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Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.
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Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.

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Nigeria Cuts Cooking Gas Imports As Local Plants Supply 87%

Nigeria produced 87 percent of its cooking gas in 2025 as local refineries cut imports and improved supply nationwide.
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FG Plans To Borrow ₦900bn In January As Debt Pressure Grows

Nigeria’s government plans to raise ₦900bn from bonds in January 2026, doubling last year’s borrowing amid rising debt pressure.
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Court Adjourns Trial of Anthony Joshua’s Driver to February 25

KEY POINTS The Sagamu Magistrate Court adjourned the trial of Adeniyi Kayode to allow...
Business

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across...
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FG Introduces Impact Challenge as 3MTT Expands

Nigeria’s government is introducing a new challenge to assess how digital skills training under 3MTT is translating into jobs, opportunities, and long-term economic impact
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Chief Imam of Ilorin Sheikh Muhammad Bashir Sali Dies at 75

KEY POINTS Sheikh Muhammad Bashir Saliu, Chief Imam of Ilorin, has died at the...
Business

Geregu Power Posts $29.5m Profit as Abdulaziz Yari Era Begins with Strong Results

KEY POINTS Geregu Power posted a pre tax profit of $29.53 million on revenue...
Business

Paystack Expands into Banking as Shola Akinlade Targets Nigeria’s $32bn Small Business Funding Gap

KEY POINTS Paystack has acquired and rebranded a microfinance bank to expand into lending...
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Katsina Plans To Free 70 Bandits, Sparks Outrage Across Nigeria

Katsina’s move to free 70 bandits sparks anger. Critics say it risks safety, justice, and encourages more criminal attacks.
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FCTA Workers Shut Abuja Offices, Demand Meeting With Minister Wike

FCTA and FCDA staff strike shuts Abuja offices. Workers demand Minister Wike resolve unpaid promotions and welfare issues.
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Nigeria Wastes 2,275MW of Electricity As Many Homes Stay Dark

Nigeria produces enough electricity, but poor power lines and gas problems stop much of it from reaching homes and businesses.
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Nigeria’s Economy Set To Soar: IMF Predicts 4.4% Growth In 2026

IMF forecasts Nigeria’s economy to grow 4.4% in 2026, highlighting reforms, energy prices, and fiscal stability.
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Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.
News

Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.
News

Nigeria brings home 1,230 citizens stranded in Niger

Nigeria's Federal Government brought home 1,230 stranded citizens from Niger in March 2026, completing the evacuation in two airlifts.
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OO Poly Aba launches EdTech and anti-drug drive

Ogbonnaya Onu Polytechnic Aba plans to introduce Educational Technology courses and partner with the National Drug Law Enforcement Agency to curb student substance abuse, Rector Christopher Okoro Kalu announced this week.

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