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Category: Economy

Business Economy headline

Fidelity Bank announces N1.1 trillion gross earnings

Iheanyi Ejiofor November 24, 2025 No Comments #Fidelity Bank #Gross earnings

Fidelity Bank says it has achieved a new historic milestone after its gross earnings for a nine-month period starting from January 2025 surpassed N1.1 trillion for the first time, according…

Read More Fidelity Bank announces N1.1 trillion gross earnings
Business Economy headline

Nigeria’s inflation drops to 16.05% from 18.02%

Iheanyi Ejiofor November 17, 2025 No Comments #Inflation #Food inflation #urban inflation #rural inflation

Nigeria’s headline inflation rate eased to 16.05 per cent in October 2025 from 18.02 per cent in September, the National Bureau of Statistics (NBS) has revealed. The October 2025 headline…

Read More Nigeria’s inflation drops to 16.05% from 18.02%
Business Economy headline

FG halts implementation of planned 15% import duty on diesel, petrol

Iheanyi Ejiofor November 13, 2025 No Comments #import duty #diesel #fuel

The Federal government has suspended the implementation of the proposed 15% import tax on petrol and diesel. The development was announced by the Director, Public Affairs Department, NMDPRA, George Ene-Ita,…

Read More FG halts implementation of planned 15% import duty on diesel, petrol
Business Economy headline

Senate approves Tinubu’s N1.15tn domestic loan to fund 2025 budget deficit

Iheanyi Ejiofor November 12, 2025 No Comments #Senate #domestic loan #budget deficit

The Senate has approved President Bola Tinubu’s request to raise N1.15 trillion from the domestic debt market to cover the unfunded portion of the 2025 budget deficit. The approval followed…

Read More Senate approves Tinubu’s N1.15tn domestic loan to fund 2025 budget deficit
Business Economy headline

Trump threat not behind massive sell-offs on NGX – Presidency

Iheanyi Ejiofor November 12, 2025 No Comments #NGX #Trump threats #Sell off

The Presidency has dismissed claims that the recent sell-off in the Nigerian capital market was triggered by foreign investors reacting to U.S. President Donald Trump’s comments about Nigeria. Chairman of…

Read More Trump threat not behind massive sell-offs on NGX – Presidency

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