Amaka Azubuike

Maximum Lending Rate Drops Gently to 34.78%

Private Sector Credit Hits Record N94.6tn – CBN

Nigeria’s banking system is expanding at a breakneck pace that defies traditional economic logic. Credit to the private sector reached a record N94.61tn in February. Simultaneously, government borrowing climbed to N39.36tn. Usually, heavy state borrowing crowds out private companies. Today, both are feasting on bank balance sheets at the same time. This dual surge suggests…

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Nigeria Retains Third-Largest Position on World Bank Borrower List

World Bank Funds N300m Livestock Laboratory at MOUAU

The Michael Okpara University of Agriculture, Umudike (MOUAU) in Abia State is set to become a hub for livestock innovation following a ₦300 million investment from the World Bank. The funding, provided through the Livestock Productivity and Resilience Support Project (L-PRES), is dedicated to establishing an Animal Feed Reference Laboratory. This initiative aims to modernize…

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Gunmen Kill Four in Benue Road Ambush

Gunmen Kill Four in Benue Road Ambush

Armed invaders killed at least four travellers along the Aila-Odugheho road in Benue State on Saturday. The victims fell into a lethal trap while moving through the Agatu Local Government Area. Locals named the deceased as Ochefije Elijah Ojema, Igojuju Husaini, Odiya Ochowechi, and Ochoyoda Adejo. This latest bloodshed highlights a shift in tactics by…

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