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Obi Raises Alarm: Nigeria’s N187tn Debt Is a Ticking Time Bomb

Labour Party’s 2023 presidential candidate, Peter Obi, has raised fresh concerns about Nigeria’s ballooning debt profile, describing the N187 trillion debt stock as "unsustainable...

Textile Comeback: FG Plots Revival of Kaduna Industry – Akume

The Federal Government has revealed plans to revive the defunct Kaduna Textile industry in a renewed push for national industrialization and economic diversification. Secretary...

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Obi Raises Alarm: Nigeria’s N187tn Debt Is a Ticking Time Bomb

Labour Party’s 2023 presidential candidate, Peter Obi, has raised fresh concerns about Nigeria’s ballooning debt profile, describing the N187 trillion debt stock as "unsustainable...

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Obi Raises Alarm: Nigeria’s N187tn Debt Is a Ticking Time Bomb

Labour Party’s 2023 presidential candidate, Peter Obi, has raised fresh concerns about Nigeria’s ballooning debt profile, describing the N187 trillion debt stock as "unsustainable...

IMF Keeps Nigeria’s Growth Forecast at 3.4% After GDP Rebase

The International Monetary Fund (IMF) has maintained its projection of a 3.4 percent real GDP growth rate for Nigeria in 2025, despite the National...

Textile Comeback: FG Plots Revival of Kaduna Industry – Akume

The Federal Government has revealed plans to revive the defunct Kaduna Textile industry in a renewed push for national industrialization and economic diversification. Secretary...
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CBN: FX Inflows via IMTOs Hit $4.76bn

Foreign exchange inflows into Nigeria through International Money Transfer Operators (IMTOs) surged by 44.49% to reach $4.76 billion in 2024, marking a significant recovery...

Tinubu Appoints 22 Key Officials to Strengthen Federal Institutions

President Bola Tinubu has approved the appointment of 22 individuals to leadership roles across various federal agencies and commissions, in a move aimed at...

BREAKING: NNPC Announces PH Refinery Shutdown for Maintenance

NNPC Ltd Announces Scheduled Maintenance Shutdown at Port Harcourt Refining Company Starting May 24, 2025 The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially...

Only Registered Miners Allowed to Operate in Plateau, Mutfwang Warns

Governor Caleb Mutfwang of Plateau State has reaffirmed that only miners officially cleared by the State Technical Committee are permitted to operate within the...

FCTA to Reclaim 4,794 Plots Over Unpaid Ground Rent Starting Monday

The Federal Capital Territory Administration (FCTA) will begin full-scale repossession of 4,794 landed properties in Abuja from Monday, May 26, 2025, following their revocation...

Protesters Storm US Embassy, Demand Visa Ban on Mele Kyari Over NNPCL Corruption Probe

In a bold demonstration on Friday, a coalition of young professionals and civil society activists gathered outside the United States Embassy in Abuja to...

FG to Raise N300bn in Bond Auction

The Federal Government of Nigeria, through its Debt Management Office (DMO), has announced plans to raise N300 billion from the capital market via a...

NGX Equities Drop, Market Loses N274 Billion

The Nigerian Exchange (NGX) experienced a notable downturn on Thursday, May 22, 2025, as equities shed a substantial N274 billion in market value. The...

Foreign Transactions on NGX Plunge 91% to N63 Billion

Foreign portfolio investments on the Nigerian Exchange Limited (NGX) experienced a dramatic decline of 90.99% in April 2025, falling sharply to N63.07 billion from...

Customs Seize N3.2bn Stolen Cars from Canada and Others

The Nigeria Customs Service (NCS), Apapa Area Command, has intercepted a shipment of stolen luxury vehicles from Canada alongside other illicit goods valued at...

Jonathan: Western Oil Firms Exploited Nigeria’s Weak Laws

Nigeria’s former President, Goodluck Jonathan, has sharply criticized Western oil companies for exploiting Nigeria’s historically weak legal framework and lack of technical expertise in...

CBN Treasury Bills Auction Attracts N1.17 Trillion in Bids

The Central Bank of Nigeria’s (CBN) recent Treasury Bills (T-Bills) auction held on May 21, 2025, witnessed a remarkable turnout, attracting bids totaling N1.17...