ECONOMY

Edo state loses $1 billion investment annually due to cultism – Gov. Okpebholo 

Nigeria’s external debt service bill hits $2.01 billion in four months, gulps 77% of foreign payments 

PMS prices surge by 76.73% year-on-year in April 2025, South East residents paid N1,341.71 – NBS 

Rising demand for gold, minerals fuelling corruption, instability in Africa, others – UN 

CBN observes significant progress in N500 billion bank recapitalization exercise  

Currency volatility now below 0.5% as FX market stabilises – Cardoso 

CBN retains MPR at 27.5%, keeps CRR at 50%, liquidity ratio at 30% 

Wale Edun: Nigeria’s capital market key to achieving $1 trillion economy by 2030   

China to establish electric vehicle factories in Nigeria  

Development Bank of Nigeria to expand SME loans portfolio to N1.8 trillion