The Federal Government has disbursed N2.45tn to state governments and the Federal Capital Territory for infrastructure and security projects.

Eight major Nigerian manufacturing firms spent a combined N1.01tn on energy and raw materials in the nine months ending September 30, 2025.

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 to include sugar projects as...

Naira Appreciates with ₦25.33 Gain Across Markets on Jan 30 The naira extended its rally for the fourth time in January, strengthening against the U.S. dollar on Friday, January 30, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja...

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, 28 January, to N105.97tn, representing...

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 of Nigeria show that the...