Category: News

Personal loans to banks fall by 53.9%

Personal loans owed by Nigerians to commercial banks dropped sharply from N7.52 trillion in the...

Nigerians spend $1bn annually to import vehicles – NADDC

The National Automotive Design and Development Council has ramped up efforts to reduce Nigeria’s reliance...

DAPPMAN rejects Dangote refinery’s claim of inferior petrol importation

The Depots and Petroleum Products Marketers Association of Nigeria has firmly rejected claims made by...

Nigeria needs accurate data for successful energy transition — FG

The Federal Government has highlighted the need for accurate, reliable, and timely energy data to...

Food inflation worsen as imported rice prices rise by 144.77%

The price of imported high-quality rice, sold loose, has surged by 144.77% year-on-year, reflecting the...

Trade minister vows to harness AfCFTA for economic growth

The newly appointed Minister of Industry, Trade, and Investment, Jumoke Oduwole, has pledged to leverage...

Protesters storm NNPC Headquarters, demand end to adulterated fuel imports

A crowd of protesters stormed the National Petroleum Company Limited headquarters in Abuja on Monday,...

Fitch projects rise in Nigerian banks’ non-performing loans

Credit ratings agency, Fitch has projected an increase in non-performing loans among Nigerian banks in...

French families sue TikTok for exposing children to ‘harmful content’

Seven French families have filed a lawsuit against TikTok, claiming the platform exposed their adolescent...

Lagos-Calabar highway: Property owners to get N18bn, says Umahi

The Federal Government has increased compensation for property owners impacted by Section 1 of the...

Oil prices surge amid OPEC+ output delay

Oil prices surged on Monday, with Brent futures rising by $1.18, or 1.61%, to $74.28...

W’Bank projects drop in global commodity prices by 2025

The World Bank has projected a significant decline in global commodity prices, expecting them to...