Nigeria’s Debt Management Office (DMO) has raised ₦524.28 billion at its February 2026 Federal Government bond auction, falling short of its ₦800 billion offer despite overwhelming investor demand. DMO revealed this in its report on the summary of FBN bond auction results for February 2026, released on Tuesday, February 24. A review of the results …
... Signs $14bn MOU with 42 companies For six years, Kebbi State counted its losses in silence. Before the festival’s suspension in 2020, the Argungu Fishing Festival drew between 30,000 and 50,000 visitors per edition. Hotels filled up weeks in advance. Traders recorded their best annual sales in four days. Transporters doubled fares and …
A new report by the National Bureau of Statistics (NBS) has exposed the scale of gender inequality embedded in how time is spent across Nigerian households. The report reveals that women devote five times more hours than men to unpaid domestic and care work, a burden analysts say is constraining economic growth and distorting national income …
Nigeria’s net foreign exchange inflow declined by 18.3 per cent year-on-year to $48.1 billion in the nine months ended September 2025, reflecting weaker capital inflows and persistent pressure on foreign exchange supply. Central Bank of Nigeria (CBN) data showed that the decline was largely driven by a sharper 15 per cent drop in total foreign …
Kaduna, Edo, Katsina, Sokoto and Lagos emerged as the five Nigerian states with the sharpest rise in public debt over the past decade, according to a review of BudgIT’s latest ‘State of States’ report. An analysis by Pinnacle Daily shows that the debt profiles of these states expanded rapidly between 2015 and 2024, reflecting widening …
Many roads across Nigeria, including federal highways, remain in poor condition despite trillions of naira allocated each year for road projects. These roads are meant to link regions, support trade, and drive economic activity, but years of neglect have made travel difficult, unsafe, and costly. In a post shared on his X handle on December …
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has reported stronger-than-expected revenue for the fourth quarter, driven by surging demand for artificial intelligence-related chips. The company said revenue for the October–December period rose 20.45 per cent year-on-year to T$1.046 trillion (about $33.04 billion), up from T$868.46 billion recorded in the same period last …
No fewer than eight African countries are currently studying Nigeria’s data protection ecosystem. The move follows Nigeria’s growing influence in data privacy regulation across the continent. The Nigeria Data Protection Commission (NDPC) has received delegations from several African nations. The visits focus on regulatory experience, institutional frameworks, and practical lessons for running effective data protection …
In December 2025, the United States government announced new visa restrictions affecting Nigerian nationals, introducing partial travel limits and heightened scrutiny for several visa categories. The move is part of a broader Trump administration immigration policy shift that expands travel restrictions to multiple countries, including Nigeria, amid cited security and compliance concerns. While U.S. officials …
For 15 years, Americans have been forced to chase crypto dreams offshore on exchanges with no real protections, where billions vanished in collapses like FTX. That era just ended. The U.S. Commodity Futures Trading Commission (CFTC) announced on Thursday, December 4, 2025, that spot cryptocurrency trading is now approved on federally regulated exchanges for the …
