8+ hour, 20+ min ago   (924+ words) Bank loans dominate borrowing among Nigeria’s largest listed companies Nigeria’s largest listed companies had combined borrowings of ₦6.25 trillion as of June 2026, with bank loans and other direct borrowings accounting for a significant portion of their debt, highlighting the continued importance…...

4+ day, 8+ hour ago   (801+ words) Tinubu urges banks to increase lending to productive businesses President Bola Tinubu has urged Nigerian banks to redirect more capital from government securities towards businesses and productive sectors, saying the next phase of Nigeria’s economic reforms must translate improved macroeconomic…...

4+ day, 9+ hour ago   (694+ words) FCTA officials inspect quarry operations in Bwari The Federal Capital Territory Administration (FCTA) has intensified inspections of quarry and mining operations in Bwari Area Council, warning operators that failure to comply with safety, environmental and statutory requirements could lead to…...

6+ day, 7+ hour ago   (552+ words) Lagos begins consultations for its 2027 budget The Lagos State Government has commenced consultations with residents and other stakeholders across the state’s five divisions as it begins preparations for the 2027 Appropriation Bill. The exercise, organised by the Ministry of Economic Planning…...

6+ day, 10+ hour ago   (682+ words) Oye urges FG to turn economic gains into household benefits Dele Oye, Chairman of Alliance for Economic Research and Ethics Ltd/GTE, has urged President Bola Tinubu’s administration to translate Nigeria’s recent economic gains into lower food prices, more productive…...

1+ week, 4+ day ago   (1234+ words) Uber exits Nigeria after 12 years Uber has announced plans to wind down its operations in Nigeria and Uganda, bringing its 12-year presence in the Nigerian market to an end effective September 2, 2026. The global ride-hailing company said the decision followed a…...

1+ week, 4+ day ago   (1154+ words) Over 150 African energy projects face investment delays More than 150 oil and gas projects across Africa have stalled amid declining investment in the continent’s energy sector, raising concerns over energy access, industrial development and economic growth. The Chairman of the Independent…...

2+ week, 6+ day ago   (707+ words) Dangote Expands Free Fuel Delivery as Kano, Imo Join Refinery’s Network Dangote Petroleum Refinery has expanded its free petroleum product delivery initiative to Kano, Imo, Anambra and Nasarawa states, increasing the number of locations covered by the programme as the…...

3+ week, 2+ day ago   (748+ words) CNG Cuts Fuel Costs, but Nigerian Commuters Are Yet to See Cheaper Fares Nigeria’s transition to compressed natural gas (CNG) has reduced fuel costs for some commercial transport operators, but the savings have yet to translate into significantly lower fares…...

3+ week, 3+ day ago   (696+ words) NESG Projects Nigeria’s Oil Output Above 1.7mbpd in Second Half of 2026 Nigeria’s crude oil production could exceed 1.7 million barrels per day (mbpd) in the second half of 2026, while stronger crude prices could provide additional fiscal relief for the Federal Government, according…...