Nigeria’s debt may hit N130tn by Dec – Report
Nigeria’s public debt stock is estimated to rise to N130 trillion this year, raising concerns about the country’s debt-to-gross domestic product ratio.…
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Nigeria needs $498bn to bridge healthcare infrastructure gap – Expert
A professor in the Department of Estate Management of the University of Lagos, Timothy Nubi, has said that the nation will require…
Tackle food inflation, Ex- NDDC chair tells Tinubu
A former Managing Director of the Niger Delta Development Commission, Ibim Semenitari has beseeched President Bola Tinubu to tackle the issue of…
WazirX halts plan of sharing $230m loss among users
India’s largest crypto exchange WazirX has given up its idea to share the loss of $230 million in funds following a severe…
FG to build manufacturing hubs nationwide
The Federal Government has revealed plans to build manufacturing hubs in each of the country’s six geopolitical zones in order to produce…
FG yet to fulfill CNG buses conversion pledge – NURTW
The National Union of Road Transport Workers stated that the Federal Government has not kept its pledge to assist carriers in converting…
Police arrest ARM Pension director over alleged sexual assault
The Lagos State Police Command has place an Executive Director at ARM Pension Managers Limited (name withheld) under arrest over allegations of…
CBN introduces auction system to resolve unmet FX demand
The Nigerian Central Bank has revealed intentions to introduce a Retail Dutch Auction System in response to the growing unmet end-user demand…
Windfall tax: Otedola, Elumelu’s views not banking community stance, says Fidelity Bank chair
The Chairman of Fidelity Bank Nigeria, Mustafa Chike-Obi, has said that personal opinions expressed by some bank chairmen on the controversial windfall…
ECOWAS launches $906,205 aid for 2022 flooded Nigerian communities
The Economic Community of West African States has begun distributing its $906,205 (N1,449,928,000) aid to Nigerian communities severely impacted by the 2022…
N2.9bn debt: Kaduna Electric accuses state govt of ‘cheap blackmail’
Kaduna Electric has vehemently refuted claims that it owes N600 million in unpaid taxes, alleging that the Kaduna State Government is using…
African Central Bank governors bemoan continent’s high borrowing costs
African central bank governors have voiced concern over the continent’s rising borrowing costs, emphasizing that the current pace of development is not…