Financial analysts at Afrinvest have warned that Nigeria’s total public debt may climb to ₦180 trillion by the end of 2025 if the country’s current fiscal trajectory is not urgently …
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FG raises N4.3bn from May 2025 savings bonds as retail investors show strong interest
The Debt Management Office (DMO) has successfully raised a total of ₦4.3 billion from its May 2025 Federal Government Savings Bond offer, showing sustained interest from retail investors in low-risk …
- EconomyFinance & ServicesGOVERNMENTNigeriaPoliciesTrade and Commerce
FG Revenue Rises to N12.4tn in 2024 as World Bank Urges Trade Policy Reforms
The Federal Government of Nigeria recorded a substantial rise in revenue, climbing by 82.4 per cent from N6.8 trillion in 2023 to N12.4 trillion in 2024, according to the World …
- BusinessBusiness InsightsDangote IndustriesEconomyEnergyGOVERNMENTInfrastructureNigeriaOil & GasTrade and Commerce
DAPPMAN Says Dangote Refinery is Only Viable Option for Petrol Supply
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has said its members can only rely on the Dangote Petroleum Refinery for Premium Motor Spirit (PMS), also known as …
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BUA’s Abdul Samad Rabiu Says Rice Prices Will Crash, Warns Hoarders
Chairman of BUA Group, Abdul Samad Rabiu, has declared that rice prices in Nigeria will crash soon, as his company has imported enough to feed the nation until the end …
- DevelopmentEconomyGOVERNMENTNigeriaPolitics
ADC Declares Itself Nigeria’s Coalition Party Ahead of 2027 Elections
The African Democratic Congress (ADC) has announced that it will serve as the coalition platform for opposition parties preparing to challenge the ruling party in the 2027 general elections. The …
- DevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaOil & GasPolitics
FIRS and RMAFC Form Joint Committee to Strengthen Tax Monitoring and Boost Revenue Sharing
The Federal Inland Revenue Service (FIRS) and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) have come together to set up a joint technical committee that will help improve how …
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Nigeria, China to Deepen Trade Ties at 2025 China Commodities Expo in Lagos
Nigeria and China are set to boost trade relations through the 2025 China Commodities Expo-Nigeria, expected to host over 250 Chinese manufacturers and more than 5,000 business representatives in Lagos. …
- BuildingDevelopmentEnvironmentGOVERNMENTInfrastructureNigeriaReal Estate
Lagos Government Sets 7am to 6pm Working Hours for Construction Sites, Warns Against Violations
The Lagos State Government has officially restricted working hours on all building construction sites across the state to between 7am and 6pm, Mondays to Saturdays, as part of efforts to …
- BusinessBusiness InsightsDangote IndustriesEconomyEnergyFinance & ServicesGOVERNMENTInfrastructureNigeriaOil & GasPolitics
Modular Refiners Kick Against Exclusion from FG’s Naira-for-Crude Deal Talks
The Crude Oil Refiners Association of Nigeria (CORAN) has raised alarm over what it called the continued exclusion of modular and smaller local refineries from the Federal Government’s ongoing discussions …