Business

FG’s N9trn borrowing surge squeezes credit to businesses – CBN

The Federal Government’s domestic borrowing jumped sharply in 2025, crowding out businesses and widening the gap between public and private…

2 months ago

Stock market reverses losses as investors gain N233bn

The Nigerian stock market rebounded on Thursday, January 29, 2026, as investors recorded gains of N233 billion following renewed buying…

2 months ago

NUPRC opens 50 oil, gas blocs for bidding

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has opened 50 oil and gas blocs across five sedimentary basins for bidding…

2 months ago

Nigeria’s crude oil sales hit N55.5trn in 2025

Nigeria generated an estimated N55.5 trillion from crude oil sales in 2025, driven by higher production and supportive oil prices,…

2 months ago

Stock market investors lose N352bn

The Nigerian stock market closed lower on Wednesday, January 28, 2026, reversing previous gains and eroding investors’ wealth by N352…

2 months ago

FG, World Bank partner NGF to drive education, healthcare reforms

The World Bank–assisted Human Capital Opportunities for Prosperity and Equity Governance (HOPE-GOV) Program of the Federal Ministry of Budget and…

2 months ago

Ekiti govt presents N415.5bn 2026 budget, targets N8.8trn GDP

The Ekiti State Government has presented the analysis of the N415.572 billion 2026 Budget of Impactful Governance, affirming a projection…

2 months ago

How Oyo recorded ₦103bn IGR in 2025 — Commissioner

The Oyo State Government has attributed its record ₦103 billion Internally Generated Revenue (IGR) in 2025 to the deliberate application…

2 months ago

CBN allows temporary use of expired NAFDAC licences for imports

The Central Bank of Nigeria (CBN) has approved a temporary measure permitting importers to use expired National Agency for Food…

2 months ago

PAYE cuts raising workers’ take-home pay – Oyedele

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, has said Nigerian workers are beginning…

2 months ago

This website uses cookies.