Economy

DMO raises ₦748.64bn in September domestic bond exercise

The Federal Government secured ₦748.64 billion at its September 2026 domestic bond auction, driven by robust investor demand across both the newly introduced 10-year...

Inflation drops to 15.39%: NBS

A significant slowdown in the pace of food price increases helped push Nigeria’s headline inflation rate down marginally to 15.39 per cent in August...

NBS data reveals 104% jump in Nigeria’s arms imports

Nigeria’s expenditure on imported arms and ammunition surged by 104.31 per cent during the first half of 2026, reaching ₦55.06 billion compared to ₦26.95...

NLC threatens strike in Abuja over teachers’ welfare dispute

The Nigeria Labour Congress (NLC) has threatened to shut down the Federal Capital Territory with an indefinite strike after issuing a seven-day ultimatum to...

FCT petrol stations prepare to adjust pump prices: IPMAN

The Independent Petroleum Marketers Association of Nigeria has said that filling stations across the Federal Capital Territory will begin reviewing petrol pump prices in...

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