The federal government has approved Nigeria’s medium-term debt management strategy (MTDS) for the 2024-2027 fiscal year, pegging the debt-to-gross domestic product (GDP) ratio at 60 percent.
Africa is set to add 1.2 million barrels per day (bpd) of new refining capacity by 2030, marking one of the fastest downstream expansions globally, according to the newly released 2025 OPEC World Oil Outlook.
Nigerian equities closed weekend with their biggest loss in recent period as investors scrambled to lock in capital gains on several leading stocks in the financial services and industrial goods sectors.
The Nigeria Customs Service (NCS) has made significant seizures of undeclared cash at various airports across the country between January and July 2025, totalling $2.209m.
After an 11-year hiatus, Julius Berger has resumed infrastructure development in the Abuja Centenary City, following the contract signing ceremony for Phase 1 of the project’s primary infrastructure development.
