NGX Market Cap Increases by N232bn   The Nigerian Stock Exchange closed higher on Thursday, 29 January 2026, as investors responded to positive market sentiment despite a slowdown in trading activity. The total market capitalisation rose by N232bn, from N105.74tn on Wednesday,...

Naira Hits N1,396.99/$, Breaks N1,400 Barrier   Nigeria’s naira has traded below the N1,400/$1 level on the official market for the first time in over a year, marking a notable psychological and market milestone for the currency. Data from the Central Bank...

Senate Commences Probe of Failing Railway System   The Senate on Thursday launched a comprehensive investigation into operational inefficiencies, insecurity, and alleged financial improprieties in Nigeria’s railway system, amid growing concerns over declining service delivery across key rail corridors. The decision followed...

Businesses Suffer as FG's Domestic Loans Hit N9trn The Federal Government’s domestic borrowings from financial market operators rose sharply in 2025 despite high interest rates, widening the gap between public and private sector access to credit, according to data obtained...

Telcos to Invest N1.4trn in Network Expansion - NCC   Nigeria’s mobile-phone operators plan to step up spending on network infrastructure this year, promising to invest more than the over $1bn (N1.4tn) ploughed into the sector in 2025, the Nigerian Communications...

IMPI Forecasts 5.5% GDP Growth for Nigeria The policy group, the Independent Media and Policy Initiative (IMPI) has projected that Nigeria’s Gross Domestic Product will reach 5.5 per cent in 2026, driven by what it describes as the new economic...