Nigeria's Debt Numbers Are Under Scrutiny. Here's What We Know.

For US farm, ranch and small business owners.

Airlines hedge fuel. Food companies hedge crops. For decades, protecting a business from outcomes it can't control took a broker, a trading desk and an order size most owners never had.

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A California goat herder and a Maryland tea company already do it, and CNBC, Reuters and The New York Times have covered businesses hedging on Kalshi.

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The Sokoto State Government has approved ₦10.96 billion for road construction and drainage works in Sokoto metropolis, alongside ₦7.84 billion for 200 solar-powered boreholes across the state’s 23 local government areas.

Rising material costs aren't the only challenge facing developers. Cash-flow gaps can be just as disruptive. Our research with Bujeti looks at the financial pressures behind construction delays and what they mean for the industry.

The Federal Government has challenged the World Bank’s assessment of Nigeria’s debt-servicing burden, arguing that the reported interest-to-revenue ratio for the first half of 2026 does not accurately reflect the country’s fiscal position.

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Nigeria’s Federal Government has ruled out restoring petrol subsidies, reaffirming its commitment to economic reforms as it seeks to attract investment, lower borrowing costs and accelerate economic growth.

The Tertiary Education Trust Fund (TETFund) has unveiled 13 projects at the Federal University of Health Sciences, Azare (FUHSA), in Bauchi State, as it steps up investment in medical education, research facilities and healthcare workforce development.

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The Lagos Waste Management Authority (LAWMA) has deployed 25 trucks for emergency waste evacuation in Oshodi following a buildup of refuse, as population growth, inadequate waste containers and rising collection costs put pressure on sanitation services.

The Lagos Commodities and Futures Exchange (LCFE) has secured a licence from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to facilitate trading and clearing of petroleum liquids, as it seeks to improve price transparency and strengthen competition in Nigeria’s petroleum market.