Concerns are mounting over potential job losses in Nigeria as 22 major companies grapple with a combined debt burden estimated at ₦3.9 trillion, raising questions about their ability to sustain operations, investment and employment. The debt exposure comes at a difficult time for businesses operating in Nigeria, where companies have faced elevated borrowing costs, energy…
13th July 2026 The Nigerian naira maintained its stability against the United States dollar, closing at ₦1,382.33/$1, a development that analysts say reflects improved liquidity and relative calm in the country’s foreign exchange market. The latest exchange rate indicates that the local currency continues to benefit from ongoing reforms introduced by the Central Bank of…
“The new terminal will open up opportunities, enhance efficiency, and elevate Snake Island Port as a major global shipping center,” MSC President Diego Aponte said.
Housing and home ownership has been a perennial challenge in Nigeria getting to a crisis point. In this interview, Mr Mayokun Oyesiku, Managing Director/ Chief Executive of Blaqcrest Homes Limited, explained the situation and proffered the solutions including the role his firm is playing presently.
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