Economy
SMEs Access Only 0.51% of Banks’ Credit Over 10 Years in Nigeria
Data from the Central Bank of Nigeria (CBN) reveals that small and medium-sized enterprises (SMEs) in Nigeria face severe financing constraints, despite being...
BUA Cement to Build $240 Million, 3-Million-Tonne Cement Plant in Sokoto
BUA Cement Plc has announced plans to construct a 3-million-tonne-per-annum cement production line in Sokoto, in a $240 million project aimed at boosting...
Dogara Says ADC Lacks Credible Alternatives, Urges Nigerians to Support Tinubu Reforms
Former Speaker of the House of Representatives, Yakubu Dogara, has criticised leaders of the African Democratic Congress (ADC), saying the party cannot be...
CBN Resolves 9,771 Bank Customer Complaints in H1 2025 Amid Surge in Reports
The Central Bank of Nigeria (CBN) has resolved 9,771 out of 10,704 bank customer complaints received in the first half of 2025 (H1’25),...
Nigeria’s Exports to Africa Rise 14% to N4.82 Trillion in H1 2025
Nigeria’s exports to African countries climbed to N4.82 trillion in the first half of 2025, representing a 14 per cent year-on-year increase compared...
CBN Sets New Minimum Standards for ATM Deployment and Operations
The Central Bank of Nigeria (CBN) has introduced new minimum standards for the deployment, operations, maintenance, and security of Automated Teller Machines (ATMs)...
Federal Government Unveils Plans to Empower 14 Million Farmers in Cassava Bio-Ethanol Project
The Federal Government has launched an ambitious initiative aimed at empowering 14 million smallholder farmers as pivotal players in the Cassava Bio-Ethanol Value...
NMDPRA Projects Continued Decline in Petrol, sel, and LPG Prices
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that prices of petrol, diesel, and Liquefied Petroleum Gas (LPG) are set...
Falling Food Prices May Signal Looming Food Crisis in Nigeria
One of the great paradoxes of economics is quietly unfolding in Nigeria and could trigger another food crisis later in the year. In...
Nigeria’s PAPSS Transactions Drop 53% as Cross-Border Payments Decline in H1 2025
Nigeria’s participation in the Pan-African Payment and Settlement System (PAPSS) witnessed a sharp slowdown in the first half of 2025, with the value...
