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Nigeria's public debt has surged to ₦159.27 trillion, equating to roughly ₦724,000 per citizen. This article examines the debt trajectory from 1999 to 2026, analyzing contributions from successive administrations and the economic implications for Nigerian
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Union Bank of Nigeria is pioneering financial inclusion through its Alpher initiative, targeting Nigeria's vast informal economy with tailored products, disbursing over ₦150 million in cash flow loans and reaching previously unbanked entrepreneurs.
The Nigerian Shippers' Council emphasizes collaboration with port operators like CMA CGM and APMT to enhance efficiency, support a $1 trillion economy, and expedite power sector equipment clearance.
A Nigerian man shares his detailed experience using a 1kVA solar generator for one month, revealing the total cost and how it powers his household appliances 24/7.
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Nigerian renewable energy companies have secured $83 million in financing backed by the International Finance Corporation under the DARES program, marking a major shift from pilot projects to large-scale deployment of decentralized power solutions across
Business leaders in Akoko, Ondo State, have called for collective support as AKOKOCCIMA transitions to new executives, emphasizing unity and economic growth.
Kano residents face higher sachet water prices, with bags now selling for N300-N350 up from N250, as producers cite diesel, raw material, and transportation costs. Household budgets are strained, with consumers cutting back on purchases.
A development economist calls for urgent privatization of Nigeria's Ajaokuta Steel Company, arguing it could unlock $14 billion yearly revenue and create over 70,000 jobs.
The reopening of the Strait of Hormuz following a Middle East ceasefire is expected to gradually ease petrol prices in Nigeria, potentially bringing them below ₦1,000 per litre, though immediate relief is unlikely.
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The Benue State House of Assembly praised the Benue Investment and Property Company for advancing industrialization, touring key projects and pledging legislative support for economic initiatives.
A new residential development in Lekki, Phoenix Apartments, emphasizes regulatory compliance and structured construction. The project introduces fractional ownership to broaden property investment access, with a two-bedroom apartment priced at N260 millio
The NMDPRA refutes reports of aviation fuel hitting N3,300 per litre, stating prices range from N1,960 to N2,800. It confirms a 74-day national stock, but airlines warn of operational risks amid rising costs, prompting government intervention.
Chief Dr. Ezekiel Aikohi Ainabe celebrates his 80th birthday, reflecting on a life of discipline, business success, and community impact. From humble beginnings in Edo State to leading Kohi Engineering, his journey inspires with lessons on hard work and s
A Nigerian man shares the surprising condition of his sitting room after installing solar power and traveling abroad for one month, sparking discussions on energy reliability and home maintenance.
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Sales specialist Zubaida Aliyu discusses driving growth at Zoho, overcoming barriers in male-dominated sectors, and the need for women to design structured career pathways to accelerate professional advancement in Nigeria's digital economy.
Nigerian banks must embed compliance into strategy to meet evolving regulations, reduce risks, and unlock business opportunities in a changing financial landscape.
Nigeria's government has firmly declined a new IMF bailout, emphasizing its reliance on homegrown economic strategies amid global uncertainties. Finance Minister Wale Edun and Ambassador Jimoh Ibrahim highlight reforms' resilience, while economists note c
Domestic airlines in Nigeria have temporarily suspended a planned nationwide shutdown over rising Jet A1 fuel costs, following an appeal from the Federal Government. A meeting with the Aviation Minister is set for next week to address the crisis.
Lafarge Africa Plc celebrates the graduation of 15 female truck drivers and five community drivers under its Women on Wheels initiative at the Ashaka Cement Plant in Gombe State, promoting diversity and road safety.
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Dutum Company Limited MD Temitope Runsewe receives the African Business Titan of the Year award at the AfriHeritage Awards 2026, recognizing his leadership in infrastructure development and economic transformation across Africa.
The Enterprise Development Center, SMEDAN, AGRA, and Kaduna Business School have launched a partnership to strengthen capacity among agricultural SMEs and Business Development Service Providers in Nigeria, offering grants and business support.
UBA's Graduate Management Accelerated Programme (GMAP) graduated 720 young professionals from across Africa, focusing on leadership and resilience to combat unemployment and skills mismatch.
An exploration of the financial pressures faced by individuals in their 40s, caught between caring for aging parents and supporting children, while advocating for open family money conversations.
Busha, a digital finance platform, empowered three female-led beauty businesses with N6 million in equity-free funding at the Beauty Hut Africa Women's Grant Initiative in Lagos, supporting growth in Nigeria's thriving beauty sector.
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Turkish Airlines has implemented significant changes to its executive leadership, appointing Prof. Murat Şeker as Chairman of the Board and Ahmet Olmuştur as the new Chief Executive Officer.
Nigeria once dominated Mexico's hibiscus imports, but a 2018 pest infestation halted trade. Despite a $100 million commitment to restart, compliance issues persist, leaving China to capture the market.
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Global oil prices plunged over 10% after Iran reopened the Strait of Hormuz, potentially lowering fuel import costs and easing inflation in Nigeria. Brent crude dropped to $88 per barrel, though uncertainty remains as US blockade persists.
A Nigerian woman who installed solar panels in her home has publicly lamented a surprising disadvantage she discovered, sparking discussion about renewable energy realities in the country.
The Financial Reporting Council of Nigeria and NESLAI caution that poor financial management in SMEs limits funding access and slows business expansion, urging improved literacy and accountability.
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Engr. Lakunle Runsewe of Stretford Hill Limited emphasizes the shift from mere construction completion to performance-focused infrastructure, as seen in the New NRS Headquarters project in Abuja, commissioned by President Tinubu.
