Tinubu’s Painful Reforms Yielding Results - The Economist
Nigeria may be turning a corner after years of economic decline. According to The Economist, a spate of painful reforms introduced by President Bola Tinubu since 2023 is beginning to show positive...
NGF to Adopt Sugar as Driver of Industrial Development for States
The Nigeria Governors’ Forum (NGF) secretariat has agreed to prioritise sugar as a key product for the acceleration of industrial development in states across the country.
The NGF also accepted...
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...