InfoStride News

Nigeria remains classified within a high-risk debt environment despite recent fiscal improvements, according to a new assessment highlighted by the Nigerian Economic Summit Group (NESG), raising fresh concerns about the country’s debt sustainability trajectory and long-term macroeconomic stability. The report suggests that while fiscal reforms and revenue improvements have be...

Commercial banks reportedly withdrew about ₦1.76 trillion from the Central Bank of Nigeria as they increased cash holdings in preparation for heightened liquidity demand typically associated with election cycles and related economic activities. The development reflects a broader trend in the financial system where banks adjust liquidity positions in response to anticipated ca...

Governor Sheriff Oborevwori has pledged continued collaboration with Julius Berger Nigeria, promising more infrastructure projects for the engineering and construction giant as Delta State intensifies efforts to expand development across critical sectors. The governor reportedly made the commitment while highlighting the importance of quality infrastructure in driving economi...

Passengers traveling to Nigeria aboard a Delta Air Lines international flight were left stranded after the aircraft reportedly turned back to the United States following nearly eight hours in the air, triggering concerns among travelers and raising questions about operational disruptions affecting long-haul international routes. According to reports surrounding the incident, ...

The National Association of Aircraft Pilots and Engineers (NAAPE) has warned that the persistent challenges surrounding Jet A1 aviation fuel supply and pricing pose a serious threat to Nigeria’s aviation sector and the broader economy. According to the association, rising aviation fuel costs, supply instability, and operational uncertainties are placing severe financial press...