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Category: Economy

Business Economy headline

Dangote refinery powers historic shift as Nigeria emerges net petrol exporter

Iheanyi Ejiofor April 15, 2026 No Comments #Dangote refinery #net exporter of petrol

Dangote Petroleum Refinery & Petrochemicals has recorded a major milestone in Nigeria’s energy history, exporting 44,000 barrels per day (b/d) of gasoline in March 2026, an achievement that has positioned…

Read More Dangote refinery powers historic shift as Nigeria emerges net petrol exporter
Business Economy headline

Nigeria’s public debt hits ₦159.28trn in December– DMO

Iheanyi Ejiofor April 15, 2026 No Comments #Nigeria's public debt #DMO

Nigeria’s total public debt increased to N159.28 trillion as of December 31, 2025. Total public debt rose from N153.29 trillion recorded at the end of September 2025 to N159.28 trillion in December…

Read More Nigeria’s public debt hits ₦159.28trn in December– DMO
Business Economy headline

IMF trims global growth forecast due to Iran war and warns of bigger possible hit

Iheanyi Ejiofor April 14, 2026 No Comments #International Monetary Fund[IMF] #growth forecasts #Iran war

The International Monetary Fund has modestly reduced its forecast for global economic growth this year, but warned the damage from the war with Iran could be much more severe if…

Read More IMF trims global growth forecast due to Iran war and warns of bigger possible hit
Business Economy headline

States with highest domestic debt – Sept 2025

Iheanyi Ejiofor April 14, 2026 No Comments #Domestic debts #Statisense #DMO

Lagos, Rivers, Delta, Enugu and Ogun States has the highest debt stocks according to figures released by statisense, a leading AI data company specializing in financial report analysis, bank statement…

Read More States with highest domestic debt – Sept 2025
Business Economy headline

EFCC warns Banks against unsecured loans in Lagos

Iheanyi Ejiofor April 13, 2026 No Comments #EFCC #Unsecured loans #Banks

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC,  Mr. Ola Olukoyede, has cautioned Nigerian banks against granting loans without credible collateral, warning that such practices often lead…

Read More EFCC warns Banks against unsecured loans in Lagos

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