Nigeria’s Consumer Credit Falls 19.89% to N3.78tn as High Interest Rates Curb Borrowing
Nigeria’s consumer credit fell by 19.89 per cent to N3.78tn in 2025 from N4.72tn recorded a year earlier, marking the...
Nigeria Loses 47% of Dollar Millionaires in a Decade, Report Finds
Nigeria has lost nearly half of its dollar millionaires over the past decade, with the population of high-net-worth individuals declining...
FG Inaugurates Committee to Reduce Agricultural Export Rejections
The Federal Government has inaugurated an Interministerial Committee on the Nigerian Agricultural Quarantine Service (NAQS) to reduce agricultural export rejections,...
NLNG Generates Over $150bn in Revenue, Exports 6,000 LNG Cargoes
Nigeria LNG Limited (NLNG) has generated more than $150 billion in revenue and exported over 6,000 liquefied natural gas (LNG)...
FG Launches Digital Portal to Simplify Access to Government Services
The Federal Government has unveiled the Government Service Portal, a new digital platform designed to provide Nigerians and businesses with...
Reps Move to Bridge Gap Between Fuel Importers, Local Refiners
The House of Representatives Committee on Petroleum Resources (Downstream) has launched a fresh initiative to reconcile differences between petroleum importers...
Nigeria’s Net Foreign Liability Position Climbs to $90.2bn
Nigeria’s net foreign liability position increased by $7.5 billion to $90.2 billion in 2025. The rise was driven by stronger...
Oil Prices Jump Nearly 4% After Middle East Strikes Escalate Tensions
Oil prices climbed by more than $3 per barrel on Wednesday as renewed military tensions in the Middle East heightened...
Asian Stocks Extend Decline as AI Spending Concerns Hit Chipmakers
Asian stock markets extended their losses for a second consecutive session as investors continued to sell chip stocks amid growing...
LCCI Warns Nigeria Risks Losing Tech Leadership Without Urgent Reforms
The Lagos Chamber of Commerce and Industry (LCCI) has warned that Nigeria could lose its position as Africa's leading technology...
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