Tag: Nigerian economy

BREAKING NEWS: Federal Government Exceeds 2025 Borrowing Target by 55.6%

November 10, 2025November 10, 2025 Rextun boss No Comments

The Federal Government of Nigeria has surpassed its 2025 borrowing target by a staggering 55.6 percent, raising concerns about the nation’s growing debt profile and fiscal discipline. According to fresh data from the Debt Management Office (DMO) and the Budget Office, the government borrowed a total of ₦17.36 trillion between January and October 2025, far…

Finance and Economy

Students in Oyo State Rally Support for Dangote Refinery amid Labour Dispute

October 7, 2025October 7, 2025 Rextun boss No Comments

In a surprising show of solidarity, hundreds of students from across tertiary institutions in Oyo State took to the streets in Ibadan on Tuesday to express support for the Dangote Refinery, calling on the government to protect it from what they describe as attempts to undermine its operations. The protest, organized by a coalition of…

Activists and Activism, News

IMF Predicts Further 35% Drop In Value Of Naira This Year

February 22, 2024 Rextun boss No Comments

The International Monetary Fund (IMF) has warned that the exchange rate of the Naira may further depreciate by about 35 percent this year, adding that this could lead to inflation rate peaking at 44 per cent before the monetary policy tightening could bring the situation under control. IMF disclosed this in its February 2024 Post–Financing…

Finance and Economy

abdulwasiu abdulkabir Olajide on 7 Federal Government Empowerment Programs and Opportunities for Nigerian Youths – How to ApplyAugust 13, 2026
24,sabo line oke ile onikere compaund
Kikma on Top 10 Hidden Gems in Ibadan You Need to Visit in 2025July 1, 2025
Ibadan is truly a hidden gem with so much to offer. From the serene Agodi Gardens to the breathtaking views…