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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.

FG Allocates N580m for Airport Chillers, Software Upgrades

The Federal Government has allocated N580m for the procurement of chillers and software upgrades at airports.

Inflation Erases N2.8tn from Workers’ Pay in One Year

The real value of employees’ earnings fell sharply by about N2.79tn in 2024 to N25.48tn, indicating that workers became poorer as inflation wiped out gains from higher nominal pay, data from the Central Bank of Nigeria show.