President Bola Tinubu has approved the cancellation of $1.42 billion in legacy debts owed by NNPC Ltd to the Federation Account. Learn the details and implications of this major financial decision.
An in-depth analysis of how systemic corruption, ballooning debt, and insecurity have turned Nigeria into a nation exploited by its leaders. Read why calls for change grow louder.
SEC DG Dr. Emomotimi Agama reveals Nigerian firms raised over ₦753bn in commercial papers from April to October 2025, signaling strong investor confidence and market resilience. Discover the key drivers and future outlook.
Nigeria's 36 states and FCT saw domestic debt rise to N3.96tn in Q2 2025. Experts warn of a structural crisis as debt servicing eats into funds for health and education. Read the full analysis.
Nigerian stock market closed bullish on Christmas Eve, with investors gaining over N228 billion. Market capitalisation hit N97.89 trillion as ASI rose. Full details inside.
Trading activity on the FMDQ Securities Exchange contracted sharply in November 2025. Total secondary market turnover fell by 24.22% month-on-month to N54.64 trillion. Read the full analysis.
LCCI warns Nigeria's N15.52 trillion debt service allocation threatens economic stability. DG Chinyere Almona calls for stricter borrowing, revenue mobilisation. Read the full analysis.
Nigeria's power crisis deepens as grid output averages 3,000MW, far below 13,625MW capacity. Experts blame N4 trillion debt and poor remittance, leaving many in darkness this Christmas. Read the full analysis.
Nigeria's debt burden deepens as 45.2% of Q2 2025 revenue goes to servicing external loans. Experts warn of fiscal risks and crowding out of critical spending. Read the full analysis.
Nigeria's debt market surged in Nov 2025 with DMO selling N1.6tn in T-bills. FGN Bonds & OMO Bills saw massive oversubscription as the Naira appreciated. Full market analysis inside.
A major fire has gutted sections of Jos Main Market, destroying goods worth millions of naira. Authorities are investigating the cause. Read the latest details and the market's history with fires.
Nigeria's external debt service consumed 45.2% of Q2 2025 revenue, as total public debt stock rises to N152.40 trillion. Experts warn of exchange-rate risks and financing conditions.
The Nigerian stock market surged again, adding N579 billion to investor wealth. The All-Share Index rose 0.59% to 153,354.14 points. Discover the top gainers and trading activity.
A review of the Nigerian stock market in 2025 reveals 40 listed companies doubled investors' wealth, with 11 stocks soaring over 200%. Discover the top performers and the outlook for 2026.
The Debt Management Office urges state governments to strictly comply with borrowing laws to avoid loan approval delays. Learn the key guidelines for responsible debt management.
The Nigerian stock market surged by N256 billion on Monday, with the All-Share Index rising to 152,459.07 points. Analysts see continued gains driven by strong fundamentals. Read the full market analysis.
The African Democratic Congress (ADC) criticizes Tinubu's 2026 budget proposal, calling it fiscally reckless and a debt trap that mortgages Nigeria's future. Read their full analysis.
Telefonica announces a massive voluntary departure plan affecting 5,500 employees in Spain, costing €2.5 billion. The move is part of a new strategic focus. Read more.
Nigeria's Supreme Court has delivered a final judgment in a two-decade debt dispute, ruling in favour of Fidelity Bank. The court set key terms for the N30 billion repayment. Read the full details.
A Nigerian lady's hilarious encounter with a fake prophet at Tejuosho Market goes viral. She shut down his false prophecy about her late father, sparking reactions and similar stories online.
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.
The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.
Nigeria's electricity supply plummets due to gas constraints and a massive N6 trillion debt owed to power generation companies. Find out why the grid remains unstable.
The Federal Government plans a N1.23 trillion bond to clear debts owed to power generation companies and restore liquidity in the electricity market. Read more.
The Debt Management Office has urged state governments to strictly adhere to the Fiscal Responsibility Act when borrowing. DMO DG Patience Oniha says compliance is non-negotiable for sustainable public finance. Read more.
The House of Representatives Public Accounts Committee has summoned IBEDC, BEDC, and PHEDC over an alleged N100 billion debt. The companies have 72 hours to appear or face sanctions. Read more.
Labour Party warns Governor Dapo Abiodun against borrowing to fund Ogun's 2026 budget, threatens court action. Details on the N518.9bn debt plan and political showdown.
The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.
A 35-year-old construction worker, Joshua, is in police custody after allegedly stabbing his supervisor into a coma over a N10,000 payment dispute in Ikwerre LGA. The victim is hospitalized, calling for justice.