NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

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Infrastructure

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Nigerian govt approves $2.99bn for rails spanning Lagos, Kano, Kaduna

Infrastructure

Nigerian govt approves $2.99bn for rails spanning Lagos, Kano, Kaduna

May 1, 2026 • By Stella Odiche

THE Federal Executive Council (FEC) has given the green light to a $2.99 billion package of rail projects spanning Lagos, Kano, and Kaduna, in what officials…