FGN Bond Auction Sees 45% Decline in Subscriptions Investor demand for Federal Government of Nigeria (FGN) bonds weakened sharply in May 2026, as total subscriptions fell by 45.6% month-on-month, despite higher yields at auction. Data from the Debt Management Office (DMO)...

Nigeria’s oil operating firms have grown from fewer than 10 before 2010 to about 117 today, following the implementation of local content policies that raised performance from under 5% in 2010 to 61% in 2025.

Nigeria requires about 800,000 new homes each year to keep pace with population growth, according to new research by PAC Research.

Despite the Dangote Refinery’s reduction of Jet A1 price to ₦1,650 per litre, aviation fuel continues to sell at ₦1,900–₦2,000 per litre across Nigeria, checks by Daily Trust revealed.

The Nigeria Revenue Service (NRS) has set a target of ₦40 trillion in tax revenue for 2026, stressing the importance of collaboration with states to achieve the goal.

Nigeria’s debt conversation has increasingly become dominated by fear, outrage, and alarmist reactions, especially whenever fresh borrowing requests are sent to the National Assembly.