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CBN Holds Benchmark Interest Rate at 27 Percent

The Central Bank of Nigeria has held its benchmark rate at 27 percent, keeping pressure on inflation while signaling caution on economic risks.
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Nigeria’s Bishops Warn of Rising Security Threats

Catholic bishops raise alarm over Nigeria’s growing insecurity, urging swift government action as communities face escalating violence and instability nationwide.

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Business

PTML Customs Reports N288 Billion Revenue Surge

PTML Command set a record with N288 billion revenue in 2024, marking 34.8% growth and enhanced enforcement efficiency.
Business

Nigeria’s Black Market Dollar Rate Now ₦1,740/$ As Demand Rises

Naira trade in NGN/$ at the PMA at ₦1,740/$ and the official rate touches ₦1,678.87/$.
Business

Transforming Global Agriculture and Economics

The rise of agribusiness transforms global food production and economies while driving environmental shifts and challenging small-scale farmers' livelihoods
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Court Issues Arrest Warrant for Dana Air MD Over Alleged N1.3bn Fraud

Dana Air MD Hathiramani Ranesh faces an arrest warrant for failing to appear in court over an alleged N1.3 billion fraud case
Business

Why Exporters Are Struggling

Nigeria’s nonoild export growth is stifled by rising costs, high interest rates and policy restrictions.
Business

Dangote Refinery Accuses Competitor of Selling Substandard Petroleum Products

Dangote Refinery calls out substandard fuel imports in Nigeria and urges government action to protect local industries
Business

Electricity Tariff Hikes: What Nigerians Are Saying

Tariff hikes deepen frustration as Nigerians face rising energy costs and unreliable service, straining households and businesses alike.
Business

Yuletide drives Petrol Consumption to 50 million Litres

Nigeria’s daily fuel demand climbs to 50 million liters ahead of the yuletide, despite subsidy removal and price hikes
Business

Access Bank eyes Dollar-denominated securities deal with DFIs

Access Bank plans a dollar securities sale in two tranches, leveraging Nigeria’s successful $900 million bond to boost capital and growth.
Business

Nigeria’s $618 Million Borrowing for Attack Jets: Addressing Insecurity at Economic Cost

Nigeria’s approval of a $618 million loan for attack jets addresses rising insecurity but prompts questions on economic impact and sustainable security solutions.
Business

Nigeria Loses N36 Trillion Annually to Untitled Land Ownership

Nigeria's real estate sector loses N36 trillion yearly due to untitled land, exposing challenges in the informal ownership system.
Business

How I Secured Debt Forgiveness for Nigeria – Obasanjo

Obasanjo explains how strategic reforms helped Nigeria achieve critical debt forgiveness, enabling greater economic growth and reduced debt burden
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News

CBN Holds Benchmark Interest Rate at 27 Percent

The Central Bank of Nigeria has held its benchmark rate at 27 percent, keeping pressure on inflation while signaling caution on economic risks.
News

Nigeria’s Bishops Warn of Rising Security Threats

Catholic bishops raise alarm over Nigeria’s growing insecurity, urging swift government action as communities face escalating violence and instability nationwide.
News

UNIMAID Graduates Over 20,000 Students

UNIMAID celebrates a major graduation milestone as more than 20,000 students complete academic programs supported by significant federal and state interventions
News

UN: Terror and Banditry Push Millions in Northern Nigeria Toward Famine

The UN reports a surge in hunger across northern Nigeria as renewed attacks, mass abductions and funding cuts push thousands toward catastrophic, famine level conditions.

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