The Central Bank of Nigeria (CBN) has asked commercial banks to restrict loan defaulters, specifically large-ticket obligors, from accessing credit facilities. A large ticket obligor is a borrower (an individual…
Read More CBN directs banks to block loan defaulters from accessing credit facilities – Report
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has granted import permits for petrol to six depot owners and petroleum marketers. Industry insiders view this as a strategic step…
Read More NMDPRA grants six permits for fuel importation to ensure Importation to market stability
President Bola Tinubu has approved a targeted fiscal incentive designed to unlock the long-awaited Final Investment Decision on the Bonga Southwest Aparo deepwater project. This is marking a milestone in…
Read More NNPC secures presidential approval for $20 billion FID Bonga Deepwater project
By Paul Alaje The projections we made earlier (27th February, 2026) were ₦1,000 per litre for PMS and $100 per barrel for crude oil before April, if the war persists.…
Read More Economic realities, do not wait until 2028
For millions of Nigerians, homeownership has long felt like an ambition deferred. Squeezed by rising property prices, persistent double-digit inflation and high commercial lending rates, the dream of owning a…
Read More FirstBank makes home ownership possible for Nigerians with single-digit interest rate loan