The cost of borrowing in Nigeria remains an important consideration for households and businesses even as banks report improved access to credit, with the Central Bank of Nigeria’s second-quarter 2026 Credit Conditions Survey showing that lending-rate spreads moved differently across various categories of borrowers. The survey showed that while lenders increased the availability of secured, unsecured and corporate credit in the second quarter, the cost of credit did not move in the same direction for all borrowers. Lending-rate spreads narrowed for some categories but widened for others, highlighting the different borrowing conditions faced by households, small businesses and larger companies.…
Author: Editor
My response to an open letter addressed to Sheikh Yahaya Jingir, which questioned the essence of Muslims occupying political offices while Muslims remain hungry, deprived of their rights and allegedly unable to freely practise their religion, is that the debate must go beyond who occupies political office.f A friend, Sina Fasakin, recently sent me a copy of the open letter, prompting me to reflect on a question that Muslims and Christians alike ought to ask: What exactly is the meaning and benefit of a Muslim-Muslim ticket in a country as religiously diverse as Nigeria if it does not translate into…
Not every telemedicine business model performs equally well in Nigeria. Investors who align their strategies with local healthcare realities are significantly more likely to achieve sustainable growth. Below are the top five investment business models that are currently dominate the telemedicine business in Nigeria 1. Direct-to-Consumer (D2C) Teleconsultation Patients subscribe individually and access doctors through mobile applications or websites. This model generates recurring revenue through consultation fees, subscriptions and medicine delivery commissions. Examples include DRO Health and Mobihealth International, both of which provide virtual consultations, prescription services and healthcare coordination. Mobihealth has expanded beyond Nigeria into multiple African countries and…
The Middle East will no longer be as it was before the imposed war of choice on Iran by the duo of America and Israel. The United States used to be the “monitor” of the region, with Israel as its darling “whip”. The Middle East had been organised to function as the props of the Zionist state. It feeds it. It protects it. The Gulf countries were made to form a multi-layered defence on their behalf, shooting down missiles meant for them while allowing their attacks to pass through. One thing the world has witnessed is that Israel has often…
Stakeholders in Niger State have pledged sustained support for the newly commissioned Nigeria Security and Civil Defence Corps (NSCDC) clinic in Niger State, with commitments to provide emergency drugs, medical equipment and technical assistance. This would strengthen the healthcare services for personnel, their families and the host community. The pledges were made during the commissioning of NSCDC Clinic in Minna. Representatives of government agencies and development partners described the facility as a significant boost to healthcare delivery and emergency response. The Executive Director of Niger State Drugs and Hospital Consumables Agency, Umar Ndaji, pledged the agency’s support with N100,000 worth…
In Nigeria, flooding is the most imminent preventable disaster, occurring annually with dire consequences, including the loss of life and property across several communities nationwide. The statistics over the last five years (2021-2025) are alarming and underscore the urgent need for stronger prevention. In 2021, 27 states were affected, with thousands of hectares of farmland destroyed. In 2022, the worst floods in a decade occurred, destroying 305,400 houses and 569,000 hectares of farmland across 35 states, valued at $6.68 billion, equivalent to N9.352 trillion. In 2023, the National Bureau of Statistics estimated economic losses from flooding in Nigeria at approximately…
Energy costs remain the biggest factor influencing inflation perceptions among Nigerian households and businesses, even as expectations of further moderation in price pressures improve, according to the Central Bank of Nigeria (CBN). The finding is contained in the CBN’s July 2026 Inflation Expectation Survey, which examined how firms and households perceived inflation and its major drivers during the month. The survey showed that 60.9 per cent of businesses reported increased expenditure as a result of inflation in July, compared with 55.9 per cent of households. Energy costs, covering petrol, diesel and electricity, recorded the highest inflation perception score among both…
The news circle has been dominated for some time by the visit of Catholic Bishops to President Tinubu to draw the attention of the government to their concerns over the policy direction of the Administration. Speaking to the visit in a television interview, the Archbishop Emeritus of Abuja, John Cardinal Onaiyekan, has done Nigeria a good turn by boldly coming out and showing that the President Tinubu’s administration is determined to win the 2027 elections “by all means”. All the indicators are blinking red, showing a single-minded determination of the Tinubu Administration to use State resources to undermine the credibility…
ACCRA, Ghana — Ghana has intensified efforts to position itself as a pharmaceutical and vaccine manufacturing hub in Sub-Saharan Africa, with the National Biosafety Authority (NBA) calling for a stronger biosafety regulatory framework to support local vaccine development and production. The call was made at a stakeholder workshop on “Vaccine Development and Manufacturing in Ghana: Regulatory Readiness and the Need to Strengthen Ghana’s Biosafety Regulatory Framework,” organised by the National Biosafety Authority in collaboration with GIZ GmbH, the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) under the PharmaVex Ghana Programme. The workshop brought together…
America, or Trump (these days they are interchangeable), fresh from bullying Venezuela, arrogantly thought it could replicate that in Iran. Seeing that Iran had a different chemistry from Venezuela, it devised a more sinister approach. It killed the country’s spiritual leader and a string of its military leaders. It was thought that the regime would collapse, enabling it to balkanise the country into fragments, making it difficult for them to come together again in a hundred years. But if there is a honey badger nation, that should be Iran. The honey badger (aka the ratel) is famous as the most…