Economy

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...

Lagos, nine others seek ₦4.287tn in loans, bonds, grants for 2026 budgets

Ten states are planning to source about ₦4.287 trillion from loans, bonds, grants, capital receipts, and public-private partnerships to finance capital projects in their...

External reserves set for $51.04bn growth by 2026: CBN

The Central Bank of Nigeria (CBN) predicts external reserves will climb to $51.04 billion in 2026, up from $45 billion in 2025. This projection was...

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