Finance

Only 26% of Nigeria’s N12 trillion in loans go to capital projects.

• Editorial
• Finance
• Government

Only 26% of Nigeria’s N12 trillion in loans go to capital projects.

Chief Reporter May 28, 2026 0

During the period, the federal government raised N11.89 trillion from various debt financing sources, but spent just...

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Every Nigerian owes N670,000 due to Tinubu’s N159.28 trillion debt

• Finance
• Government
• News

Every Nigerian owes N670,000 due to Tinubu’s N159.28 trillion debt

Chief Reporter May 26, 2026 0

A former chairman of the Alliance for Economic Research and Ethics LTD/GTE, Dele Oye, has lamented the...

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11.6b Debt Servicing .. Tinubu’s borrowing a long-term burden on Nigeria, Peter Obi,

• Business
• Finance
• Government

11.6b Debt Servicing .. Tinubu’s borrowing a long-term burden on Nigeria, Peter Obi,

Chief Reporter May 20, 2026 0

Peter Obi, Nigeria’s former Governor of Anambra state and a leading presidential candidate, has criticised President Bola...

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SEC cautions Nigerians about inflow of ponzi schemes on social media

• Crime
• Finance

SEC cautions Nigerians about inflow of ponzi schemes on social media

Chief Reporter May 16, 2026 0

The Securities and Exchange Commission (SEC) has warned the public about the rise in investment schemes not...

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Blessing CEO is charged by the EFCC with N36 million fraud in Lagos.

• Crime
• Finance

Blessing CEO is charged by the EFCC with N36 million fraud in Lagos.

Chief Reporter May 16, 2026 0

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission has arraigned the social media...

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“In 2026, Nigeria will spend approximately $11.6 billion on debt servicing.”

• Economy
• Finance
• Government

“In 2026, Nigeria will spend approximately $11.6 billion on debt servicing.”

Chief Reporter May 15, 2026 0

President Bola Tinubu has predicted Nigeria would spend roughly US$11.6 billion on debt servicing in 2026. Presidential...

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Nigerians are being pushed to the brink by poverty and insecurity, the NLC warns.

• Finance
• Government
• Insecurity

Nigerians are being pushed to the brink by poverty and insecurity, the NLC warns.

Chief Reporter May 8, 2026 0

The Nigeria Labour Congress has drawn a bleak picture of the situation of the country and its...

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Jim Ovia retires after 12 years as chairman of Zenith Bank, and Mustafa Bello takes over.

• Business
• Finance

Jim Ovia retires after 12 years as chairman of Zenith Bank, and Mustafa Bello takes over.

Chief Reporter May 6, 2026 0

Zenith Bank Plc has announced a major leadership shift with the retirement of its founder and Group...

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Former Skye Bank chairman Ayeni incarcerated in Kuje prison for N8 billion fraud.

• Crime
• Finance
• JUDICIARY

Former Skye Bank chairman Ayeni incarcerated in Kuje prison for N8 billion fraud.

Chief Reporter May 5, 2026 0

The Federal Capital Territory High Court today remanded Tunde Ayeni, ex-chairman of the defunct Skye Bank Plc,...

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Nigeria earned five trillion naira oil windfall in 2 months as fuel difficulty rises, US-Iran war

• Finance
• Oil & Gas

Nigeria earned five trillion naira oil windfall in 2 months as fuel difficulty rises, US-Iran war

Chief Reporter May 3, 2026 0

Nigeria’s oil earnings have chalked an anticipated windfall of almost N5.13 trillion in two months after crude...

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