Gibson Emeka

Dec 9, 2024 | allafrica.com | Gibson Emeka

Abuja, Nigeria — As Nigeria grapples with economic challenges, many are turning to Ajo -- a community savings system rooted in trust and tradition. For traders and low-income earners, it's a lifeline, providing lump sums of cash for projects and urgent needs. But without regulation, Ajo users risk losing their savings to fraud. Trader Tessy Ajakaye, 50, is one of the millions of Nigerians relying on Ajo. For her, it's more than just a savings tool -- it's the backbone of her business.

Dec 6, 2024 | voanews.com | Gibson Emeka

As Nigeria grapples with economic challenges, many are turning to Ajo — a community savings system rooted in trust and tradition. For traders and low-income earners, it’s a lifeline, providing lump sums of cash for projects and urgent needs. But without regulation, Ajo users risk losing their savings to fraud. Trader Tessy Ajakaye, 50, is one of the millions of Nigerians relying on Ajo. For her, it’s more than just a savings tool — it’s the backbone of her business.

Nov 20, 2024 | voanews.com | Gibson Emeka

Stability is returning to northeastern Nigeria after decades of insurgency as the military and the Borno State government work to reduce terrorist activities and rescue abducted civilians. Operation Hadin Kai, the military's counter-insurgency operation in the northeast launched in 2021, has rescued of numerous civilians held captive by insurgents. The deputy theater commander of Operation Hadin Kai, Kenneth Chigbu, praised the partnership with Borno State government.

Nov 14, 2024 | voanews.com | Gibson Emeka

For decades, Nigeria has relied on imports to meet fuel demand, spending about $15 billion annually. Now, new alliances aim to cut these expenses by investing in homegrown energy, targeting affordable petrol for consumers and boosting the economy. New agreements among the Nigerian National Petroleum Company Limited, Dangote Refinery and independent oil marketers may end long-standing issues over fuel imports.

Nov 12, 2024 | voaafrica.com | Gibson Emeka

The URL has been copied to your clipboardThe code has been copied to your clipboard. With prices rising, Nigerians are becoming creative. Thrift shopping — locally called "okrika"— is booming, offering affordable options. Gibson Emeka from Abuja looks at how this market is becoming a lifeline for many in Nigeria.