Business Archives - Page 2 of 16

Nigeria’s Public Debt Rises 10% to N159.27tn, Says Debt Management Office

Posted April 16, 2026 by Freedom Square TV

Nigeria’s combined public debt for the federal and state governments climbed by 10 percent year-on-year to N159.27 trillion as of the fourth quarter of 2025, up from N144.67 trillion recorded in the same period of 2024, according to the Debt Management Office. The latest figure also reflects a quarterly…

International Monetary Fund Plans Up to $50bn Support for Nigeria, Others Amid Middle East Crisis

Posted April 16, 2026 by Freedom Square TV

The International Monetary Fund has signalled its intention to make available between $20 billion and $50 billion in financial assistance to Nigeria and other nations grappling with the economic fallout from the ongoing Middle East crisis. Speaking at the presentation of the Fund’s Global Policy Agenda during the Spring…

Dangote Refinery Boosts Fuel and Fertiliser Exports to Africa Amid Iran-Linked Supply Disruptions

Posted April 8, 2026 by Freedom Square TV

The Dangote Refinery has ramped up the export of petrol and fertiliser to several African countries facing shortages triggered by disruptions linked to the Iran conflict. President of the Dangote Industries, Aliko Dangote, disclosed on Monday that the refinery has the capacity to meet growing demand across the continent.…

Dangote Says Bola Ahmed Tinubu’s UK Visit Will Unlock Opportunities, Warns of Middle East Crisis Impact

Posted March 23, 2026 by Freedom Square TV

President and Chief Executive of the Dangote Group, Aliko Dangote, has expressed optimism that the recent visit of Bola Ahmed Tinubu to the United Kingdom will create significant opportunities for Nigeria. Dangote also cautioned that the ongoing tensions in the Middle East could worsen economic conditions globally, warning that failure…

Can Smart Financing and Spending Finally Build Nigeria’s Bridges?

Posted March 16, 2026 by Prof. Chiwuike Uba, Ph.D.

Nigeria faces a familiar paradox: billions of naira are borrowed, yet bridges, roads, hospitals, and schools still fail to meet the needs of its citizens. Congested highways choke Lagos, rural towns in Kaduna lack reliable electricity, and conflict-affected regions struggle to rebuild. The question is urgent: can smart financing, disciplined…

Naira Shows Signs of Stability amid Mixed Market Signals as Weeks Ends

Posted February 27, 2026 by Freedom Square TV

As trading wrapped up on Friday, February 27, 2026, the Nigerian naira continued to show signs of relative stability against the United States dollar — despite ongoing pressures in both official and parallel foreign exchange markets. Data from multiple market trackers indicates a complex picture of currency performance, reflecting…

NEXIM Bank Disbursed ₦179.79bn to Nigerian Exporters in 2025, Pledges Support for $1tn Economy Goal

Posted February 26, 2026 by Freedom Square TV

The Managing Director and Chief Executive Officer of the Nigerian Export-Import Bank (NEXIM), Abubakar Bello, announced that the bank disbursed a total of ₦179.79 billion to Nigerian exporters in 2025. Bello made the disclosure at the 2025 Annual General Meeting (AGM) of the Finance Correspondents Association of Nigeria (FICAN)…

₦1.2bn Copyright Levy Disbursement Sparks New Dawn for Nigerian Authors, Publishers

Posted February 20, 2026 by Freedom Square TV

----- Describes it as historic breakthrough for authors and publishers across the country and capable of positioning creative industries. The Reproduction Rights Society of Nigeria (REPRONIG) has described the Federal Government’s disbursement of ₦1.2 billion under the copyright levy scheme as a landmark achievement for authors and publishers nationwide.…

Enugu Government Shuts Down Bet9ja Operations Over Alleged Regulatory Breaches

Posted February 10, 2026 by Freedom Square TV

The activities of KC Gaming Networks, operators of the Bet9ja brand, have been halted in Enugu State following alleged repeated breaches of the Enugu State Gaming and Lottery Law, THE WHISTLER has reported. The Enugu State Government confirmed on Tuesday that the shutdown was prompted by the company’s continued…

SEV2050 Forum Enters Day 3 as Experts Push Strong Institutions, Energy Drive for South East Prosperity

Posted February 6, 2026 by Freedom Square TV

---- Participants advocate for strong institutions, Stakeholder engagement, Energy Infrastructure and industrialization of the region. The South East Vision 2050 (SEV2050) Stakeholders’ Forum continued on Thursday, February 5, 2026,in Enugu with renewed focus on building strong institutions and accelerating development across the region. The third day of the forum, themed…

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