Economy

CBN bars chronic defaulters from key banking services

The Central Bank of Nigeria (CBN) has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans. In a sweeping move to...

Nigeria loses ₦40tn yearly to poor power supply: NISO

Nigeria loses about ₦40 trillion annually to poor electricity supply, the Nigerian Independent System Operator (NISO), an agency of the Federal Government, has said,...

Health unions to protest at NASS today over 2026 bills

Health sector unions, under the Joint Health Sector Unions (JOHESU) and the Assembly of Healthcare Professional Associations, have announced plans to stage a national...

Micro-lenders launch ₦100m loan scheme for small businesses

The Coalition of Microlending and Cooperative Institutions in Nigeria has officially moved to bridge the financing gap for small businesses with the unveiling of...

Adelabu apologises to Nigerians over blackouts

The Minister of Power, Adebayo Adelabu, has tendered a public apology to Nigerians over the crippling and persistent outages witnessed in the last month,...

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