FG Approves N3.6bn Skills Devt Fund for Artisans   The Federal Government has approved N3.6bn to support tailors under the Industrial Training Fund’s Skill Up Artisans Programme as part of efforts to strengthen Nigeria’s informal sector, create jobs and produce globally competitive artisans. The Director-General and Chief...

79% of Nigerians at Risk of Poverty Despite Reforms - World Bank   Despite nearly three years of sweeping economic reforms by the Federal Government, about 79 per cent of Nigerians remain poor or vulnerable to falling into poverty, highlighting the country’s deepening social and economic...

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...