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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Ondo State’s $50 Billion Refinery Deal: Promise, Peril, And Pitfalls Of Unverified Ambition
By Kunle Odusola-Stevenson, Lagos When Governor Lucky Aiyedatiwa announced the $50 billion Sunshine Infrastructure Joint Venture (JV) on November 5, 2025, Ondo State was projected to become Nigeria’s next industrial powerhouse. The
Terrorism Trial: Nnamdi Kanu Knows Fate Nov. 20
A Federal High Court sitting in Abuja, has fixed November 20, for judgment in the alleged terorism charge filed against Biafran agitator, Nnamdi Kanu, by the Federal Government. Justice James Omotosho fixed
Banks’ N1.96Trn Black Hole: Who Took The Loans, Who Defaulted, And Why Real Economy Suffers
By Blaize Udunze Nigeria’s banking sector has entered a season of reckoning. Eight of the nation’s biggest banks have collectively booked N1.96 trillion in impairment charges in just the first nine months
Ban Sachet Alcohol December 31st, Senate Orders NAFDAC
The Senate has ordered the National Agency for Food and Drug Administration and Control (NAFDAC) to enforce the December 31, 2025 deadline for the prohibition of alcohol in sachets. The resolution was
Mohammed Urges Phased Implementation Of Cost-Efficient Electricity Tariffs
Engr. Abdu Bello Mohammed, Managing Director of the Nigerian Independent System Operator (NISO), has advocated the need for a careful, phased approach to implementing cost-reflective electricity tariffs in Nigeria. He spoke in
Alleged Genocide:Don’t Succumb To Trump’s Pressures, Soyinka Warns FG
Nobel laureate, Prof. Wole Soyinka, has urged the Federal Government not to succumb to pressures aimed at undermining Nigeria’s national pride, over the recent designation of Nigeria as a Country of Particular
Lagride Unveils Affordable Omni
Lagos’ smart mobility platform has launched the Lagride Omni, a low-cost, air-conditioned shared-ride service designed for offices, churches, schools, and large groups. The Omni represents a major step forward in modernising group
Nigeria Will Overcome CPC Designation-Tinubu
President Bola Tinubu, on Thursday in Abuja, assured that Nigeria will overcome its recent designation as Country of Particular Concern by the United States of America The President, who spoke at the
Kano:FCCPC Shuts Five Textile Warehouses For Cheating Consumers
The Federal Competition and Consumer Protection Commission (FCCPC) has closed warehouses of five textile distributors engaged in unethical business practices. The textile distributors were engaged in deceptive sale of underweight and shortened
Nigeria’s Non-interest Capital Market Hits N1.6trn -SEC
Nigeria’s non-interest capital market has grown to a valuation of over N1.6 trillion, underscoring its expanding role in deepening financial inclusion and supporting infrastructure development, Dr. Emomotimi Agama, the Director-General of the
