BUSINESS
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...
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...
CBN Raises Interest Rate To 27.50%
Nigeria's interest rate was raised by 25 basis points by the Central Bank of Nigeria from 27.25 percent in September 2024 to 27.50 percent...
Ikpeazu Seeks Collaboration Of French Govt In Developing Enyimba Economic City
The Governor of Abia State, Dr. Okezie Ikpeazu has sought the collaboration of the Government of France in attracting French companies to invest in...
Pound To Naira Exchange Rate Today, March 6, 2026
The British Pound has maintained a steady but slightly elevated position against the Nigerian Naira as the first full trading week of March 2026...
Naira Appreciated To N1,535/$ In Parallel Market
The Naira yesterday depreciated to N1,535 per dollar in the parallel market from N1,525 per dollar on Monday. But the Naira appreciated to N1,485.05...
BREAKING: Petrol Pump Price Now N170 Per Litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN ) has directed marketers to sell the Premium Motor Spirit (PMS ) for N170 per litre. The...
Abia Residents Carpet EEDC Over Increase In Electricity Tariff
Public power consumers in Abia State, South East Nigeria, are lamenting the latest hike in electricity tariff by the Enugu Electricity Distribution Company, EEDC. The...
FIRS Defends FG’s Borrowing Framework As Legitimate
The Federal Inland Revenue Service, FIRS, yesterday defended the federal government’s borrowing plan, insisting that debt remained a legitimate component of every national budget. It...
Nigeria’s $632M Loan Request Set For Approval By World Bank Today
Amid growing concerns over Nigeria's increasing debt profile, the World Bank is scheduled to approve new loans totaling $632 million to the country today...
