World Bank to Approve $500m Loan for Nigeria Today   The World Bank is set to approve a $500m loan to Nigeria on Friday (today) as part of efforts to expand access to finance for micro, small and medium enterprises across the country. The proposed facility, titled...

149 Firms Still Enjoy Tax Holidays Under New Law - FG   A total of 149 companies currently enjoying pioneer status incentives will retain their tax holidays for at least two more years, despite Nigeria’s transition to a new tax regime scheduled to take effect from...

Debt Service, Salaries Gulp 105% of FG Revenue   Debt service and personnel costs have swallowed more than the Federal Government’s total revenue for the first seven months of 2025, even as receipts fell sharply below target and capital projects suffered deep cuts. An analysis of the 2026–2028 Medium-Term...

Reps Move to Regulate CBN Operations   The House of Representatives on Thursday took initial legislative steps to strengthen transparency and accountability in the operations of the Central Bank of Nigeria, following the second reading of a bill seeking comprehensive amendments to the Central Bank of...

5kg Cooking Gas Price Surges to N8,081 in October - NBS   The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N6,395.82 recorded in September to N8,081.75 in October. The NBS stated this in its “Cooking Gas Price Watch’’...

FG Spent N1.1trn on Agric Imports as Foreign Trade Reaches N38.8trn   Nigeria’s trade with foreign countries increased to N38.93trn in Q3, 2025, foreign trade report by the National Bureau of Statistics (NBS) has stated. The report said the figure represents an increase of 8.71 percent over...