Nigeria spent $5.2bn servicing external debt in 2025
Photo caption: Governor of the Central Bank of Nigeria, Olayemi Cardoso | Credit: CBN Nigeria spent about $5.21bn servicing external debt obligations in 2025, accounting
Category : Finance
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African Energy Chamber urges boycott of London Energy Summit
African Energy Chamber urges boycott of London Energy Summit The African Energy Chamber (AEC) has called on African governments, companies and industry leaders to
Petroleum prices likely to remain high amid Middle East crisis — Osatuyi
Petroleum prices likely to remain high amid Middle East crisis — Osatuyi By Yunus Yusuf Mr Mike Osatuyi, a former Operations Controller of the
Debt servicing surpasses capital spending by N3.9tn in two years
Photo caption: Debt Debt servicing in Nigeria outpaced capital expenditure by N3.9tn over the past two years, highlighting growing fiscal pressures on the federal
Nigeria’s VAT revenue hit N2.28tn in Q3 2025, up 10.66% — NBS
Photo caption: NBS logo Nigeria’s Value Added Tax revenue surged to N2.28 trillion in the third quarter of 2025, marking a 10.66% increase from
FG begins direct remittance of oil revenues to FAAC in compliance with Executive Order
Photo caption: Minister of Finance and Coordinating Minister of the Economy, Wale Edun The Federal Government has commenced the implementation of Executive Order 9 of
NIPCO Gas Limited Deepens South-West Gas Grid to Power Industrial Renaissance
NIPCO Gas Limited Deepens South-West Gas Grid to Power Industrial Renaissance By Yunus Yusuf By accelerating the build-out of critical gas infrastructure across
AltBank pioneers scalable AI-Hydroponic Model to drive food import substitution in Nigeria
Photo caption: AltBank logo Continuing its drive towards impacting Nigeria’s real economy, The Alternative Bank (AltBank), has advanced discussions with Federal University of Agriculture,
MPC’s modest rate cut sends positive signal – OPS
Photo caption: Governor, Central Bank of Nigeria, Dr. Olayemi Cardoso The Monetary Policy Committee of the Central Bank of Nigeria has reduced the benchmark
