The Association of Point of Sale Service Providers (POS) may suspend and cripple banking operations in the country if the Central Bank of Nigeria (CBN) and the Federal Competition and Consumer Protection (FCCPC) fail to immediately intervene in the alleged exclusivity practice by Verve International and Interswitch Limited. The association mad...
•An open food vendor in Abuja Many residents and food vendors in the Federal Capital Territory (FCT), Abuja, have expressed concern over the continued rise in the cost of vegetables and other food items. They said that the situation was affecting both businesses and household feeding, reports NAN. The respondents, who spoke with our correspond...
•Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele The federal government spent only N3.10tn on capital projects in the first nine months of 2025 despite accessing N11.89 trillion from various debt financing sources during the period, highlighting the wide gap between borrowing and infrastructure spending. Latest data...
•Peter Obi and Tinubu Former Labour Party presidential candidate, Peter Obi, has taken a fresh swipe at President Bola Ahmed Tinubu, urging him to stop giving excuses and focus on solving Nigeria’s worsening economic and security challenges. Obi said Nigerians are growing increasingly frustrated with the hardship across the country and expect ...
•A popular Lagos market Some food traders and consumers in Lagos State have lamented poor patronage ahead of the Eid-el-Kabir celebration. The traders and consumers said this in separate interviews with our correspondent today in Lagos. They attributed the situation to high food prices and inadequate funds, reports NAN. A foodstuff trader at C...
Experts have warned that Nigeria’s continued inability to meet crude oil production targets could complicate fiscal planning, particularly at a time when the federal government is relying heavily on oil proceeds to support budget implementation and foreign exchange stability. This is coming as Nigeria’s crude oil production recorded its seco...
•Dangote Refinery The Nigerian National Petroleum Company Limited has told the Federal High Court sitting in Lagos that petroleum products from the Dangote Petroleum Refinery and Petrochemicals FZE are sold at “significantly high and fluctuating market prices”, warning that granting the refinery’s requests could hand it monopoly control of Nig...
The Federal High Court in Abuja has stopped a beverage company, Mamuda Beverages Nigeria Limited, from producing its “pop power” energy drink over allegations bordering on trademark infringement pending the hearing and determination of substantive suit. Justice Binta Nyako restrained Mamuda Beverages Ltd from further production of the dr...
•Tinubu Chairman of the Alliance for Economic Research and Ethics LTD/GTE, Dele Oye, has lamented the unprecedented rise in public debt under President Bola Tinubu, noting that the N65.9 trillion borrowed by the administration in the last 24 months is more than five times the total debt Nigeria incurred in the first 55 years of […]
•Akinbola A banking professional and doctoral researcher with over 12 years of experience across four leading commercial banks in Nigeria, Oluwaferanmi Akinbola, has made a compelling case for why Nigeria’s banking sector must pay greater attention to the experiences, development, and inclusion of temporary employees, who continue to play crit...

