Economy
FCT Residents Raise Alarm Over Rising Transport Fares Amid Petrol Price Surge
Residents of the Federal Capital Territory (FCT) have expressed concern over rising transport fares following the recent increase in the...
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CBN Bars Banks from Granting Credit to Large Borrowers with Non-Performing Loans
The Central Bank of Nigeria (CBN) has directed banks to deny certain banking services and additional credit facilities to large...
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Poverty Rate in Nigeria Rises to 63% After Petrol Subsidy Removal – Study
A new study has revealed that about 63 per cent of Nigerians fell below the poverty line following the removal...
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CBN Confirms 30 Banks Meet New Capital Requirements Ahead of Deadline
The Central Bank of Nigeria has confirmed that 30 banks have successfully met the new minimum capital requirements under the...
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FMBN, NSITF Partner to Expand Affordable Housing for Nigerian Workers
The Federal Mortgage Bank of Nigeria (FMBN) and the Nigeria Social Insurance Trust Fund (NSITF) have announced plans to collaborate...
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Nigeria’s Non-Oil Exports Rise to N12.36tn in 2025
Nigeria’s non-oil exports recorded a significant increase in 2025, reaching N12.36 trillion between January and December, according to the latest...
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Nigeria Spends $5.21bn on External Debt Servicing in 2025
Nigeria spent about $5.21bn servicing its external debt obligations in 2025, accounting for more than 72 per cent of the...
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Wale Edun Says Nigerians Should Be Thankful for Local Refining Capacity Amid Rising Fuel Prices
Nigeria’s Minister of Finance, Wale Edun, has said the current increase in petrol prices reflects market realities, urging Nigerians to...
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NUPENG Warns Oil Sector Jobs at Risk Amid Global Market Volatility
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has warned that ongoing volatility in the global oil market...
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Enugu State Advances Solid Minerals Sector with Exploration and Reforms
The Enugu State government has made significant progress in developing its solid minerals sector, unveiling comprehensive exploration efforts and regulatory...
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