Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
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Megawatts Not Enough- Power Minister
Nigeria must change how it measures success in the electricity sector, the Minister of Power, Chief Joseph Tegbe, has said He spoke at the National Stakeholders Engagement Workshop hosted by the Rural
CBN Releases New Rules For BDCs, Unveils Online FX Portal
The Central Bank of Nigeria has issued new operational guidelines for Bureau De Change operators. The July 15, 2026 circular, signed by Aderinola Shonekan, Director of Trade & Exchange, introduces an electronic
Sterling Bank, StarTimes Eye ₦2bn In Solar Loan
Sterling Bank and StarTimes Nigeria have launched Sterling Solar Financing Hubs inside StarTimes retail outlets in the country. The aim is to provide on-the-spot solar financing and hit ₦2 billion in renewable
PETROAN Seeks Restart Of Public Refineries Over Dangote’s Dollar Sales
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, is asking the Federal Government to immediately restart all government-owned refineries. PETROAN said working public refineries will serve as a price check
Imo Development Justifies Fuel Subsidy Removal-Presidency
The Presidency has justified the removal of fuel subsidy, saying it is already producing results. It said the increase in federal and state government projects in Imo State shows the policy is
Pension Assets Hit N32trn
The Director-General of the National Pension Commission, Ms Omolola Oloworaran, has said that pension assets in Nigeria have grown to N31.48 trillion, representing a N10.7 trillion increase in the last 24 months.
How The Landlords’ Economy Is Pricing Nigerians Out Of Home
By Blaise Udunze It is considered that in every organized society, the home is supposed to be a place of security. It should be where families find peace after a hard day’s
Reps Query ₦34trn Customs Waivers, Demand Beneficiary List
The House of Representatives Committee on Finance has asked the Nigeria Customs Service to account for about ₦34 trillion in import duty waivers granted in 2025. At a session on Wednesday, the
FG Inaugurates Panel To Accelerate Power Market Reform
The Federal Government has set up a nine-member committee to address challenges in the decentralisation of Nigeria’s electricity market. The Minister of Power, Joseph Tegbe inaugurated the inter-agency committee on Wednesday. The
Nigeria’s Inflation Drops To 15.91% In June
Nigeria’s inflation rate fell slightly to 15.91% in June 2026, down from 15.93% in May, the National Bureau of Statistics (NBS) has said. The NBS CPI report also showed a sharp drop
