Banks’ software investment rises 55% to N120bn
The investment of 10 Nigerian Deposit Money Banks in software, which has accrued over the years, reached N120bn as of ...
Friday, May 15, 2026
Tag: Nigeria
3,891 debtors owe banks above N1bn each
About 3,891 firms and other debtors have taken individual loans above N1bn, totalling N13.19tn of loans in the banking sector. ...
NNPC claims Nigeria owes it N797bn — NEITI
The Nigeria Extractive Industries Transparency Initiative, NEITI, today, stated that the Nigerian National Petroleum Corporation, NNPC, is claiming that it ...
Nigeria risks fiscal crisis without increased revenue — Ahmed
Zainab Ahmed, minister of finance, has warned that the Nigerian economy could go into fiscal crisis if the country fails ...
Thousands stranded as Nigeria suddenly closes Seme border
A major border crossing between Nigeria and Benin Republic remained closed on Wednesday without formal notice, leaving thousands of people ...
Nigeria’s migrant remittance to hit N34.8bn in 2023- PwC
Migrant remittances to Nigeria could grow to $25.5bn, $29.8bn and $34.8bn in 2019, 2021 and 2023 respectively, estimates PwC in ...
‘Channel funds for energy subsidies to growth enhancing investments’- IMF tells global economies
The International Monetary Fund (IMF) is advising economies around the globe to quit funding energy subsidies that breed fossil fuels ...
90% of Nigeria’s 10m elderly persons live without pension support
About 90 percent of Nigerians aged 60 years and above live either with irregular pension or without pension support. In ...
Nigeria is losing trillions to corruption, say forensic experts
Forensic experts yesterday alleged growing cases of fraud, cybercrime and corruption in the country despite government’s effort to address these ...
Moody’s: Nigeria has less flexibility to cut spending
While most Sub-Saharan African (SSA) sovereigns plan to consolidate their budgets to stabilise debt, they are now more vulnerable to ...
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