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AltBank unveils non-interest financing to boost local drug production

AltBank unveils non-interest financing to boost local drug production

By Babajide Komolafe Against the backdrop of Africa’s heavy dependence on imported medicines, The Alternative Bank has intensified efforts to support local pharmaceutical manufacturing in Nigeria through specialised non interest financing targeted at industrial pharmacists and healthcare operators. The move comes as Africa continues to bear about 25 per cent of the global disease burden […]

2027: Onitsha residents back Peter Obi

2027: Onitsha residents back Peter Obi

Residents of the Onitsha community in Anambra State have expressed support for the presidential aspiration of Peter Obi in the 2027 general elections. The residents, comprising mothers, fathers, and youths from both Onitsha North and Onitsha South Local Government Areas, weekend, demonstrated solidarity with Obi and endorsed his presidential ambition. According to them, Obi, who […]

NESG raises fresh concern over Nigeria’s debt burden

NESG raises fresh concern over Nigeria’s debt burden

By Babajide Komolafe Fresh concerns have emerged over Nigeria’s debt burden with the outlook for 2026 indicating new borrowings at about N29 trillion. Giving its verdict on the debt situation, the Nigerian Economic Summit Group (NESG), Nigeria’s foremost economic think-tank, in the May 2026 edition of its Debt Burden Monitor released yesterday, said that debt pressure […]