Nigeria's Money Supply Jumps to N117.8 Trillion
Nigeria's money supply surged by 75.9% to N117.78 trillion in two years, CBN data reveals. Experts warn this could trigger inflation if it outpaces economic productivity.
Nigeria's money supply surged by 75.9% to N117.78 trillion in two years, CBN data reveals. Experts warn this could trigger inflation if it outpaces economic productivity.
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.
Major Nigerian filling stations slash petrol prices below NNPC rates as imports surge. Discover how this impacts consumers and market competition.
Asian stocks climbed as renewed US interest rate cut expectations calmed markets after a turbulent week driven by AI bubble fears. Key inflation data due this week.
US holiday spending expected to reach $1 trillion despite inflation concerns. Online sales surge 5.3% as AI transforms shopping habits. Read more about this economic paradox.
Economic experts advise the Nigerian government to reduce the Monetary Policy Rate and maintain policy consistency to stimulate investment and boost sustainable growth.
IMPI reveals Nigeria's PMI expansion for 11 months straight has driven inflation down to 16.05%. Think tank maintains 14% year-end projection and expects MPC rate cut. Read full analysis.
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.
LCCI Director General Dr Chinyere Almona expresses concern over Nigeria's persistent food inflation despite cooling headline rates. Urgent government action needed to improve food security.
Nigeria's housing sector faces severe inflation challenges. Discover how professional valuation helps investors navigate risks in Lagos, Abuja, and Port Harcourt markets. Learn key strategies.
Comprehensive analysis of Nigeria's economic challenges including inflation, unemployment, and corruption with expert solutions for sustainable growth and development.
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.
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 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.
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.
Dangote Petroleum Refinery asserts responsibility for recent petrol pump price reduction, citing gantry price cuts independent of government tariff reversal. Read full details.
NNPC has reduced petrol prices across Nigeria, offering relief to motorists. Dangote Refinery clarifies the reason behind the price adjustment. Read for full details and state-by-state breakdown.
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 rate declines to 16.05% in October 2025, marking seventh consecutive month of decrease. Food prices show moderation. Read latest economic update.
The EU has revised its 2026 eurozone growth forecast down to 1.2% due to global trade tensions. Inflation is expected to fall below the ECB's target. Discover the full economic impact.
European Commission revises eurozone growth downward to 1.2% for 2026 as trade tensions persist. Inflation expected to rise to 1.9%. Stay informed on economic developments.
Bitcoin price crashes below $95,000, dropping 5% to a six-month low. Discover the key factors behind this crypto market plunge and what it means for Nigerian investors.
Venezuela faces return to hyperinflation with IMF projecting 548% inflation for 2025. Citizens struggle as bolivar collapses and US sanctions bite. Read full analysis.
Nigerians face higher cooking costs as Dangote Refinery hikes LPG price to N800/kg. Learn about market factors and government response to the increase.
AGRA's Food Security Monitor reveals mixed food commodity prices in Africa. Maize prices ease in Nigeria & East Africa, while rice costs rise in coastal West Africa. Discover the full analysis.
Nigerian private depot owners engage in price war with Dangote Refinery, reducing diesel to N940/litre and petrol prices across major depots. Market competition intensifies.
The Nigerian government has suspended the controversial 15% import duty on petrol and diesel. Experts predict this decision will lead to a significant drop in fuel prices across Nigeria. Read more for full analysis.
Lagos State introduces 25% subsidy on rice, beans, garri and other essentials ahead of Christmas. Governor Sanwo-Olu's initiative aims to ease cost of living during festive season.
Dangote Petroleum Refinery has increased petrol prices by N32 per litre just days after a reduction, causing depot operators to follow suit. Learn how this impacts Nigeria's fuel market.
Dangote Refinery's N59 price slash forces filling stations to reduce petrol rates. MRS, AP, Heyden stations adjust pumps as marketers halt imports. Discover how this affects Nigeria's energy sector.