World Bank: FG Eyes Six Loans as Nigeria’s Debt Hit $9.2bn The Federal Government is set to secure six new loans totalling $2.23bn from the World Bank in 2025 as the international financial institution continues to support the country’s economic and structural reforms. Data from the...

NGX Domestic Transactions Decline to N535bn Total transactions in equity trading on the Nigerian Exchange Limited declined by 9.89 per cent to N607.05bn in January 2025 from N673.66bn recorded in December 2024. In its Domestic & Foreign Portfolio Investment Report on Monday, the decline was driven...

Lagos-Calabar Highway: FG Signs Fresh Deal to Secure Foreign Investments The Federal Government, through the Ministry of Works, has signed the Engineering, Procurement, Construction, and Finance contract for the Lagos-Calabar Coastal Highway Project with Messrs. Hitech Construction Company Nig. Ltd. This contract allows the contractor, in...

FGN Bond Auction Attracts N1.63tn Subscriptions in One Month  The Federal Government’s bond auction for February recorded a surge in investor demand, with total subscriptions rising to N1.63tn, a significant increase from the N670.94bn recorded in January. The sharp rise in demand led to higher allotments,...

Nigeria’s GDP Rises 3.40% in 2024 – NBS Nigeria’s Gross Domestic Product (GDP) grew by 3.40 per cent in 2024, an increase from 2.74 per cent recorded in 2023. This is just as the country’s economy grew by 3.84 per cent (year-on-year) in real terms in...

Members of the Organised Private Sector have warned that the country risks losing $200bn investment and 600,000 jobs.