The Debt Management Office (DMO) has opened subscriptions for the Federal Government of Nigeria (FGN) Savings Bonds for 2026, offering investors an interest rate of 15.39 per cent per annum. It made the announcement in a notification released on Monday, December 12. The January 2026 issuance rates are higher than those offered in December 2025, …
Civil society organisations (CSOs) have criticised the Lagos State Government over what they described as the violent demolition of homes in the Makoko waterfront community. The Centre for Children’s Health Education, Orientation and Protection (CEEHOPE) Nigeria, the Health of Mother Earth Foundation (HOMEF), and Corporate Accountability and Public Participation Africa (CAPPA) expressed their condemnation in …
Nigeria’s banking sector is approaching a decisive moment with just 77 days to the March 31, 2026, recapitalisation deadline. So far, about 22 licensed banks, approximately 65 per cent of the total, have confirmed full compliance with the Central Bank of Nigeria’s (CBN) minimum capital requirements. Tier-1 lenders make up the bulk of banks that …
Nigeria’s headline inflation is expected to surge to 31.92 per cent in December 2025, according to United Capital Research. The financial services advisory firm made the projection in its ‘Inflation Watch’ report released on Monday, January 12. The report indicated that the expected surge in headline inflation is expected to be driven largely by statistical …
The Economic and Financial Crimes Commission (EFCC) has denied claims that the ongoing investigation of former Attorney-General of the Federation (AGF) and Minister of Justice Abubakar Malami is politically motivated. The EFCC Chairman, Ola Olukoyede, said the agency operates professionally, handling cases without regard to political affiliation. He also revealed that he personally edited Malami’s …
Here are key economic events to watch this week, from January 12 to 16, 2026, in Nigeria and around the world. 12th National Economic Outlook Conference Nigeria’s key economic event for the week of January 12–16, 2026, is the 12th National Economic Outlook Conference. It is organised by the Chartered Institute of Bankers of Nigeria …
His Majesty’s Attorney General for Jersey, Mark Temple KC, signed a Memorandum of Understanding (“MOU”) in December 2025 to facilitate the return of more than $9.5 million (N13.6 billion ) to the Government of Nigeria, providing additional resources for a critical infrastructure project. Jersey is the largest of the Channel Islands, located in the English Channel, …
President Donald Trump on Friday, January 9, met with executives from U.S. energy companies, including ExxonMobil, Chevron, and ConocoPhillips, to discuss a potential $100 billion investment in Venezuela’s oil and gas sector. The meeting followed the capture of Nicolás Maduro on January 3, 2026, by the U.S. special military force. According to a CBS News …
Nigeria’s electricity distribution companies (DisCos) recorded a total of ₦653.19 billion in losses in their revenue collections over 12 months. This is even as electricity billing rose by 12.9 per cent from ₦466.69 billion in the third quarter of 2024 to ₦706.61 billion in the same period of 2025. Quarterly reports released by the Nigerian …
In a bold policy paper, Dele Kelvin Oye, the Chairman of the Alliance for Economic Research and Ethics (AERE), has raised an alarm about Nigeria’s growing dependence on foreign powers, particularly the United States. He warns that if Nigeria does not adjust its approach to governance, the country could find itself in a position similar …
