Visible Articles 5 10 15
Low retail demand, interest increases plunge consumer credit by 17% to N3.54trn

Low retail demand, interest increases plunge consumer credit by 17% to N3.54trn

By Elizabeth Adegbesan Decline in retail demand has triggered a 17 percent month-on-month (MoM) fall in Consumer credit to N3.54 trillion in July 2025 from N4.27 trillion as at June 2025. According to   the breakdown in July 2025 Economic Report of the Central Bank of Nigeria, CBN,   the consumer credit was made up of   N950 billion […]

FG exceeds 2025 borrowing target by 55.6%

FG exceeds 2025 borrowing target by 55.6%

…expected to hit 80% at year end •Borrows 17.4trn in 10mths, as domestic borrowing escalates •Experts warn of debt crises, crowding out of private sector •Urge FG to cut waste, enforce fiscal discipline •Say rising debt burden threatens jobs, business growth, and cost of living By Babajide Komolafe, Economy Editor & Peter Egwuatu, Asst. Business […]

Nigerian media just feeding on the popularity of Senator Ned/ Regina Daniel

Nigerian media just feeding on the popularity of Senator Ned/ Regina Daniel

By Fred Akpewe In Nigeria’s fast evolving media landscape, few names stir as much attention as Senator Ned Nwoko and his wife , Regina Daniels. I once described them as the most popular couple in Africa and amongst the most popular in the world , comparing with Kim Kardashian/ Kanye West and Beyoncé / Jay- […]