Nigeria’s consumer credit outstanding rose significantly by 26.29 per cent to N4.42tn in November 2024, up from the preceding month’s figure of N3.5tn.

The Federal Government has reaffirmed its commitment to aggressively exploring non-oil revenue sources to reduce reliance on crude oil.

Oil Theft Reduces to 5,000bpd – NUPRC The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that the volume of stolen crude oil in the country has reduced to about 5,000 barrels per day, enabling oil production to rise to 1.75 million bpd as of...

FG Halts Decision to Merge NCAA, NAMA President Bola Tinubu has decided to halt the proposed merger of the Nigeria Civil Aviation Authority (NCAA) and the Nigerian Airspace Management Agency (NAMA), the Minister of Aviation and Aerospace Development, Festus Keyamo has said Keyamo said this comes...

Personal Loans Rose by 37.76% in November – CBN According to latest monthly report by the Central Bank of Nigeria (CBN), Nigeria’s personal loan portfolio rose by 37.76 per cent to N3.32tn in November 2024. The sharp increase in consumer borrowing reflects the impact of rising...

Nigeria’s Budget per Person far Below $2.15 Poverty Mark – Report Nigeria’s 2025 budget both federal and state governments combined when analysed based on budget per capita amounts to $0.63, way lower than the average $2.15 per day marked by the World Bank for people...