Economy

1018 Articles
Economy

CBN Directs Banks to Block Loan Defaulters from Accessing New Credit

The Central Bank of Nigeria CBN has directed commercial banks to block loan defaulters, particularly large-ticket borrowers, from accessing new credit facilities. The...

Economy

Dangote Refinery Reverses Petrol Price Cut to ₦1,175 per Litre

The Dangote Petroleum Refinery has reversed its recent price reduction, raising the ex-depot price for Premium Motor Spirit PMS back to ₦1,175 per...

Economy

Nigerian Airlines Struggle as Aviation Fuel Price Jumps to N1,800 Per Litre

The Airline Operators of Nigeria has raised alarm over the sharp increase in the price of Jet A1, commonly known as aviation fuel,...

Economy

Kaduna Government Distributes Livestock Support to 5,000 Farmer Groups

Governor Uba Sani has continued to implement policies that place farmers at the centre of development as part of efforts to transform agriculture...

Economy

Okpebholo Orders Contractors to Work Round the Clock on Edo Road Projects

The Governor of Edo State, Monday Okpebholo, has directed contractors handling road construction projects across the state to work round the clock to...

Economy

FCCPC to Compel Airlines to Refund Passengers Over Yuletide Ticket Price Hike

The Federal Competition and Consumer Protection Commission FCCPC has announced plans to compel airlines that increased ticket prices during the December 2025 Christmas...

Economy

Lagos Trade Fair Corridor Traders Contribute Billions to Nigeria GDP Minister Oduwole Says

The Jumoke Oduwole, Minister of Industry Trade and Investment, has highlighted the significant economic contribution of traders operating within the Lagos International Trade...

Economy

Dangote Refinery Reduces Fuel Prices to Ease Burden on Nigerians

The management of Dangote Petroleum Refinery has announced a reduction in fuel prices, citing the move as an effort to ease the economic...

Economy

Oil Prices Swing Widely As Investors Respond To Middle East War Risks

Oil prices moved sharply throughout global trading sessions as investors reacted to new developments connected to the war in the Middle East. Market...

Economy

Senate Approves Second Reading of FCTA 2026 Appropriation Bill for N2.2 Trillion

The Senate of Nigeria on Wednesday approved the second reading of the Federal Capital Territory Administration 2026 Appropriation Bill, authorizing the issuance of...