Friday, June 6, 2025

Eric Ojo

Nigeria inflation soars again – driving more people into poverty

Nigeria's inflation rate soared for the 10th straight month to an 18-year high in October, driven by weaker naira, low food production and the...

Nigerian govt watchdog wants NNPC probe over Buhari era’s subsidy surge

The Nigerian government’s extractive industry watchdog has demanded an investigation after records showed that fuel subsidy payments rose 1,433% within a year under former...

Tinubu’s ambitious revenue plan for 2024 faces a peculiar challenge

Nigeria aims to nearly double its revenue in 2024 to N17 trillion, the country's highest ever, which could reduce the budget deficit to its...

Unilever Nigeria reports reduced Q3 loss after product shift

Unilever Nigeria reported a reduced loss for the third quarter ending September Friday. The consumer goods giant announced a loss of N1.1 billion for the...

U.S. backtracks, blocks Iran’s access to $6bn after Israel attack: NY Times

The United States has blocked Iran's access to $6 billion transferred out last month as part of a deal for the release five Americans...

Latest Stories

Naira stabilised after 2023 crisis, but cracks are emerging

After a six-month rebound from its worst-ever crisis in...

Rainy season just started in Nigeria. Over 110 killed by floods already

At least 111 people have died in central Nigeria’s...

Abbey Mortgage Bank is raising ₦100 billion to change to commercial banking

Abbey Mortgage Bank is planning to raise up to...

Tinubu is taking $24 billion in new loans weeks after clearing IMF debt

Just weeks after celebrating the repayment of a $3.3...
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