CBN Governor, Cardoso The Central Bank has opened the door to cheaper money. But between the CBN’s announcement and the Nigerian borrower is a banking system with its own rules, costs and appetite for risk. By Jimoh Ahmed There is a particular kind of good news that Nigerians have learnt to receive…
The Federal Executive Council has approved a fiscal framework proposing a ₦54.5 trillion (about $37.7 billion) national budget for 2026, setting the tone for next year’s economic direction. The framework outlines revenue projections, expenditure plans and deficit targets, and will be forwarded to the National Assembly for consideration. According to government officials, the budget aims…
The Nigerian government has approved the payment of ₦185 billion to settle outstanding debts owed to gas producers, in a move expected to ease the country’s chronic electricity shortages. The approval, announced on Thursday, is part of a broader energy reform effort aimed at stabilising gas supply to thermal power plants — which generate more…
By The Pivot Investigations Desk The first thing you notice when you enter Agbabu is the silence. Not the peaceful type, but the sort that settles over a place waiting too long for promises that never materialise. The mud houses still stand, the river still snakes quietly behind the village, and the people speak…
