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Nigeria’s total public debt increased by N14.61 trillion in 2025, rising to N159.28 trillion as of December 31, according to the latest provisional data released by the Debt Management Office (DMO) on Wednesday. The figure represents a 10.1 percent year-on-year ...

Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC), has directed an immediate freeze on the assets of 13 newly- designated terrorism-linked entities, intensifying efforts to disrupt financial networks tied to insecurity. The directive, titled: “Commission’s sweeping compliance ...

The IMF in its April 2025 World Economic Outlook revised downwards Nigeria’s 2026 growth from 4.4 per cent which it projected in January this year to 4.1 per cent while growth is expected to rise to 4.3 per cent in ...

Energy experts have criticised the World Bank’s recommendation for Nigeria to deepen fuel importation and fully liberalise its downstream sector, calling the advice ill-timed, economically regressive, and in direct violation of the Petroleum Industry Act (PIA). An energy economist and ...

The Centre for the Promotion of Private Enterprise (CPPE), has advised that the federal government should strengthen its fiscal reforms and boldly encourage local production to sustain economic growth and development. The Center argued that no economy will thrive on ...

The Lagos State Government, alongside the World Bank and First City Monument Bank (FCMB), is driving the Human Capital Opportunities for Prosperity and Equity–Governance (HOPE-GOV) programme, a $500 million initiative aimed at strengthening the systems that underpin basic education and ...

Stakeholders in Nigeria’s agriculture sector have called for stronger coordination across the value chain to boost productivity and enhance food security. The call was made at the BusinessDay Future of Agriculture Conference held in Lagos, where participants examined challenges affecting ...

The Alternative Bank (‘AltBank’) is making a major push into electric vehicle (EV) financing, positioning the sector as a key growth opportunity as it seeks to bring Nigeria’s largely informal transport market into the formal financial system. The Bank said ...

Nigeria’s economy is expected to maintain a steady growth path in the first half of 2026, even as global tensions triggered by the Iran war ripple through energy markets and domestic prices, the World Bank said on Tuesday. The Bank ...

Fortis Global Insurance Plc and nine others emerged as top best-performing Nigerian stocks in the first quarter of 2026. Fortis Global Insurance top the best-performing Nigerian stocks in Q1 after resuming trading on the NGX in February following a six-year ...