Crime › Re: Deborah Moses' Sister Cries Out As Suspect, Lintex, Fails To Appear In Court by DUTY(m): 10:21am On Feb 04 |
Tinubu can bribe anything, including the deads. Tinubu,bribery, curruption, osinwin. |
Programming › Re: Another Small Feature To Add On Nairaland. by DUTY(m): 10:09am On Feb 04 |
Nice development. Nairaland is advancing. gistray: @seun
If someone creates an original post or comment then edits it.
There should be a small text or icon or something that tells everyone the post isn't original and have been edited.
Most of us care for something like that, incase someone types rubbish then later edits it.
Especially on the front page |
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Politics › Re: Terrorism: US ground troops dispatched to Nigeria by DUTY(m): 5:15am On Feb 04 |
FreeStuffsNG, yarimo, madridguy, pitbull,scavenger, America is here gun a blazing...... Una mind no go rest |
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Politics › Re: 2027: I’ll Run As Presidential Candidate – Peter Obi Rejects VP Role by DUTY(m): 6:32am On Feb 03 |
Tinubu @98 is young abi? Scavenger Sccarrr: Make this old man go sidown somewhere
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Business › Re: Naira Posted Its First Annual Gain In 13 Years by DUTY(m): 6:27am On Feb 03 |
naira was 380, fuel was 200 when this thief snatched the ballot then ran away with it. Never impressed. Streetinvestor2: It gained una papa.How much was it when this corrupt government did civilian coup |
Politics › Re: Who Would You Vote Among These Presidential Candidates If Presented And Why? by DUTY(m): 6:02pm On Feb 02 |
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Politics › Re: Tinubu’s Achievements Evident – Onanuga by DUTY(m): 6:32am On Feb 02 |
Based on economic data from the National Bureau of Statistics (NBS) and reports regarding the impact of foreign exchange unification and fuel subsidy removal, several sectors in Nigeria have experienced significant distress compared to their status on May 29, 2023. The combination of rapid currency depreciation, skyrocketing inflation, and rising operating costs has negatively impacted the following 10 sectors: Manufacturing: In 2023 alone, over 767 manufacturing companies collapsed or became distressed, following the removal of fuel subsidies and the naira float. The sector continues to struggle with high import costs for raw materials, reduced consumer purchasing power, and high energy costs.Transportation and Storage: This sector recorded a significant negative growth rate of -30.17% in 2023, largely driven by the high cost of PMS, which crippled logistical operations and public transport.Agriculture: The sector has faced worsened challenges due to insecurity, high cost of inputs, and rising food inflation. It recorded a negative growth rate of -0.90% in Q1 2023, a decline from previous years.Pharmaceuticals: Due to reliance on imports, the pharmaceutical sector has been hit hard by forex volatility, with several multinationals exiting, such as GSK.Fast Moving Consumer Goods (FMCG): Multinational companies in this sector have reported severe losses, downsizing, and restructuring due to the depreciation of the naira and reduced demand.Construction: The cost of building materials has surged, rendering many projects unviable and slowing growth, as reflected in lower growth rates in late 2023.Real Estate: High inflation and interest rates have made financing expensive, causing affordable housing to remain elusive and reducing investment in new projects. Automotive and Assembly: Similar to manufacturing, the sector is struggling with importing kits due to foreign exchange scarcity and high costs.Paper and Paper Products: According to 2024–2025 NBS reports, this industry recorded some of the lowest growth rates, indicating significant distress.Textile, Apparel and Footwear: The sector is facing low growth rates (e.g., 0.95% in early 2025) as consumer spending on non-essential goods has reduced due to the rising cost of living. fuckJones: are you kidding?
1. Stronger Foreign Reserves Nigeria’s foreign reserves have crossed the $45 billion mark for the first time in six years.
2. Robust GDP Growth Prudent management of reserves has contributed to a 3.93% GDP growth in the most recent quarter, following a 4.23% growth in the previous quarter (Q2, 2025).
3. Energy Independence Within two years, Nigeria transitioned from being Africa’s largest petrol importer to West Africa’s largest exporter.
4. OPEC Production Surplus For the first time in over a decade, Nigeria has exceeded its OPEC quota for three consecutive months, averaging 1.71 million barrels per day.
5. Stock Market Growth The Nigerian Stock Exchange rose above 130,000 All Share Index points for the first time.
6. GDP Expansion The economy expanded by $67 billion in just two years, growing from ₦269.29 trillion in May 2023 to ₦372.8 trillion today. 7. Non-Oil Revenue Growth Between January and August 2025, non-oil tax revenue rose 40.5% to ₦20.59 trillion, compared to ₦14.6 trillion in the same period in 2024. 8. Naira Stability Naira has stabilised below ₦1,500 to the US dollar, making it one of the world’s best-performing currencies, according to Fitch Ratings.
9. Record Power Generation Nigeria broke its power generation record with a peak of 5,801.84 MW and a maximum daily energy output of 128,370.75 MWh.
10. Trade Surplus Growth Nigeria’s trade surplus rose 44.3% in Q2 2025 to ₦7.46 trillion, surpassing Q1’s ₦5.17 trillion.
