Enugu Hosts PEBEC Townhall, Seeks Private Sector Input on Business Reforms

The Enugu State Government has hosted the Presidential Enabling Business Environment Council (PEBEC) Nationwide Townhall and Stakeholders Engagement as part of efforts to strengthen business reforms and improve the investment climate in the state. The event, organised by the Ministry of Trade, Investment and Industry in collaboration with the Enugu State Investment Development Authority (ESIDA), … [Read more…]

Enugu to Host PEBEC Town Hall on Ease of Doing Business Reforms June 3

The Enugu State Government through Ministry of Trade, Investment and Industry in conjunction with the Enugu State Investment Development Authority (ESIDA), has announced plans to host the Presidential Enabling Business Environment Council (PEBEC) Nationwide Town Hall and Stakeholders’ Engagement. The event is scheduled for today, Wednesday, June 3, 2026, at Hotel Presidential, Enugu. According to … [Read more…]

CBN warns Nigerians against fraudulent messages

Central Bank of Nigeria (CBN) on Tuesday warned members of the public against fraudulent messages, emails and online communications falsely claiming to originate from the apex bank. The bank said the fake messages were designed to mislead the public and, in some cases, gain unauthorised access to personal accounts through malicious links and deceptive online … [Read more…]

Nigerian airlines threaten shutdown from April 20 over cost of Jet A1 fuel

Nigerian airlines have threatened to suspend operations nationwide from April 20, 2026, following a sharp surge in Jet A1 prices that has pushed aviation fuel above N3,000 per litre. The development was reported by Channels TV on Wednesday, citing a letter from the Airline Operators of Nigeria (AON) to the Major Energies Marketers Association of … [Read more…]

DMO says Nigeria’s public debt rose by N14.61tn in 2025

Nigeria’s total public debt rose by N14.61 trillion year-on-year to N159.28 trillion as of December 31, 2025, according to the latest data released by the Debt Management Office (DMO). The figures show that the country’s debt stock increased from N144.67 trillion recorded in December 2024, representing a 10.1% rise over the one-year period. In dollar … [Read more…]

Enugu MSME & Startup Agency Rallies Residents For ’10Million Nigerian Youths, Women Upskilling Initiative’

The Enugu MSME & Startup Agency (Enugu SME Center) has called on youths, women, artisans, creatives, and entrepreneurs to participate in a nationwide upskilling programme aimed at improving employability and economic inclusion. The initiative, part of the Renewed Hope agenda of President Bola Ahmed Tinubu and aligned with the human capital development drive of Governor … [Read more…]

In London, Mbah Ignites Investors’ Interest in Enugu

…NGX, UBA affirm Enugu’s positioning as an emerging investors’ haven … Tinubu’s economic reforms most significant in decades – Mbah Governor of Enugu State, Dr. Peter Mbah, has ignited foreign investors’ interest in the state with prospective investors expressing the readiness to immediately key into opportunities across various sectors of the state’s economy. Mbah said … [Read more…]

CBN’s Recapitalisation: 34 banks meet threshold days to deadline

Thirty-four banks have met the new minimum capital threshold eight days to the deadline for banking recapitalisation, The Nation has confirmed. A provisional list reviewed yesterday showed that all the major banks with international banking licences, which control more than 70 per cent of the industry and most national banks have scaled the recapitalisation hurdle. … [Read more…]

Bar loan defaulters from accessing services, CBN tells banks 

The Central Bank of Nigeria (CBN) has issued a stern directive to commercial banks, ordering them to immediately halt the extension of further credit to “large-ticket obligors” who have failed to repay existing loans. This move targets high-value borrowers, both individuals and corporations, whose massive unpaid debts are deemed a systemic risk to the stability … [Read more…]