Business

Nigerians are increasingly borrowing to build houses — CBN

Nigerians are increasingly borrowing to build houses — CBN

·Other lendings rise, lenders report low default rates By Elizabeth Adegbesan Credit for house purchase by households increased to 9.6 index points in the second quarter of 2026 (Q2’26),  indicating that Nigerians are intensively borrowing to purchase personal houses. The Central Bank of Nigeria, CBN, disclosed this yesterday in its Credit Condition Survey Report for Q2’26 […]
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Quality, driving force of Star – MD, NB

Quality, driving force of Star – MD, NB

Following a successful re-launch of Star Larger beer in its new look, the brand owners, Nigerian Breweries Plc, said superior quality has been the driving force of the product.

Substandard Oil: LUPAN proposes joint committee to stem influx

Substandard Oil: LUPAN proposes joint committee to stem influx

Lubricant Producers Association of Nigeria, (LUPAN) has proposed committee of key stakeholders and regulatory agencies like Directorate of Petroleum Resources, (DPR), Standards Organisation of Nigeria (SON), Nigerian Custom Service NCS) and LUPAN, to help stem influx of substandard and fake lubricants.

Fuel scarcity bites harder in Abuja

Fuel scarcity bites harder in Abuja

Even as the face-off between the Federal government and major oil marketers continue, transporters in the Federal Capital Territory, Abuja, and its environs continue to face a hard time as for the fifth day running, many filling stations in the city refuse to open for business.