FG to Borrow N2.5tn through Bonds – DMO The Federal Government is seeking to raise N2.5tn in its second FGN bonds auction of the year. Debt Management Office in a circular issued on Wednesday, stated that the offerings consisted of N1.25tn with a maturity date of...

Nigeria’s Real Estate Predicts $2.26trn Growth in 2024 The real estate sector in Nigeria is forecast to grow to $2.26 trillion in 2024, of which residential estate will contribute $1.93 trillion or 85.4 percent. Analysts who made the forecast noted that the growth would be happening...

UK Lawyers Can’t Practice in Nigeria, Says Trade Minister  The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, on Wednesday, reversed her earlier statement indicating that United Kingdom (UK) lawyers are allowed to practice in Nigeria. Uzoka-Anite, had in a statement highlighted that UK-trained lawyers could...

Tinubu Seeks Senate's Approval of Cardoso as MPC Chair President Bola Ahmed Tinubu has appointed the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, as the chairman and 11 others as members of the newly constituted Monetary Policy Committee (MPC) of the apex...

Nigeria’s Crude Production Falls 1.419mbpd in January - OPEC The Organisation of Petroleum Exporting Countries report shows that Nigeria’s crude oil production marginally dropped to 1.42 million barrels a day in January 2024. OPEC’s Monthly Oil Report for February 2024 released Tuesday showed that the country’s...

FG to Distribute Free 42,000MT Grains Nationwide The Federal Government, on Wednesday, announced that it would distribute the 42,000 metric tonnes of grains approved by President Bola Tinubu to poor Nigerians at no cost. FG disclosed that the Department of State Services and the National Emergency...