Private sector credit hits ₦77.9tn in April 2025
Credit to Nigeria’s private sector climbed to ₦77.9 trillion in April 2025, up from ₦76.2 trillion in March, according to the latest…
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Mauritania’s Tah to replace Nigeria’s Adesina as AfDB president
Mauritania’s Sidi Ould Tah has been elected as the ninth president of the African Development Bank Group. His election was officially announced…
S’Africa now Africa’s top fuel importer – Report
Nigeria is no longer Africa’s top importer of refined petroleum products, following increased output from the Dangote Petrochemical Refinery, a new report…
Nigeria’s inflation rate to peak at 24.7% in 2025 – AfDB
The African Development Bank, in its latest African Economic Outlook 2025, projects that Nigeria will experience an average inflation rate of 24.7%…
Airtel Africa lead gains as NGX Index breaks 110,000 barrier
The Nigerian All-Share Index shattered records on Tuesday, surging 1,721.29 points, or 1.57%, to close at an all-time high of 111,606.22, decisively…
FG to earn $7m daily from Dangote’s fertiliser export plan
The President of Dangote Industries Limited, Aliko Dangote, has revealed that the company plans to begin exporting up to 16,000 tonnes of…
FCTA shuts FIRS, Access Bank Abuja offices over rent debt
The Federal Capital Territory Administration on Monday sealed off a prominent office of the Federal Inland Revenue Service in Abuja over allegations…
P’Harcourt refinery wasn’t producing petrol before shutdown – IPMAN
The Independent Petroleum Marketers Association of Nigeria stated that the Nigerian National Petroleum Company Limited had to shut down the Port Harcourt…
NCC orders telecom operators to notify users of major outages
The Nigerian Communications Commission has issued a directive requiring telecommunications operators to promptly inform customers of significant service disruptions through various media…
FG moves to revive steel industry
The Nigerian Federal Government has ramped up efforts to resuscitate the nation’s struggling steel industry, with a strategic inspection visit to Premium…
Travelers cancel Japan trips after comic book predicts earthquake
Holiday bookings to Japan from major Asian markets have dropped sharply ahead of the summer travel season, driven by rumours of a…
JUST IN: Two injured as aircraft crashlands in Kwara
Two individuals have been hospitalised following the crash-landing of a Diamond training aircraft operated by the Aviation Training School in Ilorin, Kwara…