BUSINESS
Budget Deficit May Trigger Fresh Recession – Finance Minister, Zainab Ahmed
With the deficit financing of the revised N10.509 trillion 2020 budget rising from N1.847 trillion to N4.563 trillion, the economy might be heading for...
VIDEO: We’re Financially Enlightened Govt, Not Jumping At Any Loan — Gov. Otti
Abia State Governor, Dr. Alex Otti has described his administration as financially enlightened, noting that it is not interested in jumping at any loan...
Nigeria’s Debt May Hit N77tn, Says DMO As FG Spends N5.2tn On Debt Serving In 2022
Nigeria’s public debt burden may hit N77tn if the National Assembly approves the request by the President, Major General Muhammadu Buhari (retd.), to restructure...
Quit Now, Abia Government Tells Umuahia Street Traders
Abia State government has asked traders operating at Ishigate at the centre of Umuahia, the capital to relocate to government approved markets immediately. The permanent...
Pound Inches Up As Naira Holds Ground In Early February Trading
The British Pound Sterling began the first Monday of February 2026 with a slight rise against the Naira in Nigeria’s foreign exchange market, marking...
NSCDC Vows Clampdown On Fake Naira Notes Syndicates, Cautions Nigerians
The Nigeria Security and Civil Defence Corps (NSCDC) says it will continue to arrest and prosecute those involved in the production and circulation of...
Nigeria To Commence Local Manufacturing Of Vehicle Next Year — Minister
The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, says Nigeria is ready to commence local automobile manufacturing before the end of the year. At...
Petrol Price Increased To N626.21 In September — NBS Report
The National Bureau of Statistics (NBS) has reported that the average retail price of a litre of petrol increased from N191.65 in September 2022...
Nigerian Food Market Hits $233.53bn At 10.76% Annual Growth Rate
•As 2026 agrofood confab attracts 137 exhibitors from 17 countries The Nigerian food market has been estimated to be around $233.53 billion in 2025, with...
Naira To Appreciate, Settle At N600/$1 In Coming Months, Says JP Morgan
According to JP Morgan, an American global financial services organization, the naira is likely to strengthen and trade at around N600 per dollar in...
