Naira slide swells oil loans by 78% to N11.8trn
Bank credit to oil and gas companies in Nigeria rose 78 percent to N11.8 trillion ($27 billion) in 2023 with...
- Friday, July 03, 2026
BusinessDay
Bank credit to oil and gas companies in Nigeria rose 78 percent to N11.8 trillion ($27 billion) in 2023 with...
The earnings of some of Nigeria’s biggest banks more than tripled in the first three months of 2024 as a...
Air cargo volumes across airports in Nigeria dwindled in 2023 after inflation accelerated Rising production costs, dwindling purchasing power, elevated...
The Academic Staff Union of Universities( ASUU) has threatened to embark on another strike that may disrupt activities in the...
The naira on Tuesday continued its free fall across the foreign exchange (FX) market, depreciating to a new low of 1,530 per dollar on the parallel market, also known as the black market....
President Bola Tinubu and Vice President Kashim Shettima will henceforth pay the required fees at tollgates whenever they use the...
The federal government on Tuesday confirmed the suspension of the 0.5% cybersecurity levy imposed recently by the Central Bank of...
Many more people who today pride themselves as landlords in Lagos, particularly those who have built their homes in the...
The naira continued its free fall across Foreign exchange (FX) markets, despite a surge in dollar supply at the official...
Political instability in Rivers, Nigeria’s oil-rich state, is stoking fears of a further decline in the country’s already fragile oil...