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Business and Economy

E-TICKETING: Sokoto Govt Releases 30 New Mass Transit Buses

By Muhammad Ibrahim, Sokoto The Sokoto State Government has released 30 additional mass transit buses to the State Ministry of Transportation to further improve inter-state...

Benue Digital Infrastructure Company to Enhance State’s Revenue, Create Jobs, Says GMD

By Isaac Kertyo, Makurdi The Benue Digital Infrastructure Company (BDIC) has reaffirmed its mandate from the Benue State Government to enhance revenue generation and create...

BREAKING: Stanbic IBTC Crosses N100 Mark in Midday Trade, Becomes Nigeria’s Second Bank to Do So

Stanbic IBTC Holdings Plc crossed the N100 mark in midday trading on Tuesday, July 29, 2025, hitting N101 per share on the Nigerian Exchange...

Nigeria’s Largest Economic Sectors in Q1 2025

Nigeria’s economic landscape continues to shift, with a rebased Gross Domestic Product (GDP) now benchmarked to 2019 instead of 2010. This adjustment offers a...

Nigeria’s Consumption Crisis: What’s Behind the Collapse in Household Spending and How to Reverse It

Household spending in Nigeria has taken a nosedive—and it's happening faster than most realize. According to the latest “Nigerian Gross Domestic Product Report (Expenditure and...

Dangote: Refinery Imports 10 Million Barrels Monthly from US, Others Due to High Costs and Supply Challenges

President/CEO of Dangote Industries Limited, Aliko Dangote, has disclosed that the Dangote Petroleum Refinery imports around 9–10 million barrels of crude oil every month...

Senate Approves Tinubu’s $21bn Foreign Loan for 2025–2026 Budget Implementation

The Senate on Tuesday gave its approval to President Bola Tinubu’s external borrowing plan totaling over $21 billion, a move designed to support the...

CBN Holds Benchmark Interest Rate at 27.5% for Seventh Consecutive Time

The Central Bank of Nigeria (CBN) has maintained the Monetary Policy Rate (MPR) at 27.5%, marking the seventh consecutive time it has held the...

SGF to NCDC: Work as a Team for Spectacular Results

By Francis Wilfred The Secretary to the Government of the Federation (SGF), Senator George Akume, CON, has urged the management team of the North-Central Development...

BREAKING: Nigeria’s Economy Expands by 3.46% in Q1 2025 – NBS

Nigeria’s Gross Domestic Product (GDP) grew by 3.46% in real terms year-on-year in the first quarter of 2025, according to data released by the...

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