States, FCT External Debt Rise To N3trn The external debt burden of the 36 states and the Federal Capital Territory may rise by as high as over 40 per cent following the recent floating of the naira by the Central Bank of Nigeria. On Tuesday, June...

Naira, Fuel Scarcity: 24.8m Nigerians Projected to Face Hardship- Report No fewer than 28.4 million Nigerians in 26 states and the Federal Capital Territory, including 18,000 Internally Displaced Persons, are projected to face severe crisis between June and August this year due to the scarcity...

As Deadline Approaches, PoS Operators Surcharge for Redesigned Notes The Central Bank of Nigeria (CBN) has fixed January 31 as the deadline for the use of the old naira notes. However, there have been appeals from various quotas to the CBN to extend the deadline...

FCT, Abia Lead As Food Prices Soar – NBS Report   The Federal Capital Territory (Abuja) and Abia State have led a number of other southern states as food prices soar to record levels in 2022. This is according to data from “selected food prices” reports by...

SPECIAL REPORT: Maraba Takushara, an FCT Community Under Siege... So Close to civilisation, yet so far   A lot of investigative stories have been told about communities who look fortunate based on their proximity to fortune but are in reality as unfortunate as misfortune itself. As...

Fuel Scarcity Worsens In FCT, Lagos, Others   Fuel scarcity worsened in Lagos, the Federal Capital Territory and other parts of the country on Tuesday, resulting in motorists spending hours at filling stations. For oil marketers, the solution to the worsening fuel queues across the country is...