Ecobank Transnational Incorporated (ETI) has reported a pre-tax profit of N801 million for the 2025 financial year, reflecting sustained revenue generation from its diversified operations across sub-Saharan Africa. The Group in its 2025 audited results for the year ended December ...
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Nigeria’s Debt Stock Rose By N14.61trn In 2025
Nigeria’s total public debt increased by N14.61 trillion in 2025, rising to N159.28 trillion as of December 31, according to the latest provisional data released by the Debt Management Office (DMO) on Wednesday. The figure represents a 10.1 percent year-on-year ...
Read More »IMF Lowers Nigeria’s 2026 Growth Projections to 4.1% Over Rising Fuel, Fertiliser Prices
The IMF in its April 2025 World Economic Outlook revised downwards Nigeria’s 2026 growth from 4.4 per cent which it projected in January this year to 4.1 per cent while growth is expected to rise to 4.3 per cent in ...
Read More »Digital Economy: Nigeria Building Globally Competitive Human Capital, Says NDPC Boss
The National Commissioner of the Nigeria Data Protection Commission (NDPC) Dr. Vincent Olatunji has said that Nigeria is building a pool of globally competitive human capital to support the country’s digital economy and create jobs in line with President Bola ...
Read More »Farmtech Expands Energy Solution Initiative In Nigeria
Farmtech Integrated Services, a subsidiary of Komponents and Solutions Rack Limited has embarked on energy project expansion that will deliver cost-effective solutions in Nigeria. Consequently, the firm will unveil Sunwoda Energy Products in Lagos which include a range of advanced ...
Read More »Energy Experts Slam World Bank Fuel Import Advice As Violation Of Petroleum Law, Threat To Self-reliance
Energy experts have criticised the World Bank’s recommendation for Nigeria to deepen fuel importation and fully liberalise its downstream sector, calling the advice ill-timed, economically regressive, and in direct violation of the Petroleum Industry Act (PIA). An energy economist and ...
Read More »Value Addition, Not Import-driven Solutions Will Sustain Nigeria’s Economy— Economist
The Centre for the Promotion of Private Enterprise (CPPE), has advised that the federal government should strengthen its fiscal reforms and boldly encourage local production to sustain economic growth and development. The Center argued that no economy will thrive on ...
Read More »Deputy Speaker Benjamin Kalu Earns PhD In Law, Inspires Youth with Academic Excellence
By our Correspondent The Deputy Speaker of Nigeria’s House of Representatives, Rt Hon. Benjamin Okezie Kalu has added another remarkable achievement to his profile, earning a Doctor of Philosophy (PhD) in Law from the Faculty of Law at the University ...
Read More »NFF Confirms England-born Goalkeeper, Okonkwo, Ready For Nigeria Call-up
The Nigeria Football Federation, NFF, has confirmed that goalkeeper Arthur Okonkwo is set to make his debut for the Super Eagles at the forthcoming Unity Cup tournament, which is scheduled for next month. Okonkwo has recently finalized his change of ...
Read More »Oil Prices Slide 15% on Trump-Iran Ceasefire, Amid Saudi Pipeline Attack
Crude oil prices slid on Wednesday after U.S. President Donald Trump announced a two-week postponement of strikes on Iranian civilian infrastructure, framing it as a “double-sided ceasefire” tied to Iran reopening the Strait of Hormuz. WTI crude oil futures fell ...
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