Economy

CBN lowers interest rate to 27%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the country’s interest rate to 27.00 per cent for the...

Nigeria loses ₦8.4tn to oil theft, metering failures in four years: NUPRC

Nigeria lost crude oil valued at a staggering ₦8.41 trillion to theft and metering deficiencies between 2021 and July 2025, according to the latest...

Aviation unions petition NCAA over handling charges agreement breach

Two leading aviation unions — the Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) and the National Union of Air Transport Employees (NUATE)...

Forex reserves climb to six-year high at $42bn 

Nigeria’s external reserves climbed to their strongest level in six years, crossing the $42 billion mark for the first time since September 2019.  Latest data...

NASS backs Tinubu’s borrowing: Speaker 

The Speaker of the House of Representatives, Abbas Tajudeen, has clarified that the National Assembly is not opposed to President Bola Tinubu’s borrowing policy,...

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