Tinubu's No-Loan Promise Contrasted as FG Borrows N1.15trn   Despite recent statement by President Bola Ahmed Tinubu that Nigeria had stopped taking domestic loans, the National Assembly yesterday approved a fresh request from the federal government to borrow N1.15 trillion from the domestic debt market to...

Tax Incentives Fuel 3.1% Growth in Manufacturing Sector - MAN   The Manufacturers Association of Nigeria (MAN) has projected that the country’s manufacturing output will grow by 3.1 per cent in 2026, driven by new tax incentives, harmonisation of levies expected under the new tax regime...

Nigeria Sees 11th Consecutive Month of Economic Growth   Nigeria’s economy expanded for the eleventh consecutive month as Central Bank of Nigeria (CBN) Purchasing Managers’ Index rises to 55.4 index points in October 2025 from 54 index points recorded in the previous month. According to the CBN...

The national assembly has approved President Bola Tinubu’s request to borrow N1.15 trillion to fund the 2025 budget deficit.

FEC Approves Over ₦890bn for Fresh Road Projects Nationwide   The Federal Executive Council (FEC) has approved more than ₦890 billion for the execution and review of several major road projects across the country, in line with President Bola Ahmed Tinubu’s commitment to his administration’s Renewed...

Banks’ Recapitalisation Key to Achieving $1trn Economy — CBN   The Central Bank of Nigeria (CBN) has reiterated that the ongoing recapitalisation of commercial banks is central to achieving the Federal Government’s ambition of building a $1 trillion economy by 2030. The CBN Deputy Governor for Financial...