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October 27, 2026 - 10:23 AM

Business

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Nigeria’s Money Supply Hits N146.6 Trillion as Government Credit Surges

Nigeria’s broad money supply mushroomed to N7.51 trillion to N146.60 trillion in September 2026 after a huge rise in credit to the government despite...

Oil Tops $111 as Iran Claims Seven Vessels Hit Near Strait of Hormuz

Global oil prices jumped over $111 per barrel on Thursday, October 22 after Iran accused of hitting seven vessels in separate incidents in the...

Borno, Chad Move to Strengthen Economic Ties, Explore Investment Opportunities

The Borno State Government and a visiting Chadian delegation have identified petroleum, agriculture, industrial development and dry port facilities as priority areas for strengthening...

Nigeria’s Remittance Inflows Hit Record $1.57 Billion as June Receipts Surge

The amount of remittances sent into Nigeria by members of the Nigerian diaspora through International Money Transfer Operators in the second quarter of 2026...

Naira Devaluation Has Worsened Nigeria’s Poverty – Obasanjo

Former Nigerian President Olusegun Obasanjo has criticised the economic reforms introduced by President Bola Ahmed Tinubu’s administration, describing their impact as worsening poverty and...

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