Economy
Federal Housing Authority to Launch Nationwide Affordable Housing Projects in 2026
The Federal Housing Authority (FHA) has announced plans for large-scale construction and delivery of affordable houses across Nigeria in 2026, building on groundwork...
NBS to Normalise December 2025 Inflation Data Over Rebasing-Induced Spike
The National Bureau of Statistics (NBS) has announced plans to “normalise” Nigeria’s inflation data for December 2025 following projections of a sharp spike...
Eterna Plc Launches N21.5bn Rights Issue to Fund Strategic Expansion
Eterna Plc, a leading integrated energy company in Nigeria, has officially opened its Rights Issue, a major capital-raising exercise designed to strengthen its...
Universal Insurance Sets Digital Growth, Product Expansion as 2026 Priorities
Universal Insurance Plc has identified digital innovation and the expansion of its product offerings as key priorities for 2026, as it positions for...
Economic Uncertainty, Supply Chain Disruptions Stall Real Estate Projects – Report
A 2025 Nigeria Real Estate Report by Ubosi Eleh & Co. has identified economic uncertainty and persistent supply chain disruptions as major factors...
FG Allocates N6.04bn to Salaries for Dormant Ajaokuta Steel Company in 2026 Budget
The Federal Government has earmarked N6.04 billion for personnel costs at the Ajaokuta Steel Company Limited (ASCL) in the 2026 budget, despite the...
FG and TCN Advance Infrastructure Projects with Power Line Upgrade and Airport Overhaul Plans
The Federal Government and the Transmission Company of Nigeria (TCN) are advancing major infrastructure initiatives in the power and aviation sectors in 2026....
FG Reviews Tariff Policies to Boost Local Production, Protect Industries
The federal government has initiated a strategic review of Nigeria’s tariff policies to encourage local production, safeguard domestic industries, and reduce the cost...
FG Allocates N33.9bn for Nationwide Airport Upgrades, Safety Projects in 2026
The Federal Government has proposed a total of N33,906,953,400 for the rehabilitation and upgrade of airports across Nigeria in the 2026 fiscal year,...
Galaxy Backbone Shifts Focus from Infrastructure to Full Digital Solutions – Adeyanju
Galaxy Backbone is evolving from being a government-focused digital infrastructure provider into a full-fledged digital solutions company, its Managing Director/CEO, Prof. Ibrahim Adeyanju,...
