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Business and Economy

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...

$12m Forex: Witness Fingers SunTrust Executives, Oil Magnate in Secret Deals

A witness has told the Federal High Court in Abuja how top bosses of SunTrust Bank — Halima Buba (MD/CEO) and Innocent Mbagwu (Chief...

Tinubu Appoints Muhammad Babangida as Bank of Agriculture Chairman, Announces Other Key Federal Appointments

President Bola Ahmed Tinubu has approved the appointment of Muhammad Babangida as Chairman of the newly restructured Bank of Agriculture, alongside eight other top-level...

WAACS, Stakeholders Push to Reform Child Care in West Africa

By Israel Adamu, JosThe West Africa Alternative Care Summit (WAACS) on Wednesday convened stakeholders from across the region in Jos, the Plateau State capital,...

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