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Interest rates on bank loans rising — says 42% Nigerians

By Elizabeth Adegbesan A Central Bank of Nigeria, CBN, survey has showed that 42.7 percent of respondents perceived interest rates on bank loans to be high in the past three months. This formed the key highlight of the apex bank’s Consumer Expectation Survey report for February 2026. The respondents made this remark when asked how the […]

Middle-East Conflict: Nigerian insurers to face high reinsurance costs

By Rosemary Iwunze As the conflict involving United States, Israel and Iran escalates in the Middle-East, Nigeria insurance industry may face rising reinsurance costs. Commissioner for Insurance, Mr. Olusegun Omosehin, who disclosed this, noted that the crisis could trigger rising claims globally, leading to higher reinsurance pricing. The development, according to Omosehin, would inevitably affect Nigerian […]

First 15 aspiring sports journalists selected for IOC Young Reporters Programme

First 15 aspiring sports journalists selected for IOC Young Reporters Programme at Dakar 2026 Fifteen aspiring sports journalists from around the world have been selected to take part in the IOC Young Reporters Programme during the Dakar 2026 Youth Olympic Games (YOG). The selection follows strong global interest in the initiative, with 271 applications received […]

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