Nigeria’s debt interest payments surge 37.5% to N7.7trn in H1’26 — World Bank
Nigeria’s debt interest payments surged by 37.5 per cent to N7.7 trillion in the first half of 2026 from N5.6 trillion in the corresponding period of 2025.
Why NLNG abandoned Nigeria’s ship registry
Contrary to belief by some stakeholders that the Nigerian Liquefied Natural Gas, NLNG, prefers its vessels registered abroad, facts have emerged that the company which has a large fleet of ocean going ships, abandoned registration in Nigeria because of substandard registry.
Customs intercepts banned drugs at Lagos ports, rakes in N35bn in January
THE Apapa Command of the Nigeria Customs Service, NCS, said it intercepted four containers laden with banned and controlled drugs while a suspect was arrested in connection with the import.
Naira depreciates to N360.22/$ in I&E
The naira Tuesday depreciated for the first time this week to N360.22 per dollar in the Investors and Exporters (I&E) window of the foreign exchange market.
World Bank Group scores Nigeria agric sub-sector low
The World Bank Group on Tuesday in Abuja has said there is a need for governments to strengthen laws that govern the agricultural sector in the country.
FG to auction N100bn bonds on Feb. 21- DMO
The Federal Government has offered for subscription by auction N100 billion worth of bonds in its Feb. 21 auction, the Debt Management Office (DMO) said.
