FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.
Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.
Africa attracts $53 billion in FDI, fueled by its natural resources, youthful market, green energy projects, and growing digital economy despite global challenges.
Nigeria's largest local investment, the Dangote Refinery and Petrochemical Plant, faces significant challenges, but promises economic growth and job creation.
Nigeria's oil production is poised for a significant boost with the commencement of operations at Oil Mining Lease (OML) 13 in Akwa Ibom State. The project, a collaboration between the state-owned Nigerian National Petroleum Company (NNPC) and its partners, marks a promising development for the country's energy sector.
The Federal Government of Nigeria launches the Labor Employment and Empowerment Programme (LEEP), targeting the creation of 2.5 million jobs in an effort to reduce poverty and promote economic growth.
FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.
Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.