The Debt Management Office (DMO) has opened subscriptions for the May 2026 FGN Savings Bond on behalf of the Federal Government of Nigeria, offering returns of up to 14.525 per cent to retail investors seeking safe and steady income. The debt office announced this in a circular on Monday, May 4, stating that the offer …
The Nigerian Railway Corporation (NRC) has raised concern over a surge in attacks targeting train operations along the Abuja–Kaduna rail corridor, warning that the incidents pose serious threats to passenger safety and national infrastructure. This follows a recent attack near kilometre 177 of the Abuja–Kaduna Highway, where suspected villagers reportedly gathered along the rail track …
The Nigerian stock market delivered a powerful performance in April 2026, with investors adding nearly ₦27 trillion in value in just one month as strong corporate earnings and a global energy shock drove widespread buying across key sectors. At the heart of the rally was a sharp rise in market capitalisation, which climbed from ₦129.21 …
The Centre for the Promotion of Private Enterprise (CPPE) has warned that increasing salaries alone will not improve the welfare of Nigerian workers, urging the government to focus on reducing the cost of living and fixing basic services. In a policy brief issued Thursday, CPPE Chief Executive Officer, Dr Muda Yusuf, said the current focus …
The Nigerian government can unlock a $74 billion livestock industry if it abandons failed state-led models like Ajaokuta and adopts a private sector-driven “catalyst model", Chairman of the Alliance for Economic Research and Ethics, Dele Kelvin Oye, has said. Speaking at the 2026 Vanguard Newspaper Annual Economic Conference on Wednesday, Oye warned that Nigeria risks …
Nigeria is facing a fresh wave of economic pressures despite recent reforms, as the International Monetary Fund warns of multiple risks that could slow growth and strain public finances in its latest Regional Economic Outlook for Sub-Saharan Africa. The report acknowledges that Nigeria made progress in 2025 through key reforms, but says the country now …
The Centre for the Promotion of Private Enterprise (CPPE) has warned that Nigeria’s progress in slowing inflation is under serious threat, as rising energy, food and transport costs begin to push prices up again, putting more pressure on households and businesses. In its reaction to the March 2026 inflation report released by the National Bureau …
The Nigeria Economic Summit Group (NESG) has called on the National Assembly to urgently amend key economic laws, including the Nigeria Tax Act 2015, the Petroleum Industry Act (PIA), and the Electricity Act 2023, as part of efforts to strengthen Nigeria’s business environment and attract investment. The call followed the presentation of a policy brief …
The Nigerian Economic Summit Group (NESG) has cautioned the Federal Government against reversing fuel subsidy reforms, warning that such a move could destabilise the economy and undermine recent gains. Speaking during a media briefing on Friday, NESG Head of Research, Dr. Joseph Ogebe, described 2026 as a “make-or-break” year for Nigeria, stressing the urgency of …
Nigeria must urgently accelerate privatisation, unlock private capital through public markets, and rethink how it finances infrastructure if it is to overcome its fiscal constraints and deliver sustainable growth. The Chief Executive Officer of Chapel Hill Denham, Bolaji Balogun, said in an interview with Proshare on the theme: ‘Infrastructure, Fiscal Space, and Capital Market Funding.’ …
