OPINION/EDITORIAL

Banks’ N1.96Trn Black Hole: Who Took the Loans, Who Defaulted, and Why the Real Economy Suffers

November 7, 2025 By Blaise Udunze Nigeria’s banking sector has entered a season of reckoning. Eight of the nation’s biggest banks have collectively booked N1.96 trillion in impairment charges in just the first nine months of 2025 which represents a staggering 49 percent increase from the N1.32 trillion recorded in […]

Oil Prices Under Pressure Despite Trump’s Venezuela Threats

November 7, 2025/Oilprice.com Tom Kool Editor, Oilprice.com Oil market sentiment is decidedly bearish at the moment, but Trump’s threats around Venezuela mean there is plenty of potential for volatility in the near future. Friday, October 24, 2025 Tacitly anticipating Trump’s next moves on Venezuela, the oil markets have been trending […]

Nigeria’s Fiscal Buffers Strengthen as Key Sovereign Accounts Record Growth

November 6, 2025/CSL Report Nigeria’s Excess Crude Account (ECA) and Stabilisation Account have both recorded notable increases between June 2023 and October 2025, reflecting renewed fiscal discipline and stronger revenue mobilisation at the federal level. Data presented by the accountant-general of the federation to the National Economic Council (NEC) show […]