Moonshot 2026: ‘Stablecoins here to optimise financial system, not replace it’
Stablecoins could transform cross-border payments by reducing transaction delays, improving liquidity and making money transfers faster and more accessible, speakers at Moonshot 2026 have said.
CPPE demands govt’s intervention to over soaring energy costs
….says unreliable electricity imposes annual economic losses of N10trn By Gabriel Ewepu ABUJA – AS Nigerians grapple with soaring energy costs, the Centre for Promotion of Private Enterprises, CPPE, yesterday, demanded government’s urgent intervention to ease the burden. The Executive Director, CPPE, Dr Muda Yusuf, in a statement, pointed out that the continued pressure on Nigerians […]
Nigeria’s net domestic credit declined 6.9% to N109trn
By Peter Egwuatu Nigeria’s Net Domestic Credit, NDC, has dropped by 6.9 % Year-on-Year, YoY, in January 2026 to N109.4 trillion from N102.4 trillion in the same period in 2025, according to the Central Bank of Nigeria, CBN, latest money and credit report. The NDC is the total value of Bank credit to both the private […]
Why family businesses face extinction – LBS
The warning formed the crux of deliberations at a session hosted by LBS under its Family Business Initiative, examining weak governance
Electricity woes worsen as DisCos record N2.4trn in financial losses
•Rising debt restricts power generation •Consumers slam DisCos for non-transparency, demand mass metering •Operators knock Presidency over exit from national grid By Obas Esiedesa At the backdrop of worsening power supply to offices and homes, Electricity Distribution Companies (DisCos) have recorded a combined loss of N2.349 trillion over the past two years due to billing and collection […]
VANGUARD ECONOMIC SUMMIT: Public, private sector leaders set to play lead roles
•Cabinet ministers, UN agencies lead discussions •Private sector leaders sign up By Emeka Anaeto, Business Editor Activities ahead of the hosting the 2026 edition of Vanguard Economic Summit (VES’26) have reached advanced stage with key partners gearing up for incisive discussions around the Summit theme. Themed, “Food Security and Socio-economic Stability: Options for Nigeria’s Agriculture Sector Rebound”, […]
