The Federal Government has allocated over N1.1 trillion to the power sector in the 2026 Appropriation Bill, an amount higher than the N900 billion budgeted for the sector in 2025.Â
The Central Bank of Nigeria's (CBN) latest quarterly statistical bulletin reveals a 0.88% month-on-month increase and a 57.56% year-on-year growth compared to June 2024.
The Debt Management Office (DMO) has announced that the Federal Government will seek to raise N900 billion through the reopening of three federal bonds in its January 2026 auction.
Nigeria and Abu Dhabi Ports Group have signed a memorandum of understanding (MoU) to explore strategic collaboration in ports development, maritime logistics and digital solutions.
The International Monetary Fund (IMF) has revised Nigeria’s economic growth projection for 2026 upward to 4.4%, signaling renewed confidence in the country’s economic trajectory. This marks a modest but notable increase from the Fund’s previous forecast of 4.2%.