Private Sector Credit Drops N537bn In September
Nigerian commercial lenders pulled N537.6bn out of private sector loan books in September, demonstrating how…
Private Sector Credit Drops N537bn In September
Nigerian commercial lenders pulled N537.6bn out of private sector loan books in September, demonstrating how quickly punishing cash reserves choke commerce despite official claims of monetary easing. Fresh money market figures from the Central Bank of Nigeria show that total credit to businesses and households dropped to N83.93trn, retreating from the N84.47trn recorded in August….
National Diesel Supply Plunges 40% -NMDPRA
Nigeria’s daily diesel supply dropped forty per cent in September to hit an uncomfortable thirteen-month low, exposing the fragility of domestic fuel distribution just as transport costs hammer household budgets across the country. Official data released in Abuja by the Nigerian Midstream and Downstream Petroleum Regulatory Authority showed daily market receipts falling to 8.7 million…
France Bans Protests Over Violent Living Costs
President Emmanuel Macron slapped sweeping gathering bans and municipal curfews across French cities on Thursday, 22 October 2026, after violent street riots shattered nationwide marches against the soaring cost of living. More than half a million citizens flooded town centres on 17 October before radical fringe groups hijacked the peaceful marches, leaving charred vehicles and…
Pa Fasoranti For Burial On December 17
The family of late Afenifere patriarch Reuben Famuyide Fasoranti announced in Akure on Thursday, 22 October 2026, that his funeral service and final interment will take place on 17 December at St David’s Cathedral, Ijomu. The centenarian statesman died peacefully at his Ondo State residence on Tuesday, 20 October, closing a century of principled public…
Ebola: APC Says Atiku Politicising Health Emergency
The All Progressives Congress Presidential Campaign Council says the ₦10 billion President Bola Tinubu approved for Ebola preparedness in June has not been spent, as Nigeria’s first confirmed Ebola case in 12 years turns into a fresh flashpoint in the 2027 campaign. The council’s spokesperson, Dele Alake, said in a statement in Abuja on…
Naira Steadies At N1,330 In Official Trading
Nigeria’s naira held steady in early trade on Friday, 23 October 2026, exchanging at N1,330.95 against the American dollar on the official foreign exchange market. Screen-based trades opened within a tight range of N1,330.95 to N1,332.00 per dollar, giving commercial lenders in Lagos a welcome respite from wild price swings. Tight monetary policy preserves brittle…
Ebola: Nigeria Quarantines Contacts, Says Patient Recovering
The Federal Government says there is no evidence so far that Nigeria’s confirmed Ebola case has spread into the community, as health authorities quarantine high risk contacts and tighten surveillance at airports and hospitals. The Coordinating Minister of Health and Social Welfare, Prof. Ali Pate, told a briefing in Abuja that the patient, a woman…
Nollywood Actor Francis Duru Dies At 57
Veteran Nigerian actor Francis Duru died at the age of 57 following a brief illness on Friday morning, 23 October 2026, stripping the domestic film industry of one of its most versatile pioneer performers. His family announced his passing in an early-morning statement released through his social media accounts, pleading for privacy and prayers as…
Trump Demands Apology From LeBron James Over National Anthem Video
United States President Donald Trump has branded NBA star LeBron James “a TOTAL DISGRACE” and demanded an apology, after a video showed the Philadelphia 76ers forward going through warm up motions while the American national anthem played. The footage was taken before the 76ers’ season opener against the New York Knicks at Madison Square Garden…
Aso Rock Is Our Own Too, Sowore Tells APC
Omoyele Sowore, presidential candidate of the African Action Congress, has defended his party’s request to inaugurate its campaign council at the Presidential Villa, insisting that opposition parties are entitled to the same access the ruling All Progressives Congress enjoys. He spoke on Thursday at an event organised by the Institute of Chartered Accountants of Nigeria,…