Nigeria’s World Bank Debt Hits $19.89bn as Borrowing Rises Under Tinubu
Nigeria’s debt to the World Bank has increased to $19.89 billion as of December 31, 2025, marking a significant rise…
Business
Air Peace Breaks Silence on Gatwick Chaos, Blames Bird Strike for Flight Cancellation
Air Peace has responded to backlash over its disrupted London to Lagos flight, stating that a bird strike forced the…
Dangote Refinery Exports Jump 770% as NNPC Hits Five-Year Trading Peak
Dangote Petroleum Refinery has recorded a sharp rise in jet fuel exports, surging by about 770 per cent over two…
CBN Raises ATM Card Fees to ₦1,500, Scraps Monthly Maintenance Charges on Naira Cards
The Central Bank of Nigeria (CBN) has approved a 50 per cent increase in ATM debit and credit card issuance…
Sanusi Lamido Sanusi Defends Subsidy Removal, Questions FX Policy Timing in Viral Remarks
Former Central Bank of Nigeria Governor and Emir of Kano, Sanusi Lamido Sanusi, has reignited national debate on fuel subsidy…
FG, Airlines Deadlocked Over Jet Fuel Pricing as Tinubu’s Debt Relief Plan Faces Test
The Federal Government, airline operators, and fuel marketers have failed to reach an agreement on Jet A1 pricing after an…
FAAC Shares N2.036trn March Revenue Amid Mixed Oil, Tax Returns
The Federation Account Allocation Committee (FAAC) has shared N2.036 trillion among the three tiers of government for March 2026, reflecting…
Naira Strengthens Slightly to ₦1,345/$ as Stability Holds Across Markets
The Nigerian Naira opened trading on Tuesday at an average of ₦1,345.47 per dollar in the official market, extending its…
Naira Opens Week at ₦1,347/$ as Dollar Demand Keeps Pressure on FX Market
The Nigerian Naira began trading on Monday, April 20, 2026, at about ₦1,347.33 per US Dollar at the official window,…
FG Bans Import of Poultry, Cement, Drugs from Non-ECOWAS Countries, Introduces 2% Vehicle Tax
The Federal Government has announced a sweeping ban on the importation of poultry products, cement, pharmaceuticals and several agricultural goods…