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News
IMF Warns Nigeria Over Rising Debt-Service Burden, Funding Squeeze
6+ day, 7+ hour ago (638+ words) The International Monetary Fund (IMF) has warned that Nigeria and other developing economies are coming under increasing financial pressure as debt-servicing costs rise, borrowing becomes more expensive and access to foreign financing weakens. IMF Managing Director, Kristalina Georgieva, said the…...
Panic Hits Access Bank Customers After N1.34bn Disappears Into 71 Banks
3+ week, 2+ day ago (328+ words) Following the suspected cyber fraud diversion of ₦1,340,425,393 from its customers' accounts, Access Bank has successfully secured a Federal High Court order in Lagos to freeze the beneficiary accounts across 71 financial institutions in an urgent bid to checkmate the illicit activity…...
BudgIT Reacts to US Fiscal Transparency Report: Nigeria Must Address Persistent Gaps in Budget Execution, Audit and Procurement
3+ week, 4+ day ago (875+ words) BudgIT Reacts to US Fiscal Transparency Report: Nigeria Must Address Persistent Gaps in Budget Execution, Audi thenigerianvoice.com BudgIT Reacts to US Fiscal Transparency Report: Nigeria Must Address Persistent Gaps in Budget Execution, Audit and Procurement BudgIT, a prominent civic-tech…...
Where Will Nigeria’s Next 3.5 Million Workers Go? The Two Nigerian: A Growing Economy And A Growing Employment Crisis
4+ week, 3+ hour ago (1508+ words) Every year, roughly 3.5 million Nigerians enter the labour force. The central question for Nigeria is therefore becoming harder to avoid: The question matters because Nigeria is increasingly living with two economic realities at the same time. There is one Nigeria…...
Nigeria’s Economic Recovery: Who Is Actually Feeling It?
4+ week, 1+ day ago (1588+ words) Nigeria is being told that the economy is recovering. The International Monetary Fund (IMF), meanwhile, projects Nigeria's real GDP growth at about 4.1 percent for 2026. Foreign investors are showing greater confidence. Businesses are reporting stronger revenues. The naira market has become…...
Nigeria's Cost-of-Living Crisis: When Survival Becomes A Daily Struggle
4+ week, 1+ day ago (1048+ words) At 6:00 a.m., Adamalebyi Agyogo, a parent from Ogladzi Clan in Etuloland, carefully counted the money in his pocket before leaving home. "Every morning begins with difficult choices. If I pay for transport to work, there is less money left for food....