ECONOMY

Louisa Olaniyi Business Network > Blog > ECONOMY

May 17, 2025
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finance, ECONOMY

Naira Ends Week Strong Amid Renewed Investor Confidence and CBN Liquidity Moves

The Naira ended the trading week on a positive note, recording a bullish close on Friday at the official foreign exchange market. It appreciated N1,598.72 against the U.S. Dollar,...

May 14, 2025
louisa olaniyi
ECONOMY

SON destroys substandard imported products worth billions

The Standards Organisation of Nigeria (SON) has destroyed substandard imported tyres, electrical cables, steel doors, and spark plugs which failed to meet the minimum safety and quality standards required...

AfCFTA & Emerging Technologies: Driving Game-Changing Trade Transformation Across Africa

May 6, 2025
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News, ECONOMY, NITDA, Technology

Unlocking Africa’s Digital Future: NITDA DG Highlights Emerging Technologies as Key Drivers of Trade Transformation

The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE, has said that the transformative potential of emerging technologies is vital in revolutionising trade and...

Unity Bank unveils GenFi, a gamified banking app empowering kids and teens (8–18) with financial literacy, smart saving habits, and parental guidance tools.

May 5, 2025
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ECONOMY, finance

Unity Bank Launches GenFi, Targets Children, Teens with Gamified Banking Platform

In a bold move to redefine promotion of financial literacy, Nigeria’s retail lender, Unity Bank Plc, has unveiled GenFi, a new digital banking platform tailored to empower kids and...

World Bank Dismisses Nigeria’s Single-Digit Inflation Target

May 4, 2025
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world Bank, ECONOMY

World Bank: 75% Rural Poverty in Nigeria Signals Deepening Inequality and Economic Crisis

The World Bank has disclosed that the poverty rate among Nigeria’s rural population has reached an alarming 75.5 per cent, highlighting deepening inequality and widespread economic hardship across the...

May 2, 2025
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Labour, ECONOMY, Lagos state

Sanwo-Olu Celebrates Workers, Defends Lagos as Highest Paying State Amid Economic Hardship

The commemoration of the 2025 Workers’ Day in Lagos State was marked by a colourful display of solidarity by all labour unions, defying the rains to rekindle the spirit...

May 1, 2025
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TELECOMS, ECONOMY

Are Telcos Ripping Nigerians Off on Data?

In Nigeria, agreement is a rare commodity. From politics to football, fuel prices to fashion trends, consensus is hard to come by. But there’s one issue where Nigerians seem...

Wike orders arrest of quack doctors after pregnant woman’s death

April 27, 2025
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ECONOMY, health care

Wike Orders Crackdown on Unregistered Clinics After Pregnant Woman’s Death

The Minister of the Federal Capital Territory, Nyesom Wike, has ordered a total clampdown on unregistered hospitals and quack medical practitioners operating in Abuja. Wike directed that anyone found...

Governor Sanwo-Olu Urges Massive Voter Turnout Ahead of July 12 LG Elections

April 25, 2025
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Business, ECONOMY, Lagos state

SANWO-OLU AT HARVARD: LAGOS IS INVESTORS’ DELIGHT

With a GDP of $259b, a 25 million population, four seaports, and friendly government policies, Lagos is an investor’s delight, Governor Babajide Sanwo-Olu has said. “Lagos is a place...

Lagos Women Empowered: Financial Literacy Boosts Communities & Health Access

April 23, 2025
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ECONOMY, Lagos state

Lagos Empowers 1,200 Women with Financial Literacy Across Hard-to-Reach Communities

The Lagos State Government, through the Office of Sustainable Development Goals, has empowered another set of 100 women with financial literacy in the underserved area of Oko-Agbon, a riverine...