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...
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.
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.