Banks slash lending, cut N5.4trn across key sectors

…As agric, finance, others attract fresh loans lForbearance withdrawal, FX stability reshape bank lending — Experts lIt reflects structural challenges — MAN By Babajide Komolafe Deposit Money Banks (DMBs) slashed lending to oil and gas, information and communication technology (ICT) and six other key sectors of the economy by N5.45 trillion or 14.8 per cent, year-on-year (YoY), […]
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North West Development Commission unveils projects for 30,000 farmers, 10,000 youths

The North West Development Commission (NWDC) is embarking on major interventions across agriculture, healthcare, education, youth empowerment and security in the seven North West states, beginning full-scale implementation in the second half of 2026. Managing Director and Chief Executive Officer, Professor Shehu Abdullahi Ma’aji, disclosed this while presenting the NWDC’s mid-year performance report to the […]

Airtime Lending Return: Stakeholders demand clear regulatory boundaries

With Airtime Credit Services (ACS) fully restored across Nigeria’s mobile networks, stakeholders have shifted attention from the temporary disruption that unsettled millions of subscribers to the need for a clear regulatory framework that will prevent similar incidents and sustain confidence in the country’s digital economy. The renewed calls come as industry players await further proceedings […]

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