Economy

High interest rates trigger 20% drop in consumer credit: CBN 

Nigeria’s consumer credit declined for the first time in six years, falling by 19.89 per cent to ₦3.78 trillion in 2025 from ₦4.72 trillion...

Aviation unions issue seven-day ultimatum over unpaid ticket charges

Nigeria’s aviation sector faces a potential fresh industrial crisis after unionised workers issued a final seven-day ultimatum to defaulting airline operators and organisations to...

Dangote to leave 33% of estate to philanthropy: Daughter 

Billionaire industrialist Aliko Dangote plans to channel 33 per cent of his estate into philanthropic initiatives as part of his long-term succession strategy, securing...

FG pledges higher education access with ₦1tn tertiary funding

No qualified Nigerian will be denied tertiary education due to financial hardship, the Federal Government has assured, pointing to a sweeping funding overhaul that...

Red Sea conflict threatens global economy: FG

Nigeria has warned that continued fighting in the Red Sea risks triggering global economic turmoil, urging all parties involved in the Middle East crisis...

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