‎FG Engages World Bank for Fresh $1.5bn Loans ‎ ‎The Federal Government is seeking $1.5 billion in fresh financing from the World Bank through three proposed loans targeted at social protection, early childhood development and climate resilience. ‎ ‎Documents obtained from the World Bank show that the three...

DisCos Raked in N205bn Revenue in July — NERC   Electricity Distribution Companies (DisCos) operating across Nigeria generated a total revenue of N205.53 billion in July 2026, marking a 7.12 per cent increase from the amount collected in June, latest industry data from the Nigerian Electricity...

Nigeria Moved $157trn Worth of Goods, Services in 2025 – FG   The Federal Government has put the value of goods and services transported across Nigeria in 2025 at $157 trillion. Technical Adviser to the Vice President on Transportation, Logistics and Innovation, Segun Obayendo, disclosed this on...

Pension Funds Invest N241bn in Infrastructure   Pension funds have committed N241bn to infrastructure development under a new initiative by the National Pension Commission and FSD Africa, with the first tranche expected to be deployed by the second quarter of 2027. The Director-General of PenCom, Omolola Oloworaran,...

Nigeria, Others Get $22bn Private Capital From World Bank   The World Bank Group mobilised $22bn in private capital for African economies in its 2026 fiscal year, up from approximately $9bn four years earlier, as the institution stepped up efforts to attract private investment into developing...

DisCos Record N123.8bn Revenue Shortfall In June   Distribution companies (DisCos) across Nigeria failed to convert a significant portion of the electricity they received into actual cash in June 2026, leaving a gap of N123.87bn between the value of energy supplied to them and the revenue...