The Nigerian Debt Management Office (DMO) has announced plans to offer N800 billion in federal government bonds at N1,000 per unit, marking one of the highest-yielding bond sales in recent years. The DMO revealed the offer in a social media post on Tuesday, detailing three separate bond issues. According to the debt office, the offers …
Nigeria’s headline inflation rate fell slightly to 15.1 per cent in January 2026 from 15.15 per cent in December 2025, according to the National Bureau of Statistics (NBS). In its Consumer Price Index (CPI) report released on Monday, the agency said inflation declined by 0.05 percentage points compared to December. On a year-on-year basis, inflation …
The federal government has dismissed as false a viral video claiming that Nigeria’s new tax laws will only commence in 2027 and that a 25 per cent tax has been imposed on funds meant for building materials and other transactions. This was contained in a separate clarification by the Presidential Fiscal Policy and Tax Reforms …
Nigeria recorded a sharp rebound in foreign capital inflows in the third quarter of 2025, with total capital importation rising to $6.01 billion, a 380.16 per cent jump from the $1.25 billion posted in the same period of 2024. This is according to a review of the Nigeria Capital Importation report for the third quarter …
The Bank of Industry (BOI) announced on February 9 that it has secured regulatory approval from the Central Bank of Nigeria to operate a Non-Interest Banking (NIB) Window. The announcement, however, has since sparked a wave of reactions from Nigerians. According to BOI, the NIB window will expand access to ethical, asset-backed, interest-free financing designed …
Employee corruption and occupational fraud are costing Nigeria’s Micro, Small and Medium Enterprises (MSMEs) between ₦5 trillion and ₦10 trillion annually, according to the Centre for the Promotion of Private Enterprise (CPPE). The organisation said this in a policy brief released by its Chief Executive Officer, Muda Yusuf, on Sunday. It described employee corruption and …
The Federal Government has said 2026 will signal the full rollout of the Nigeria First policy, moving the initiative from the planning stage to concrete, measurable implementation. This was disclosed by the Federal Ministry of Industry, Trade and Investment (FMITI) in its 2026 Outlook Summary. It said it will focus on practical measures to prioritise …
The Central Bank of Nigeria (CBN) has announced new penalties for banks and cheque printers that fail to follow cheque standards, declaring that offenders could face fines of up to ₦20 million. The new rules were shared in a circular sent on Thursday to deposit money banks (DMBs), cheque printers, and personalisers, according to a …
The Securities and Exchange Commission (SEC) said it is collaborating with the National Orientation Agency (NOA) to intensify public enlightenment campaigns against illegal investment schemes. SEC's Director General, Emomotimi Agama, made this known during a meeting with the NOA Director General, Mallam Lanre Issa-Onilu, in Abuja on Thursday. He lamented that the growing prevalence of …
At least five major capital projects in Lagos State’s budget, collectively valued at over ₦3.7 billion, recorded a performance of less than 20 per cent. Similarly, several projects posted zero execution, even as audit findings revealed ₦326.2 million in financial and administrative discrepancies across ministries and agencies. The revelation is contained in the Lagos State …
