Economy

NNPC subsidiaries’ debts hit ₦30.3trn despite commercialisation

Despite its transition into a commercial entity, the Nigerian National Petroleum Company Limited (NNPC) is grappling with mounting financial pressure as unviable and underperforming...

Falana slams courts for freeing suspected security funds looters 

Human rights lawyer, Mr Femi Falana (SAN), has criticised Nigerian judges for freeing individuals accused of looting billions of naira meant for arms procurement,...

Medical tourism spending dips 

Nigeria’s spending on medical tourism recorded a significant decline to 96.2% in the first half of 2025 compared to the same period in 2024,...

Shipping lines mull fare hikes as new tax reforms begin

There appears to be palpable tension among freight forwarding practitioners in the nation’s maritime sector over the tax implementation that kicked off on Thursday,...

COVID-19 forbearance withdrawal pushes up bad loans in 2025: CBN

Nigeria’s banking sector recorded a rise in bad loans in 2025 after the Central Bank of Nigeria (CBN) withdrew the regulatory forbearance granted to...

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