FG Secures $238m Loan from Japan to Boost National Power Grid The Federal Government has secured a $238 million loan facility from the Japan International Cooperation Agency (JICA) to strengthen Nigeria’s national power grid. The deal was finalized during high-level engagements at the Ninth Tokyo International...

FG Target N200bn Through Bond Auction   The Debt Management Office (DMO) on Thursday announced an offering of N200bn savings bonds. According to the offer document on its website, one of the bonds was a reopening of the June 2032 bond with the coupon rate of 17.95...

TinCan Customs Generate N16.4bn Revenue in One Day   The Nigeria Customs Service, Tincan Island Port Command, has achieved a remarkable feat by collecting N16.4bn in revenue on August 19, 2025, through the effective deployment of the Unified Customs Management System, B’Odogwu. This milestone is a...

Report Reveals Only 36% of 15m Households Benefit from Cash Transfer   Since October 2023, only 36 per cent of targeted households have benefited from the conditional cash transfer programme launched by the Federal Government to cushion economic hardship for vulnerable Nigerians. According to the latest mid-year...

UK Tops Nigeria’s Q1 Capital Inflow with N5.5trn Investment   United Kingdom-based investors provided the bulk of Nigeria’s foreign capital in the first quarter of 2025, accounting for more than 65 per cent of total inflows, the latest Capital Importation report from the National Bureau of...

According to data from the Central Bank of Nigeria (CBN), this marks the first time since 2021 that the country’s reserves have crossed the $41 billion threshold, signaling renewed stability in external buffers.