Federal Government’s Domestic Borrowing Surges In 2025, Crowding Out Private Sector Credit
The Federal Government’s domestic borrowing from banks and financial market operators rose sharply in 2025 despite high interest rates, widening the gap between public...
Uber, Bolt Drivers Begin Nationwide Strike
The Amalgamated Union of App-based Transport Workers of Nigeria, comprising drivers under the platform of e-hailing companies like Uber and Bolt, has said it...
“It’s Foolishness To Keep Borrowing” – Obasanjo Blasts Buhari
Former President, Olusegun Obasanjo has fired the Muhammadu Buhari administration over its continuous borrowing to fund recurrent expenditure. Obasanjo, in a recent interview with Channels...
Dangote Petrol Prices Now Higher Than Imported Fuel, MRS Retail Hikes To N839/Litre
The landing cost of imported Premium Motor Spirit (PMS) has now fallen below the Dangote Petroleum Refinery’s gantry price, following the refinery’s recent price...
Nigerians Should Accept Increase In Fuel Price – Minister
The Federal Government has insisted that Nigerians should brace up for an increment in the pump price of petrol, in the light of the...
FG Stops Purchase Of Vehicles
Federal Government has stopped what it called non-critical and administrative capital spending, including the purchase of vehicles. The Special Adviser to the President on Media...
Buhari Presents N20.5 Trillion 2023 Budget To National Assembly
President Muhammadu Buhari has put the total budget estimate for 2023 at N20.5 trillion. Out of this, the government is budgeting about N6 trillion for...
Nigeria Reaching Maximum Capacity To Borrow, Says El- Rufai
Governor Nasir El-Rufai of Kaduna State has revealed that the country is about reaching its maximum capacity to borrow, hence the need to improve...
Pound To Naira Exchange Rate Today, May 6, 2026
The Nigerian Naira traded slightly firmer against the British Pound Sterling on Wednesday, May 6, 2026, across both the official Nigerian Foreign Exchange Market...
Dollar To Naira Exchange Rate Today, April 14, 2026
The Nigerian Naira showed signs of marginal recovery in the early trading hours of Tuesday, April 14, 2026, as the foreign exchange market reacted...
