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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.

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.

6 Everyday Struggles of the Nigerian Middle Class

KEY POINTS Rising living costs impact the middle class. Poor infrastructure hinders daily life. ...

Nigeria’s Cocoa Plants Struggle, Operating at Just 8% Capacity

Nigeria's cocoa processing plants struggle with infrastructure and financial challenges, operating at just 8% capacity. Efforts to revitalize the sector are underway.

Obasanjo Meets Southeast Governors: Focus on Regional Development

Former Nigerian President Obasanjo clarifies his meeting with Southeast governors, stating the focus was on regional development issues like security, infrastructure, and economic growth, not Nnamdi Kanu's release.

Nigerian Minister Defends Lagos-Calabar Highway Project

Nigerian Works Minister David Umahi defends the Lagos-Calabar Coastal Highway project, calling critics who question its funding and economic viability "unpatriotic." The project is expected to improve connectivity between Nigeria's economic hubs and boost national growth.

Lagos Slips to 5th Place Among Africa’s Wealthiest Cities

Lagos, Nigeria's economic powerhouse, has seen a decline in its ranking among Africa's wealthiest...

Tinubu Receives South-South Monarchs, Promises to Address Their Grievances

Nigeria’s President Bola Tinubu met with a delegation of traditional rulers from the South-South...

Senate Pushes for Modern Rail Line in Eastern Nigeria

The Nigerian Senate has urged the federal government to upgrade the Eastern Rail Line...

Lagos to Build Africa’s Second Longest Bridge by 2027

Lagos, Nigeria’s commercial capital, is set to construct a 38-kilometer-long bridge that will connect...

FEC Greenlights N2.17trn 2023 Supplementary Budget

The Federal Executive Council (FEC) approved a N2.17 trillion supplementary budget for 2023. This...

FEC Greenlights Ijora Workshop Concession, Eyes N28.1bn Boost

The Federal Executive Council (FEC) has endorsed a landmark concession, entrusting the Central Workshop...

EU Pledges €150 Billion for Nigeria and Africa’s Infrastructure Development by 2027

The European Union (EU) has announced a new initiative to boost infrastructure development in...

Latest articles

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.

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.

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.

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.