Nigeria and the United Arab Emirates (UAE) are seeking to expand trade and investment under their newly signed Comprehensive Economic Partnership Agreement (CEPA), officials confirmed after a meeting in Abuja.

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.

Nigeria spent nearly $1 billion servicing foreign loans in the first two months of 2026, according to the Central Bank of Nigeria’s February Economic Report

The Federal Government’s $500m World Bank-backed electricity metering programme has installed only 217,784 smart meters out of its target of 3.2 million, according to the Nigerian Electricity Regulatory Commission (NERC).

Turnover in Nigeria’s foreign exchange market fell sharply in the week ending 10 July 2026, with activity across both the Spot and Derivatives segments dropping by nearly half.

The International Monetary Fund (IMF) has warned that Nigerians will face higher prices for essential goods in 2026, a trend that could worsen poverty and food insecurity despite recent improvements in macroeconomic stability.