The Federal Government raised ₦5.08 trillion from the domestic bond market in the first half of 2026, a 77.8% increase compared to ₦2.86 trillion in the same period of 2025, according to analysis of Debt Management Office (DMO) auction results.

Power Sector Loses N2.6bn to Transmission Faults in 3 Months   Nigeria’s electricity transmission losses cost the power sector an estimated N2.61bn in the first quarter of 2026 as the Transmission Company of Nigeria failed to meet the loss target set by the Nigerian Electricity Regulatory...

FG Targets N30trn Mining Sector Through Major Reforms   The Federal Government on Thursday reaffirmed its ambition to expand Nigeria’s solid minerals industry 25-fold to about N30trn, equivalent to approximately $21bn, by 2030, as reforms in the sector continue to attract fresh investments and significantly increase...

IMF Projects 3% Economic Growth, 4.7% Global Inflation   The International Monetary Fund (IMF) has projected that global headline inflation will increase from 4.1 per cent in 2025 to 4.7 per cent in 2026. In its July 2026 World Economic Outlook Update, the IMF stated that the...

Tinubu Rejects Two NASS Bills Citing Constitutional Issues President Bola Tinubu on Thursday declined assent to two bills passed by the National Assembly, citing constitutional concerns and defects that require correction before the proposed legislation can become law. The Senate was notified of the President’s decision...

Senate Approves Customs’ N1.3trn Budget, N11trn Revenue Target   The Senate on Wednesday approved the 2026 budget proposal of the Nigerian Customs Service, endorsing a revenue target of N11.074tn and an expenditure estimate of N1.295tn for the 2026 fiscal year. The approval followed the consideration and adoption...