Rahma Oladosu

Banks’ Credit to Manufacturers Declines by 20% to N60.4trn

Banks' Credit to Manufacturers Declines by 20% to N60.4trn   Nigerian deposit money banks disbursed a total of N60.35tn in credit to the manufacturing sector in the first nine months of 2025, a 20.44 per cent decline from the N75.86tn recorded...

FG Launches $750m Mini-Grid Solar Power Project

FG Launches $750m Mini-Grid Solar Power Project The Federal Government is implementing what has been described as the largest publicly funded renewable electricity programme in the world, aimed at expanding power access through mini-grids, solar infrastructure, and off-grid electrification projects...

Cashless Policy to Stay, Says FAAN Amid Airport Turmoil

Cashless Policy to Stay, Says FAAN Amid Airport Turmoil The Federal Airports Authority of Nigeria (FAAN) has insisted that the cashless payment policy at Nigerian airports will remain in place, despite the confusion and complaints that trailed its recent rollout. Speaking...

Pension Funds Soar to N28trn with Over 11m Contributors

Pension Funds Soar to N28trn with Over 11m Contributors The Nigerian pension fund industry started 2026 on a high note, with total pension fund assets surging to a new milestone of N28.04 tn as of 31 January 2026, indicating a...

Dangote, Marketers Clash Over Petrol Price Amid US-Iran Tensions

Dangote, Marketers Clash Over Petrol Price Amid US-Iran Tensions   Amid the escalating tensions in the Middle East, data from the Major Energies Marketers Association of Nigeria (MEMAN) has shown that a litre of imported petrol is about N64 cheaper than...

Senate Grills Ex-NNPC Boss Kyari Over N210trn Audit Concerns

Senate Grills Ex-NNPC Boss Kyari Over N210trn Audit Concerns   The Senate on Thursday summoned the immediate past Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, over an alleged N210tn expenditure by the national oil company...
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