11. Rail Transport Growth Rail transport expanded by 43.08% in Q2 2025.
12. Road Infrastructure Expansion Road transport grew by 24.50%, driven by ongoing mega-projects like the ₦13 trillion Illela-Sokoto-Badagry Superhighway and ₦15 trillion Lagos-Calabar Coastal Highway.
Go and verify |
Health › Re: The Cobra That Killed Singer, Ifunanya Nwangene (Video) by DUTY(m): 6:20am On Feb 02 |
henceforth, ogun will scatter them allHezzyluv: RIP
When you kill snakes, Animal activists on NL will come here and begin dey yarn dust.  |
Politics › Re: GDP By Country 2025: See Where Nigeria Is. by DUTY(m): 1:55pm On Feb 01 |
Peru over Nigeria, shame |
Politics › Re: Peter Obi: Tinubu Has Spent Only 8 Days In Nigeria In 2026 by DUTY(m): 1:49pm On Feb 01 |
nawa o, this is serious. Kk |
Foreign Affairs › Re: Putin Arrives India In Style - Gets Royal Welcome (Photos) by DUTY(m): 6:27pm On Dec 04, 2025 |
which one is snake visa again? Kindered: hahaaa+hahahahahaha, like for US visa, share for Russia /snakes visa |
Phones › Re: HELP: Redmi Note 14 4G OR Samsung A17 4G by DUTY(m): 7:29pm On Nov 14, 2025 |
Price nko? Mumuman, lllllll 43334ade: Good evening all, please help with this decision
Redmi Note 14 4G, 8gb ram, 256gb
Samsung A17 4G, 8gb ram, 256gb
Thanks |
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Foreign Affairs › Re: Man Grabs President Claudia Sheinbaum's Breasts, Attempts To Kiss Her by DUTY(m): 8:30pm On Nov 06, 2025 |
That bannie of a president is an old sex worker. Deserved. |
Politics › Re: Kebbi Deputy Speaker, Bagudo, Speaks From Kidnappers’ Den by DUTY(m): 4:54pm On Nov 06, 2025 |
hahaha, the more you are hiding bandits, the more they disgrace you. It's religious affairs, no problem. |
Crime › Re: Solomon Ode Ogbaji: Decomposing Body Of Benue Man Beaten To Death by DUTY(m): 9:02pm On Nov 05, 2025 |
extra judicial killings, mob actions all in a city which Tinubu builts. |
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Phones › Re: Google Pixel 6pro 12gb/128gb 350k by DUTY(m): 6:23am On Nov 05, 2025 |
even 7pro, I'll get for 320k. 6 pro shouldn't be more than 220k. Review and adjust. Shnew: Still available call or WhatsApp me anytime
We open Monday to Saturday.
Sunday na for resting the funny thing is that these prices are negotiable.
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Politics › Re: Fayose dismisses Court Order allowing PDP National Convention to proceed by DUTY(m): 8:16pm On Nov 04, 2025 |
the common stomach infrastructure man, oloriburuku oloshi omo asewo. Data boys, come and bleat. |
Sports › Re: Mladen Zizovic: Football Coach Collapses And Dies Mid Match. by DUTY(m): 8:05pm On Nov 04, 2025 |
High per tension, bad bad bad |
Politics › Re: Herdsmen Attack Ohimini In Benue, Many Feared Dead, Others Missing by DUTY(m): 8:03pm On Nov 04, 2025*. Modified: 8:45pm On Nov 04, 2025 |
God should have mercy on us
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Politics › Re: With Diri's Defection, APC Now Controls Nearly 70% Of Nigerian States by DUTY(m): 6:26pm On Nov 04, 2025 |
abi o. 79%with nothing to show for it. Terrorists government. |
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Politics › Re: Countries with largest military strength in 2025 (see list) by DUTY(m): 8:32pm On Nov 03, 2025 |
hahahahah, so Nigeria get military strength pass Mexico, then north Korea? What's the op smoking? |
Politics › Re: Peter Obi Reacts To Trump's Redesignation Of Nigeria As Country Of Concern by DUTY(m): 7:14pm On Nov 03, 2025 |
Alright. Alright |
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Politics › Re: Why Did Donald Trump Called Nigeria A “disgraced Country”? See picture by DUTY(m): 6:37pm On Nov 02, 2025 |
Hahaha, shame on yolobad
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Politics › Re: Nigerian American Marines Tells Nigerian Military To Stand Aside by DUTY(m): 6:29pm On Nov 02, 2025 |
you never know anything, who is killing the christians and Muslims? Muslims. Kastonkastroll: Nigeria is sovereign state and our sovereignty should be respected by Donald Trump and his government. Are Christians being killed in nigeria, yes! Are Muslims also killed, Yes!
Irrespective of whatever political divide you support, now is the time to come together and tell Donald Trump and his people that we can tackle our problems. If they are so interested in what is happening here, they should support us by working with our security forces!!!!
Anything outside this is just looking for trouble and trying to cause more chaos in Nigeria! |