Rahma Oladosu

Senate Lauds CBN’s Economic Progress, Urges Continued Stability

Senate Lauds CBN's Economic Progress, Urges Continued Stability   The Central Bank of Nigeria (CBN) on Thursday presented a positive outlook for the country’s economy in the second half of 2025 during a statutory briefing to the Senate Committee on Banking,...

Agro-Sector Output Hits N30.5trn as Investor Confidence Soars

Agro-Sector Output Hits N30.5trn as Investor Confidence Soars   Nigeria’s agricultural sector grew 3.79 per cent in the third quarter of 2025 due to improving investor confidence. Stakeholders maintain that the Federal Government must ensure timely policy implementation, fair market conditions...

PTAD Monthly Payout to Retirees Hits N1trn

PTAD Monthly Payout to Retirees Hits N1trn   The Pension Transitional Arrangement Directorate (PTAD) says it has paid more than N1tn in monthly pensions to over 200,000 retirees under the Federal Government’s Defined Benefit Scheme since 2015. The Director of Corporate Services...

FG Okays N185bn Payment to Gas Producers

FG Okays N185bn Payment to Gas Producers   The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, announced on Thursday that the Federal Government has taken a decisive step to revitalise the gas industry and stabilise power generation as President...

Nigeria Spends N12.8trn on Petrol Imports in 15 Months

Nigeria Spends N12.8trn on Petrol Imports in 15 Months   As Nigeria struggles to ramp up local refinery of Petroleum Motor Spirit (PMS) otherwise known as petroleum, at least N12.8trn worth of the product was imported into the country from August...

AMCON Clears N3.6trn Debt to CBN, Targets N215bn Recovery for 2025

AMCON Clears N3.6trn Debt to CBN, Targets N215bn Recovery for 2025   The Asset Management Corporation of Nigeria (AMCON), the government-owned agency established in 2010 to stabilize and revitalize the Nigerian financial system, recovered N156bn from debtors in 2024 while targeting...
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