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DMO Raises ₦1.54tn in January Bond Sale, Exceeds ₦900bn Offer

DMO Raises ₦1.54tn in January Bond Sale, Exceeds ₦900bn Offer The Federal Government of Nigeria (FGN) has allotted a total of N1.54 trillion at its January 2026 bond auction, significantly exceeding the N900 billion initially offered. This, analysts say, underscores sustained investor confidence in government securities...

Niger Govt Partners IDB on $163m Solar Project

Niger Govt Partners IDB on $163m Solar Project Nigeria’s Niger State government will work with the Islamic Development Bank to develop a $163 million solar electrification project to increase power supply and support agriculture and industry, officials said on Tuesday. The project will involve the construction...

Cyberbullying Trial: How Police Tracked Lawyer, Influencers Over “Banditry” Slurs Against Senator Buba

Cyberbullying Trial: How Police Tracked Lawyer, Influencers Over "Banditry" Slurs Against Senator Buba A Superintendent of Police attached to the National Cybercrime Centre (NCC), Michael Kalu, on Tuesday told the Federal High Court in Abuja how digital forensics and coordinated tracking led to the arrest...

Dangote Refinery Raises Petrol Price to ₦799/Litre, As MRS Adjusts Pump Rate to ₦839

Dangote Refinery Raises Petrol Price to ₦799/Litre, As MRS Adjusts Pump Rate to ₦839 Dangote Petroleum Refinery has increased the ex-gantry price of Premium Motor Spirit (petrol) from ₦699 to ₦799 per litre, triggering an upward adjustment in pump prices at partner retail outlets, including...

FG Begins Mapping Disputed Oil, Gas Wells to Resolve Ownership Claims

FG Begins Mapping Disputed Oil, Gas Wells to Resolve Ownership Claims The Federal Government has commenced the plotting of coordinates for disputed and newly drilled oil and gas wells as part of efforts to resolve long-standing ownership claims and ensure accurate attribution of petroleum assets...

Naira Appreciates Against Dollar Across Markets on Jan 26

Naira Appreciates Against Dollar Across Markets on Jan 26 The naira appreciated against the U.S. dollar on Monday, January 26, in both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira traded at ₦1,480/$1 for...