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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Nigerian fixed income market closes week strong as yields drop across T-bills, bonds, and Eurobonds
Nigeria’s fixed income market ended the week on a bullish note, as yields dropped across the Treasury bills, local bonds, and Eurobond markets. This was revealed in a fresh market …
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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 …
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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 …
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Tinubu Approves New Procurement Thresholds to Reduce Delays, Reflect Inflation
The Federal Government has introduced new procurement thresholds for public contracts in Ministries, Departments, and Agencies (MDAs), aiming to reduce bureaucratic delays and align processes with Nigeria’s current economic realities. …
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Nigeria’s Inflation Rate Drops Slightly to 23.71% in April, But Many States Still Struggling
Nigeria’s inflation rate dropped slightly to 23.71 per cent in April 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS). This …
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Ghana’s Cedi Becomes West Africa’s Strongest Currency in 2025
Ghana’s national currency, the cedi, has made a strong comeback in 2025, emerging as the best-performing currency in West Africa and gaining recognition globally. This improvement in the cedi’s value …
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Nigerian Airlines Struggle to Compete in N8 Trillion International Market Due to Low Capacity
Nigerian airlines are currently missing out on a major opportunity to earn revenue from the international air travel market, which is estimated to be worth over N8 trillion. The main …
- DevelopmentGOVERNMENTInfrastructureMarketsPoliciesReal Estate
Lagos Moves to Tackle High Rent, Housing Shortage With Monthly Payment Plan
The Lagos State Government has stepped up efforts to tackle the rising housing crisis across the state, especially as many low- and middle-income earners continue to struggle with skyrocketing rents. …
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UK Government Praises Tinubu’s Reforms, Says Nigeria Now Attracting More British Investors
The United Kingdom has expressed strong support for Nigeria’s economic direction under President Bola Ahmed Tinubu, saying that the reforms introduced by his government are building investor confidence and positioning …