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Business and Economy
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 WilfredThe 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...
Nigeria’s Public Debt Projected to Hit ₦160.6 Trillion by December Amid Rising Borrowing – Report
Nigeria’s total public debt could surge to ₦160.6 trillion by the end of 2025, as the Federal Government intensifies borrowing to bridge widening fiscal...
BIPC GMD: We’re Diversifying Benue’s Economy Through Macro Businesses
By Isaac Kertyo, MakurdiThe Group Managing Director (GMD) of the Benue Investment and Property Company (BIPC), Mr. Raymond Asemakaha, says the company under his...
Kaduna: Five Small Tomatoes Now N500, As Prices of Onions, Peppers Soar
By Achadu Gabriel, KadunaDespite a recent drop in fuel prices, residents in parts of Kaduna metropolis continue to face severe daily price hikes in...
Elon Musk, Jeff Bezos Gain $7.8 Billion in a Day as Tesla and Amazon Shares Rise
Tech moguls Elon Musk and Jeff Bezos saw their net worths surge by a combined $7.8 billion on Friday, following strong performances by Tesla...
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