Nigeria to Attract $20bn in FDI in 2026 - Tinubu
President Bola Tinubu on Thursday said Nigeria is on course to attract close to $20 billion in foreign direct investment in 2026 alone.
He attributed the figure to his administration’s systematic removal of regulatory bottlenecks, macroeconomic...
Inflation Forecast to Hit 15.95% in Sceond Straight Monthly Rise
Nigeria’s cooling inflation era has hit a significant geopolitical roadblock. After nearly a year of steady decline, headline inflation is projected to climb for the second consecutive month, reaching 15.95 per cent in April 2026.
According...
What began on January 1, 2026 as one of Nigeria’s most debated fiscal overhauls is steadily evolving into a reform story defined not by public outrage, but by rising confidence, stronger compliance, and visible economic relief for millions of workers and small businesses.
FEC Okays $2.99bn for Three Major Rail Projects in Lagos, Kano, Kaduna
The federal executive council (FEC) has approved contracts worth $2.99 billion for three major rail projects in Lagos, Kano, and Kaduna states.
Speaking with State House correspondents after the weekly FEC meeting in Abuja...
NRS Raises Alarm Over Illicit Capital Outflows, Recovers N80bn
The Nigeria Revenue Service (NRS) has stated that it recovered over N80bn from illicit financial flows within a three- to five-year window. It urged private sector operators to strengthen due diligence and help curb capital flight.
The...
Nigeria’s foreign currency-denominated tax receipts rose sharply to ₦6.33 trillion in 2025, reflecting higher contributions from multinational firms and the impact of exchange rate reforms, according to data from the National Bureau of Statistics (NBS).
