Business & Economy
Nigeria’s Public Debt Hits N144.67 Trillion in 2024, Soars 48.5% Year-on-Year
Nigeria’s total public debt surged by 48.5% year-on-year (YoY), reaching N144.67 trillion ($94.23 billion) in 2024, up from N97.34 trillion ($108.23 billion) in ...
Business & Economy
Dangote, Otedola, Adenuga, Rabiu Shine on 2025 Forbes Billionaires List
Nigeria’s top business moguls—Aliko Dangote, Femi Otedola, Mike Adenuga, and Abdulsamad Rabiu—have once again earned global recognition with their inclusion on the 2025 ...
Business & Economy
Naira Suffers Sharpest Decline in Weeks as Trump’s Tariff Shakes Global Markets
The Nigerian naira recorded its steepest depreciation in recent weeks on Thursday, following a tariff announcement by United States President Donald Trump that ...
Business & Economy
PETROAN Alleges Importation of Substandard Crude by Local Refineries
…Warns of health, economic risks as naira-for-crude deal ends The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has raised the alarm ...
Business & Economy
Trump’s 14% Tariff Threatens Nigeria’s $10bn US Exports
The recent announcement by former United States President Donald Trump imposing a sweeping 14 per cent tariff on Nigerian exports has sparked deep ...
Business & Economy
CBN Debunks Rumors of New N5,000 and N10,000 Banknotes
The Central Bank of Nigeria (CBN) has refuted circulating reports suggesting the introduction of new N5,000 and N10,000 banknotes, labeling the claims as ...
Business & Economy
World Bank Approves $1.08 Billion for Nigeria
The World Bank has approved three major funding operations for Nigeria, totaling $1.08 billion in concessional financing, aimed at improving education quality, enhancing ...
Business & Economy
Ekiti Airport Set for 24-Hour Operations as Governor Oyebanji Eyes Economic Boost
Ekiti State Governor, Biodun Oyebanji, has unveiled plans to transform the Ekiti Agro-Allied International Cargo Airport into a 24-hour operational hub, positioning it ...
Business & Economy
Fuel Price to Drop as Dangote Refinery Boosts Local Production — NIPSS
The National Institute for Policy and Strategic Studies (NIPSS) has projected a decline in the price of Premium Motor Spirit (PMS) as the ...
Business & Economy
Dangote Refinery Resumes Petrol Loading Amid Naira Suspension
The Dangote Petroleum Refinery has resumed the loading of Premium Motor Spirit (PMS), commonly known as petrol, on trucks for oil marketers, following ...