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Nigeria, Turkey to Establish Joint Committee on $5bn Trade Target

The federal government has announced plans to establish a joint economy and trade committee with Turkey to boost bilateral trade to $5 billion.

NNPC Increases Petrol Price in Lagos, Abuja

The Nigerian National Petroleum Company (NNPC) Limited has increased petrol price to N835 per litre in Lagos, and N839 per litre in Abuja.

FGN Bond Auction Sees Record N1.54trn Subscription

FGN Bond Auction Sees Record N1.54trn Subscription ‎Investors are rushing to lock in high returns before interest rates eventually fall, driving the Federal Government to raise a historic N1.54 trillion in its January 2026 bond auction. This record-breaking allotment, the highest in the Debt Management Office’s...

IMPI Projects 5.5% GDP Growth for Nigeria in 2026

One of Nigeria’s prominent policy advocacy groups, the Independent Media and Policy Initiative (IMPI), has projected that the country’s economy will grow by 5.5 per cent in 2026, citing the new economic model adopted by the administration of President Bola Ahmed Tinubu.

Nigeria, UAE Sign Deal to Waive Tariffs on 7,315 Products

The Federal Government signed a Comprehensive Economic Partnership Agreement with the United Arab Emirates (UAE) to remove tariffs on some products.

National Grid Collapses Second Time in 2026

Nigeria’s national electricity grid suffered another collapse on Tuesday morning, plunging several parts of the country into darkness.