Nigerian economy
FG Borrowing Crowds Out Private Sector as Government Credit Jumps N9.19tn in 2025
The Federal Government’s domestic borrowing from the financial system rose sharply in 2025 despite elevated interest rates, significantly widening the gap between public...
Transcorp Hotels Records Historic N97bn Revenue in 2025, Profit Soars 47%
Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has reported a historic revenue of N97.04bn for the 2025 financial year, representing...
Alternative Bank Executive Calls for Predictable Policies to Boost Blended Finance for Inclusive Growth
The Executive Director, Commercial and Institutional Banking for Lagos and the South-West at The Alternative Bank, Korede Demola-Adeniyi, has called for stronger public-private...
Petrol Price May Hit N1,000 Per Litre as Global Crude Oil Prices Surge
The pump price of Premium Motor Spirit (PMS), popularly known as petrol, may rise to as much as N1,000 per litre in the...
Elizade JAC Autoland, Sterling Bank Partner to Expand Vehicle Financing Access
Elizade JAC Autoland Limited has entered into a strategic partnership with Sterling Bank Plc to expand access to brand-new vehicles for Nigerians through...
Naira Breaks N1,400/$1 Barrier on Official Market After Over a Year
Nigeria’s naira has traded below the N1,400 to the dollar mark on the official foreign exchange market for the first time in over...
IMPI Projects Nigeria’s GDP Growth at 5.5% in 2026, Cites Tinubu’s Economic Model
The Independent Media and Policy Initiative (IMPI) has projected that Nigeria’s Gross Domestic Product will grow by 5.5 per cent in 2026, attributing...
Courier Services Power Nigeria’s E-Commerce Boom Despite Lingering Hurdles
Courier operators are increasingly serving as the backbone of Nigeria’s fast-growing e-commerce ecosystem, efficiently connecting sellers and buyers and driving sharp growth in...
Naira Strengthens Against Dollar, Maintains Positive Momentum in Official Market
The Nigerian Naira maintained its positive momentum against the U.S. Dollar during mid-week trading on Wednesday, January 28, 2026, continuing a trend of...
National Grid Suffers Second Disruption in Four Days, Sparks Fresh Power Concerns
Nigeria’s national power grid experienced another disruption yesterday, the second in four days, leading to widespread outages across the country and reigniting concerns...
