Tag: Nigerians

News

Nigerians import few cars as inflation, FX woes bite

Nigerians imported fewer passenger cars in 2024 as rising inflation and naira depreciation made foreign exchange more expensive, increasing vehicle costs. According to the National Bureau of Statistics, the total value of passenger car imports fell by 14.3% to N1.26 trillion in 2024, down from N1.47 trillion in 2023. The drop in car imports came […]

News

Three Nigerians make Forbes 50 wealthiest black Americans list

Alex Omenye Forbes has unveiled its 2024 ForbesBLK 50 list, celebrating the accomplishments of the wealthiest and most influential Black Americans. Among the distinguished honorees are three Nigerians: Adebayo Ogunlesi, Tope Awotona, and Wemimo Abbey, whose entrepreneurial achievements and social impact have earned them a place on this prestigious list. The ForbesBLK 50 list reimagines […]

FG budgets N8.68tn for agric, food imports - Report
featured News

33m Nigerians may face food crisis in 2025 — Report

The Cadre Harmonisé Report for October has projected that at least 33.1 million people in 26 states and the FCT will face a food and nutrition crisis between June and August 2025. This projection comes from the CH Analysis Report released on Friday in Abuja. The analysis was conducted by the UN Food and Agriculture […]