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Insecurity, Power Outages Top Concerns for Businesses – CBN

Insecurity, Power Outages Top Concerns for Businesses - CBN Businesses across Nigeria identified inadequate electricity supply and insecurity as their most pressing operational challenges in March 2026, despite maintaining a broadly positive outlook on the economy, according to the latest Business Expectations Survey released by...

Businesses Suffer as FG’s Domestic Loans Hit N9trn

Businesses Suffer as FG's Domestic Loans Hit N9trn The Federal Government’s domestic borrowings from financial market operators rose sharply in 2025 despite high interest rates, widening the gap between public and private sector access to credit, according to data obtained from the Central Bank of...

CAC strengthens compliance, enforcement mandates for efficient management of entities

CAC strengthens compliance, enforcement mandates for efficient management of entities The Corporate Affairs Commission (CAC) has unveiled plans to strengthen its compliance and enforcement mandates, with a focus on formalising businesses and enhancing post-incorporation compliance. The Registrar-General of CAC, Hussaini Magaji, said this during the in-house...

FCT Businesses Record 33% Drop In Revenues Due To Insecurity

FCT Businesses Record 33% Drop In Revenues Due To Insecurity According to a report by the research organization SB Morgen (SBM) Intelligence, businesses in the Federal Capital Territory (FCT) recorded a 33 percent decline in their revenues between January 2023 and January 2024. The report by...

Economic Growth: EFCC Will No Longer Shut Businesses During Investigations – Chairman Olukoyede

Economic Growth: EFCC Will No Longer Shut Businesses During Investigations - Chairman Olukoyede   The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has said that anti-corruption fights should be premised on initiatives and modalities capable of stimulating economic growth and...

CBN Loans N9.3trn To Businesses

CBN Loans N9.3trn To Businesses   The Central Bank of Nigeria has lent N9.3trn to businesses, recovering N3.7tn from it. The apex bank said N5tn was not yet due. Director of Development Finance, CBN, Dr Yusuf Yila, disclosed this to journalists on Wednesday in Abuja, noting that manufacturers...