CBN Lending Rates Hit 60% as Banks Tighten Credit to Key Sectors
By Elizabeth Ugbo Manufacturers and agricultural operators in Nigeria are now paying lending rates of up to 60 per cent,…
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No Power, No Growth: Dangote Urges Urgent Action on Nigeria’s Electricity Crisis
By Elizabeth Ugbo The President of Dangote Industries Limited, Aliko Dangote, on Tuesday called on the Federal Government of Nigeria…
MTN Group Acquires IHS Towers in $6.2 Billion Deal
By Elizabeth Ugbo MTN Group Ltd., Africa’s largest mobile operator, has agreed to acquire IHS Holding Ltd., a leading telecommunications…
Naira Holds Steady at 1,354/$ in Official Market as CBN Sustains Liquidity Control
By Elizabeth Ugbo The Nigerian Naira traded steadily against the United States Dollar on Tuesday morning, February 17, 2026, in…
Dangote Signs $400m Equipment Deal to Fast-Track Refinery Expansion
By Elizabeth Ugbo Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd. in…
NNPC Reports N60.5 Trillion Revenue, N5.76 Trillion Profit in 2025
By Elizabeth Ugbo The Nigerian National Petroleum Company Limited (NNPC) disclosed on Thursday, February 13, 2026, that it generated N60.5…
Canadian Dollar Shows Stability Against Naira in February 2026
By Elizabeth Ugbo The Canadian Dollar (CAD) maintained stability against the Nigerian Naira (NGN) on Monday, February 16, 2026, in…
President Bola Ahmed Tinubu Sends Shettima to Kano Over Singer Market Fire Disaster
By Elizabeth Ugbo President Bola Ahmed Tinubu has directed Vice President Kashim Shettima to lead a Federal Government delegation to…
Fire Outbreak at Singer Market in Kano Destroys N5bn Goods, Seven Missing
By Elizabeth Ugbo A devastating fire outbreak has destroyed properties worth over N5 billion at Singer Market in Kano State.The…
Creative Workers Leave New York as Soaring Living Costs Squeeze Arts Sector
By Elizabeth Ugbo Creative workers are leaving New York City as rent and living costs continue to rise.Although the city…