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Economy
Nigeria’s Total Expenditure Drops 41.57% Below Budget Target in Q3 2025
Nigeria’s total government expenditure in the third quarter of 2025 stood at N8.03 trillion, falling 41.57 percent short of its…
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Economy
Federal Government Borrowed N11.89tn but Spent Only N3.10tn on Capital Projects in Nine Months
The Federal Government borrowed a total of N11.89 trillion in the first nine months of 2025 but allocated only N3.10…
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Economy
Banca Sella Becomes First Italian Bank Licensed for Crypto Under MiCA
Banca Sella has made European banking history, becoming the first Italian bank to receive regulatory approval to offer cryptocurrency services…
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Ileya 2026: Balancing Sacrifice, Economic Resilience, and Commercial Growth
As the crescent moon ushers in this year’s Eid el-Kabir, the management of Ilorin Commerce Chronicle extends its warmest greetings…
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Daily Quote
Mid-Week Pause for Entrepreneurs
Taking a mid-week pause to reflect, recharge, and rebuild. May this holiday bring fresh perspectives to your entrepreneurial journey. Eid…
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Economy
FG Declares Two-Day Public Holiday to Mark Eid-ul-Adha
The Federal Government has declared Wednesday, May 27 and Thursday, May 28, 2026 as public holidays to mark the Eid-ul-Adha…
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Economy
Nigeria’s Money Supply Reaches N124.99tn Amid Growing Liquidity Pressures
Nigeria’s broad money supply climbed to N124.99 trillion in April 2026, up from N123.12 trillion recorded in February, reflecting continued…
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Economy
Nigeria’s External Reserves Gain $551m in May as FX Outlook Strengthens
Nigeria’s foreign exchange reserves have rebounded strongly in May 2026, rising by approximately $551 million after sustained pressure throughout April,…
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Economy
Stanbic IBTC Outperforms Wema Bank in Q1 2026
Stanbic IBTC Holdings and Wema Bank both delivered strong first-quarter 2026 results, but Stanbic maintained the upper hand through diversified…
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Economy
NNPC Fights Back as Dangote Refinery’s Fuel Import Lawsuit Heats Up
The Nigerian National Petroleum Company Limited (NNPC) has formally opposed a lawsuit filed by Dangote Refinery challenging fuel import licences…
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