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Housing starts fell 5.2% to 1.221m while pending home sales dropped to record low amid high mortgage rates.

Comptroller-General Bashir Adeniyi wants 2024 import duty concessions worth N1.68 trillion reviewed, warning that poorly targeted waivers deprive government of revenue as Customs targets N11.07 trillion in 2026.

FAAC distributed N2.4 trillion among Nigeria's three tiers of government in October 2026, up 4 per cent month-on-month, as statutory revenue rose 7 per cent and the 13% derivation fund jumped 28 per cent.

The Finance Ministry says the World Bank's finding that debt interest reached 124% of federal revenue in H1 2026 excludes unremitted agency revenue and counts state loans, arguing the full-year ratio fell below 60% in 2025.

Settlement agreements signed in Abuja end the long-running MM2 dispute: Bi-Courtney waives N132 billion in damages, the government writes off arrears and restores the hotel project, and regional flights are permitted within terminal capacity.

Nigeria produced 402.86 million barrels of crude worth about N52.12 trillion between January and September 2026, a gross value lifted by conflict-driven Bonny Light prices rather than by hitting budget production targets.

The US dollar retreated from multi-month highs as concerns about artificial intelligence capital expenditure and credit stress in technology infrastructure pushed Treasury yields lower and softened the Dollar Index toward 101.80.

Gold climbed above $4,180 an ounce on Monday as Federal Reserve Chair Kevin Warsh struck a softer tone on rates and a global equity selloff driven by AI-spending concerns pushed investors toward safe havens.

Nigeria's federal government guarantees and other contingent liabilities have climbed to N7.84 trillion, with about N2.74 trillion of that exposure tied up as collateral under a $1.5 billion Total Return Swap.

Nigeria's Debt Management Office on Monday launched a N1.75 trillion bond auction, the first of three fourth-quarter offers, after federal allotments more than doubled to N7.15 trillion in the first nine months of 2026.

The Major Energies Marketers Association of Nigeria has rejected the federal government's proposed N1,350 per litre ceiling on petrol ex-gantry and landing costs, arguing that arbitrary price caps distort competition without fixing supply bottlenecks.

The Federal Government has commissioned the first site of the Nigeria Universal Communication Access Project in Bende, Abia State, kicking off a nationwide rollout of 3,700 towers intended to connect nearly 20 million unserved Nigerians.

The Federal Government has unveiled the gazetted Nigerian Ports Economic Regulatory Agency Act 2026, directing the immediate constitution of a committee to transition the Nigerian Shippers' Council into an independent regulator of port tariffs, competition and service standards.

The Federal High Court in Lagos has ruled in favour of UBA in its N156.03 billion debt recovery suit against Stallion Group and the Vaswani brothers, upholding the bank's mortgage security, the liability of guarantors and its receiver/manager.

The Federal Government has begun construction of a 17.7MW interconnected solar mini-grid in Ibadan under the DARES programme, targeting 20 hours of daily supply and 22,597 connections across five communities.

A broad selloff in technology shares dragged the Nasdaq to its worst week since late June, while Brent crude surged on Middle East supply risks.

Nigeria's agriculture sector grew 4.39% in the second quarter of 2026, its strongest momentum since 2021, the Federal Government said at World Food Day.

The dollar index held near 102.07 and headed for its first weekly decline since mid-September as the 10-year Treasury yield fell about 15 basis points and the euro recovered from a 17-month low.

Spot gold rose about 0.4 per cent to near $4,187 an ounce, helped by a softer dollar and a sharp fall in Treasury yields, even as hot US producer prices kept Fed rate-hike bets alive and capped the metal near $4,235.

The Federal Government, the European Union and the European Bank for Reconstruction and Development signed a €14 million grant in Abuja to fund preparation of a planned 90,000-kilometre national fibre-optic backbone, though the money covers design and capacity building, not deployment.

The Federation Account Allocation Committee distributed N2.428 trillion to the Federal Government, states and local councils from N3.913 trillion gross revenue for September 2026, with Value Added Tax emerging as the states' single largest allocation source.

The Debt Management Office reported that the Federal Government spent N5.28 trillion servicing domestic debt between January and June 2026, with interest and rentals accounting for N4.95 trillion, spotlighting the cost of a borrowing strategy weighted towards short-dated securities.

The three tiers of government shared N2.428 trillion for September 2026, up N90 billion from August, as gross statutory revenue rose 8.6% on higher oil receipts while VAT collections fell 2.2%.

The Federal Ministry of Agriculture and the FAO begin World Food Day 2026 activities under the theme Innovate Today, Nourish Tomorrow, spotlighting innovation in Nigeria's food system.

The Federal Government's WHEAT-NESS programme targets value chain development, MSME support and a dedicated fund as annual wheat consumption and imports hit six to seven million metric tonnes.

US consumer prices rose 3.7 per cent year on year in September, above expectations, jolting global markets and lifting bets that the Federal Reserve may raise rates.

The Central Bank of Nigeria and the Federal Ministry of Finance have placed single-digit inflation at the centre of Nigeria's medium-term strategy, with Finance Minister Taiwo Oyedele estimating that achieving it would save more than $10 billion on 2026 figures.

Federal interest payments consumed 124.2% of federal revenue in the first half of 2026, a stark illustration of how debt service is squeezing out investment.

The Nigeria Labour Congress has given the federal government two weeks to address petrol prices and the minimum wage, warning of industrial action.

The federal government has rolled out a 30-day petrol discount at NNPC stations, a temporary measure to ease household costs amid lingering reform pressures.

The Federal High Court dismissed the airline's attempt to block summons issued after passenger complaints about cancelled flights and unpaid refunds.