Borrowing Pain Deepens: Bank Lending Rates Soar To 46%, Squeezing Nigerian Businesses
Businesses across Nigeria’s major sectors are reeling under mounting financial pressure as bank lending rates surge to record highs, with some reaching an astonishing...
“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...
Hardship Comment: APC Governors Caution PDP Against Inciting Nigerians Against Govt
The Progressive Governors’ Forum has cautioned their counterparts in the Peoples Democratic Party (PDP) against utterances and actions capable of inciting the masses against...
Nigeria Will Exit Recession By First Quarter Of 2021 – Finance Minister
Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday, said the country will exit recession by the first quarter of...
Dollar To Naira Exchange Rate Today, June 3, 2026
The Nigerian naira remained relatively stable against the United States dollar on Wednesday, June 3, 2026, across both the official and parallel foreign exchange...
Naira Crashes To N710 Per Dollar
The naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Checks by Peoples Gazette (not ABN TV) on Wednesday showed the current parallel market rate pegged at N710 to a dolla...
FG On Course To Pass Budget Before 2021 – Budget Office
The Federal Government is on course to ensure that the 2021 Appropriation Bill currently before the National Assembly is passed before the end of...
Buhari Vows To Expose Big Names Behind Oil Theft
President Muhammadu Buhari has said his government would soon reveal the identities of important personalities behind oil theft in the country. Senior Special Assistant to...
“N11,000 Flight Charge No Longer Realistic” – FG
The Director-General of the Nigerian Airspace Management Agency (NAMA), Farouk Umar, has warned that the N11,000 charge currently imposed on airlines per flight is...
FEC Approves ₦13.08 Trillion 2021 Budget
The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N13.09 trillion budget estimate for 2021 fiscal year. Briefing State House...
