Nigeria Stock Market Falls After CBN MPC Meeting
Nigerian stock market declined 0.49% Wednesday as investors reacted to CBN's decision to maintain 27% MPR. Market capitalization lost N444 billion. Read full analysis.
Category : Search result: Nigeria poverty rate
CBN Retains 27% Interest Rate to Combat Inflation
Nigeria's Central Bank maintains Monetary Policy Rate at 27% to stabilize prices. MPC keeps tight monetary stance as inflation shows signs of easing. Full details inside.
CBN Retains MPR at 27%, Delays Loan Rate Cuts
Nigeria's Central Bank maintains 27% interest rate to fight inflation. Businesses and borrowers face continued high loan costs as monetary tightening persists. Learn what this means for you.
CBN: Economy Improving But More Work Needed
CBN Deputy Governor Emem Usoro reports inflation at 16.05%, naira below ₦1500/$ but says Nigerians yet to feel relief. Calls for fiscal-monetary policy alignment.
Council Chief Seeks Better Awareness on Poverty Programs
Igalamela/Odolu Council Chairman Cosmos Ataboh urges CSOs to intensify awareness campaigns about government poverty alleviation programs in Kogi communities.
LAPO Donates Lab Equipment, Books to Schools
LAPO empowers Nigerian students through educational support, scholarships, and science competitions to combat poverty and improve learning standards nationwide.
New Humanitarian Minister Begins Restoration Mandate
Dr. Bernard M. Doro assumes leadership of Nigeria's Humanitarian Ministry, pledging transparency and accountability to address poverty affecting over 60% of Nigerians.
Naira Recovers Against Dollar as FX Reserves Soar
Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.
Naira falls to N1,454/$ despite $46.7bn FX reserves
Naira declines against US dollar despite Nigeria's foreign reserves reaching $46.7bn, a seven-year high. CBN Governor confirms economic improvements amid inflation slowdown. Read more.
Nigeria's FX inflows fall to $672m despite naira strength
Nigeria's foreign exchange inflows dropped to $672.30 million despite naira strengthening in both official and parallel markets. Foreign portfolio investors remain key dollar suppliers as analysts warn of speculative risks.
Nigeria's Inflation Falls to 16.05% in October
Nigeria's inflation rate declines to 16.05% in October 2025, marking the seventh consecutive monthly drop. Food inflation shows significant improvement year-on-year.
Garri Price Crashes 52% as Nigeria Inflation Falls
Nigerians celebrate as garri prices drop over 50% following cassava abundance. Inflation falls to 16.05%, nearing Tinubu's 2025 target. Read market details and expert analysis.
Nigeria's Inflation Falls to 16.05% in October
Nigeria's inflation rate declines to 16.05% in October 2025, marking the seventh consecutive month of decrease. Food inflation shows significant improvement while urban areas face slight pressure.
Inflation Falls to 16.05% Amid Food Price Drop
Nigeria's inflation rate declines to 16.05% in October 2025 as food prices drop and naira strengthens. Farmers lament crashing prices while government nears 15% target.
244,000 Sokoto Residents Get Federal Financial Aid
Over 244,000 residents across Sokoto State's 244 wards will benefit from Federal Government's cash intervention program starting January. Governor Aliyu confirms equitable distribution.
Inflation falls to 16.05% in October 2025
Nigeria's inflation rate drops to 16.05% in October 2025, marking the lowest level since 2017. Discover how food prices and policy changes are driving this positive trend.
Nigeria's Inflation Falls to 16.05% in October
Nigeria's inflation rate declines to 16.05% in October 2025, marking seventh consecutive month of decrease. Food prices show moderation. Read latest economic update.
Expert: Nigeria must break systemic poverty barriers
Economic experts warn Nigeria must reform its power sector, strengthen capital markets, and overhaul institutions to escape systemic poverty and achieve prosperity.
CBN Rate Hikes Boost Fixed Income Demand in Nigeria
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
Bauchi SUBEB, New Globe Partner on Tech-Driven Education
Bauchi State SUBEB and New Globe are partnering to deploy 360-degree technology solutions to combat educational poverty, reduce out-of-school children, and improve learning outcomes across the state.
Naira gains as external reserves reach $43.4 billion
Nigeria's naira recovers against USD, trading at N1441 after external reserves surge to $43.4bn. Market sentiment improves as blocked funds decline. Read latest FX updates.
Anambra 2025: Vote-Buying Reaches ₦30,000
Anambra's 2025 elections exposed alarming vote-buying patterns with prices reaching ₦30,000. Analysis reveals how poverty and political strategy fuel Nigeria's electoral market. Learn the shocking details.
Gospel Singer's Humiliating Experience With Wealthy Boss
Nigerian gospel artist Opeyemi Babalola shares how his wealthy employer made him remove shoes in car, sparking his vow against poverty. Read this inspiring story of transformation.
Man: Don't Marry for Love If You're Poor
A Nigerian man's viral advice urges people from poor backgrounds to view marriage strategically, not just emotionally. His statement sparks major online debate.
Nigeria's Electricity Customers Rise to 11.96 Million
Nigeria's active electricity customers increased to 11.96 million in August 2025, with a metering rate of 55.01%. Discover the latest NERC data and which DisCos are leading.
Naira Exchange Rate Stable Amid FX Reserve Growth
Nigerian naira shows minimal movement across forex markets as external reserves reach $43.34 billion. Expert analysis reveals stability outlook amid fluctuating dollar supply.
NAZAS Distributes ₦174M Zakat to 1,200 Beneficiaries
The Nasfat Agency for Zakat and Sadaqat disbursed ₦174 million to 1,200 beneficiaries across Nigeria, urging Muslims to embrace zakat for poverty alleviation and economic empowerment.
Poor Nigerian Women Better Off Single Than Marrying Poor - Media Personality
Popular media figure Chioma Amaryllis Ahaghotu's controversial relationship advice for financially struggling Nigerian women has ignited social media discussions about marriage, poverty, and survival strategies in today's economy.
Naira Falls Again: Loses Ground Against US Dollar
The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.
US-Nigeria Rift May Widen Poverty - Economist
Renowned economist Professor Godwin Owoh warns that deteriorating relations with the United States could have devastating consequences for Nigeria's economy, potentially pushing millions into poverty and stalling development.
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