Category: Economy

Nigeria’s net domestic credit drops 6.9% to ₦109.4trn

Nigeria’s Net Domestic Credit has dropped by 6.9 per cent Year-on-Year in January 2026 to...

Nigeria’s balance of payment surplus drops 38% to $4.23bn

Nigeria’s external sector faced significant headwinds in 2025, as the country’s overall Balance of Payments...

China’s economy starts 2026 strongly amid US-Israel-Iran war risks

China’s economy kicked off 2026 on a stronger note, with factory output accelerating and gains...

NGX, SEC review free-float rules to boost market liquidity

Nigerian regulators are reviewing free-float requirements for listed companies to boost liquidity, deepen the equity...

JUST IN: Nigeria’s inflation eases slightly to 15.06% in February

Nigeria’s headline inflation rate moderated marginally to 15.06 per cent in February 2026, down from...

Subsidy removal pushes Nigeria’s poverty rate to 63% — Report

About 63 per cent of Nigerians fell below the poverty line after the removal of...

Nigeria’s economy strong against Middle Eastern tensions — Cardoso

Central Bank Governor Olayemi Cardoso has assured that Nigeria’s ongoing macroeconomic reforms have fortified the...

Net forex inflow drops 18.3% to $61.29bn in 11 months

Net foreign exchange inflow into the Nigerian economy declined by 18.3 per cent year-on-year to...

Nigeria’s food import bill hits N7.65tn in 2025

Nigeria’s expenditure on imported food and beverage products rose sharply to N7.65 trillion in 2025,...

Invest in children or risk $1tn economy dream, W’Bank warns Nigeria

Nigeria’s ambition to build a $1tn economy by 2050 could be undermined if the country...

BREAKING: CBN slashes interest rate to 26.5%

The Monetary Policy Committee of the Central Bank of Nigeria has reduced the benchmark Monetary...

Nigeria tops Africa stock markets with 34.4% dollar gains

Nigeria is officially the best-performing stock market in Africa right now, riding on the back...