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Category: Economy

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
Business Economy headline

Nigeria’s economy on shock, says Edun

Iheanyi Ejiofor April 13, 2026 No Comments #Nigeria's economy #Middle East Crisis

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Monday said that Nigeria’s economy is in shock, as global countries swim in the fallouts of ongoing crisis…

Read More Nigeria’s economy on shock, says Edun
Business Economy headline

FG waives import duties on mass transit buses, EVs, others

Iheanyi Ejiofor April 13, 2026 No Comments #Import duties #mass transit buses #EVs

The Federal Government has granted a waiver on import duties for mass transit buses, electric vehicles, and manufacturing machinery. The development followed President Bola Ahmed Tinubu’s directive to key economic…

Read More FG waives import duties on mass transit buses, EVs, others
Business Economy headline

US launch naval blockade of Iranian ports as oil prices spike

Iheanyi Ejiofor April 12, 2026 No Comments #U.S #naval blockade #Iranian ports #oil prices #Strai of Hormuz

U.S. forces will begin implementing a maritime blockade of Iranian ports on Monday, according to a statement from U.S. Central Command (CENTCOM). In a post on X, CENTCOM said the operation…

Read More US launch naval blockade of Iranian ports as oil prices spike

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