FG to repay over N1trn to bond investors in January
Nigeria will repay about ₦1.03 trillion to domestic bondholders on January 22, 2026, a large maturity that analysts warn could shape near-term market conditions and add pressure on the naira.
FMDA Research said nearly 40 percent of the bonds maturing this week are concentrated in the 12.50 percent FGN January 2026 bond, noting that the scale and concentration of the inflows could drive reinvestment into foreign exchange and other assets. The repayment comes against the backdrop of Nigeria’s expanding public debt, which stood at $94.2 billion as of December 2024, split almost evenly between domestic and external obligations.
Nigeria plans to double down on revenue mobilisation, cut borrowing – Wale Edun
Nigeria is shifting its fiscal strategy toward boosting revenue and reducing reliance on borrowing, as it consolidates recent economic reforms, Finance Minister Wale Edun said on Tuesday at the World Economic Forum in Davos.
Edun said the government will prioritise domestic resource mobilisation over debt financing, a push that follows reforms introduced about three years ago which helped lift tax revenues to ₦28 trillion in 2025, strengthening the country’s fiscal position.
Why naira will trade at N1,400–N1,500/$ band
The naira is expected to trade between N1,400 and N1,500 per dollar, supported by rising capital inflows, stronger diaspora remittances, and ongoing oil sector reforms, according to Tilewa Adebajo, CEO of CFG Advisory. He cautioned, however, that rising government deficits could threaten exchange rate stability if not properly managed.
On Monday, the naira closed at N1,420.28 per dollar in the official market, a 0.2 percent depreciation from Friday’s N1,417.95, while the parallel market held steady at N1,490, data from the Central Bank of Nigeria showed.
Seplat says ANOH Gas Project achieves first gas
Seplat Energy Plc has achieved first gas from its 300 MMscf/d ANOH project, with supplies to Indorama starting on January 16 after completion of the export pipeline and regulatory approval from the NUPRC.
The project, the first of seven critical gas developments identified by the Federal Government, boosts Seplat’s onshore gas processing capacity to over 850 MMscf/d and supports its 2030 production and decarbonisation targets.
Nigeria Infrastructure Debt Fund delivers record returns as cash flows swell
Nigeria’s first listed infrastructure debt fund posted record returns in 2025, as rising cash flows, expanding assets and resilient loan pricing strengthened its appeal to income-focused investors.
The Chapel Hill Denham–managed Nigeria Infrastructure Debt Fund grew assets to N137.79 billion and lifted its total return index to 415.19, consistently outperforming 10-year government bonds with loan yields priced 300–500 basis points above sovereign rates.
Court adjourns trial of Anthony Joshua’s driver Adeniyi Kayode to February 25
A Magistrate Court in Sagamu, Ogun State, has adjourned the trial of Adeniyi Kayode, the driver involved in the fatal Lexus SUV crash that claimed the lives of two of Anthony Joshua’s closest team members, to February 25, 2026.
Kayode appeared before the court on January 20, for the continuation of proceedings in the case arising from the tragic accident. He is facing four charges in connection with the incident, including dangerous driving causing death, reckless and negligent driving, driving without due care and attention, and driving without a valid national driver’s licence. He was granted N5 million bail, with two sureties.
What Nigeria can learn from India’s $30bn AI infrastructure push
India is making a $30 billion push to dominate global artificial intelligence by 2030, attracting massive investments from Microsoft, Google, Reliance Jio, and Tata. As the Asian giant builds sovereign cloud infrastructure and strengthens local AI capabilities, Nigeria’s reliance on foreign cloud providers puts it at risk of lagging in Africa’s fast-evolving digital economy.
Experts warn that countries investing in AI infrastructure today will shape tomorrow’s governance frameworks and capture the economic gains across sectors. India’s model demonstrates the strategic advantage of homegrown AI capabilities, offering Nigeria a potential blueprint to compete, innovate, and secure its place in the global tech landscape.
