Banks awash with excess cash amidst poverty
•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net liquidity in the banking system surged to N5.53 trillion in May 2026. This represents a 17.16 per cent increase from the N4.72 trillion recorded previous […]
Adesina advocates Halal beef system to crop, cattle farmers crisis
The Minister of Agriculture and Rural Development, Dr Akinwumi Adesina has called for the development of Halal beef system to curb the crisis between crop and cattle farmers.
Local cement producers seek govt protection
CEMENT producers in the country, yesterday, called on the Federal Government to continue to support and protect the local industry from unfair competition, saying the industry is still at investments stage.”
Scarcity: Alison-Madueke gives 48-hour deadline
To meet a 48-hour deadline to end fuel scarcity in Lagos, the Pipelines and Products Marketing Company, PPMC, said it will inject additional 110 million litres of petrol into the market this week.
Transformation Agenda: Upstream gas development and future challenges
The success of government’s transformation agenda relies on the progress made in power sector reforms, which in turn, depends on developments in natural gas production. At the inception of President Jonathan Goodluck’s administration, reform of the power sector was made a top priority, and thus the Presidential Task Force on Power was constituted.
Japanese agency to fund $10m FCT solar project
Federal Capital Territory, FCT, Water Board, Lower Usman Dam, Bwari and the Japanese International Co-operation Agency, JICA has concluded plans to fund a $10 million solar powered plant. The plant will provide electricity for the treatment of water at the Lower Usman Dam in Bwari Area Council of the FCT.
