October 17, 2025 By Blaise Udunze When the National Bureau of Statistics (NBS) yesterday announced that Nigeria’s inflation rate had dropped to 18.02 percent in September 2025, the news was met with official applause. Government officials hailed it as evidence that the economy is recovering. Yet, for the millions of […]
OPINION/EDITORIAL
Geopolitical Risk in Oil Has All But Evaporated
Image Credit: Oilprice.com October 17, 2025/Oilprice.com By Tom Kool Editor, Oilprice.com A growing glut of oil and fear of a global economic slowdown have pushed U.S. crude prices to their lowest point in five years. Friday, October 17, 2025 The re-imposition of US import tariffs on China and the concurrent […]
How Nigerian Banks Built a N219 Trillion Asset Empire on Depositors’ Funds
October 16, 2025 By Blaise Udunze In the first quarter of 2025, Nigeria’s 10 largest banks proudly reported a combined total asset base of N218.99 trillion, up from N212.75 trillion at the end of 2024, according to a report by Nairametrics published on May 19, 2025. On paper, it looked […]
