 4 sources
Abuja -- All 36 state governors under the aegis of the Nigeria Governors' Forum (NGF) have declared support for the Federal Government's move to dismantle unauthorized checkpoints, streamline levies, and improve the movement of goods across the country as a strategy to tackle soaring inflation.See the Story
Nigeria: 13 Banks Clear USSD Debts As Nigeria Shifts to Airtime-Based Billing Model
Business · Nigeria

Nigeria: 13 Banks Clear USSD Debts As Nigeria Shifts to Airtime-Based Billing Model

67% Center coverage: 3 sources
In a development for Nigeria's digital financial services, thirteen commercial banks have fully settled their outstanding debts for Unstructured Supplementary Service Data, USSD, services owed to Mobile Network Operators, MNOs, paving the way for a new, streamlined billing structure.See the Story
Nigerian Navy Deactivates Dumpsite Used for Illegal Refining Activities in Delta
Delta · Nigeria

Nigerian Navy Deactivates Dumpsite Used for Illegal Refining Activities in Delta

100% Center coverage: 2 sources
The Nigerian Navy on Friday, said its personnel of Operation DELTA SANITY, has discovered and deactivated a dump site used for illegal refining activities. The Navy made the revelation on its Facebook page saying, ” On Thursday 19 June 2025, Nigerian Navy Ship DELTA discovered and deactivated a dump site used for illegal refining activities. “The dump site contained 1 Yamaha engine, 1 generator, 6 pumping machines and 2 rolls of hoses in Obotebe…See the Story

NNPCL Spokesperson, Soneye Resigns, Gives Reason

100% Center coverage: 1 sources
The spokesperson of the Nigerian National Petroleum Company Limited, NNPCL, Olufemi Soneye, has resigned. Soneye disclosed this in a statement madeEntertainment · NigeriaSee the Story

FG, States, Local Government Councils Share N1.7trn as Revenue Increases in May

Coverage: 2 sources
The Federation Account Revenue shared a total sum of N1.659 trillion with the Federal Government, state governments, and local government councils as MayFinance · NigeriaSee the Story

Petrol and diesel prices rising

Next week will bring another change in fuel prices, with forecasts pointing to a significant increase in the price of petrol and diesel.Lagos, Lagos · LagosSee the Story

NBS Reports 29% Surge in Farm Produce Costs - Economic Confidential

NBS Reports 29% Surge in Farm Produce Costs     The National Bureau of Statistics (NBS) has reported a 28.98 per cent rise in the average cost of farm produce between January and May 2025, signalling a deepening crisis in Nigeria’s agricultural sector. According to the NBS, the price index for farm produce surged from […] The post NBS Reports 29% Surge in Farm Produce Costs appeared first on Economic Confidential.Nigeria · NigeriaRead Article

Exchange Rate Disparity Returns as Naira Appreciates to N1,545/$ Officially, Depreciates to N1,605/$ on Parallel Market

The exchange rate closed the week with a mixed performance, as the naira recorded a slight appreciation in the official market but weakened on the parallel (black) market.  The post Exchange rate disparity returns as Naira appreciates to N1,545/$ officially, depreciates to N1,605/$ on parallel market  appeared first on Nairametrics.Nigeria · NigeriaSee the Story

Fake News and AI Fuel Surge in Captain Traoré’s Popularity

Captain Ibrahim Traoré, the 37-year-old military ruler of Burkina Faso, is gaining widespread admiration across Africa—not solely due to his political actions, but also through a meticulously crafted digital persona powered by fake news and AI-generated content, according to a PRNigeria report.Artificial Intelligence · Burkina FasoSee the Story

ABU's Outcome-Based Approach to University Excellence in Nigeria, By Baba El-Yakubu - Economic Confidential

ABU’s Outcome-Based Approach to University Excellence in Nigeria By Baba El-Yakubu Within just two weeks (June 5 – 16, 2025), Ahmadu Bello University (ABU) captured the national spotlight – twice. First, a team of its students triumphed at the Huawei ICT Skills Competition Global Finals in Shenzhen, China, outperforming elite teams from around the world. […] The post ABU’s Outcome-Based Approach to University Excellence in Nigeria, By Baba El-Ya…Zaria · ZariaRead Article

Blue-Chip Demand Drives N677bn Market Cap Increase - Economic Confidential

The Nigerian Exchange Limited (NGX) extended its bullish run on Thursday, as market capitalisation surged by N677bn to close at N74.4tn.Nigeria · NigeriaRead Article

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