Each Nigerian owes over N656,000 as public debt rises to N142.3trn

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According to data released by the Debt Management Office (DMO), Nigeria's public debt profile increased from N134.3 trillion in June 2024 to N142.32 trillion...

FRC: No Hyperinflation in Nigeria’s Economic Landscape

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Nigeria, according to the Financial Reporting Council (FRC), does not meet current criteria for being classified as a hyperinflationary economy. Local businesses will not use...

WEF: Shettima and African Leaders Urge Full Implementation of AfCFTA

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AfCFTA aims to increase the continent's GDP to $29 trillion by 2050, and vice president Kashim Shettima has joined other world leaders in advocating...

Transgrid Enerco Announces Strategic Move to Acquire Eko DisCo

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By signing a Share Purchase Agreement (SPA), Transgrid Enerco Limited has acquired a 60% equity position in Eko Electricity Distribution Company (Eko DisCo), marking...

Fuel Price Soars: NNPCL Sets Petrol at N990 in Abuja, N960 in Lagos

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The Nigerian National Petroleum Company Limited (NNPCL) has increased the price of gasoline at the pump in the Federal Capital Territory from N965 to...

CBN Sees 4.17% GDP Growth in 2025, Asserts Reforms Are Working

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According to the Central Bank of Nigeria (CBN), the nation's GDP will expand by 4.17 percent, up from 3.36 percent in 2024.Schemes for small...

Nigeria Aims for Global Mining Partnerships to Enhance Economic Development

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In order to stimulate economic growth, investment, and innovation, the federal government has stated its intention to cultivate strategic international mining alliances. Dr. Doris Uzoka-Anite,...

Nigeria’s Crude Oil Production Reaches 566 Million Barrels in 2024 – NUPRC Report

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The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) provided the data, which indicates that Nigeria produced 566.8 million barrels of crude oil and condensate in...

EZYHILLS Global Resources LTD: Redefining Real Estate With Innovation And Hope

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After being incorporated in 2020, EZYHILLS Global Resources LTD has quickly grown into a diverse company that is deeply committed to solving important societal...

Fidelity Bank Supports Improved Maternal Health in Lagos

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Fidelity Bank Supports Improved Maternal Health in Lagos By Naomisophyblog Leading Financial Institution, Fidelity Bank Plc, has donated maternity kits to 30 pregnant women at Mushin...