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Lagos-Calabar Highway: FG Signs Fresh Deal to Secure Foreign Investments

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 

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 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...

Private Sector Fears $200bn Investment Loss Over FTZs Tax

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

Equity Market Records N1.83tn Gain in One Week

The Nigerian equity market recorded a gain of N1.83tn last week as the All-Share Index and Market Capitalisation appreciated by two per cent and 2.78 per cent.

Cardoso Promises to Strengthen Nigeria-Saudi Economic Relationship

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has restated the bank’s commitment to boosting economic cooperation.