CBN Predicts N950 Fuel Price for 2026
The Central Bank of Nigeria projects petrol prices will hover around N950 per litre in 2026, based on oil prices and forex. This is higher than current rates set by Dangote Refinery. Read the full analysis.
The Central Bank of Nigeria projects petrol prices will hover around N950 per litre in 2026, based on oil prices and forex. This is higher than current rates set by Dangote Refinery. Read the full analysis.
Former CBN Deputy Governor Tunde Lemo credits President Tinubu's tough reforms for stabilizing Nigeria's economy, citing falling inflation and improved forex stability. Read his full analysis.
Economist Bismarck Rewane warns Nigeria faces fiscal deficits from falling crude oil prices. He projects market growth but urges spending efficiency. Read his full analysis.
PwC Nigeria's Economic Outlook 2026 projects naira stability against the dollar, 4.49% GDP growth, and easing inflation. The report highlights ongoing reforms and persistent risks. Read the full analysis.
Iran's military chief warns of a robust response to threats from Trump and Netanyahu as internal protests over economic hardship continue. Get the latest details on the escalating tensions.
A new PwC report projects Nigeria's poverty rate will hit 62% in 2026, affecting 141 million citizens. The Presidency has dismissed the figures. Read the full analysis.
A new PwC report warns that 141 million Nigerians could be living in poverty by 2026. Learn the key factors driving this alarming projection and its implications for households.
Several people have been killed as cost-of-living protests in Iran turn violent, marking the country's most serious unrest in three years. Stay informed on the escalating crisis.
President Bola Tinubu declares 2026 as the beginning of a more robust economic phase for Nigeria, citing 2025 gains in GDP, inflation, and FDI. Read his full vision for the new year.
The Trade Union Congress warns that poverty and austerity policies are pushing workers to the brink. TUC President Festus Osifo demands urgent, people-centred government action.
As inflation, unemployment, and governance failures persist, Nigerians' daily worry becomes a survival mechanism. Explore the data and human cost, and discover how some are turning concern into action. Read the full analysis.
The Central Bank of Nigeria forecasts economic growth of 4.49% and inflation easing to 12.94% in 2026. Key drivers include oil output, reforms, and rising foreign reserves.
The Centre for the Promotion of Private Enterprise forecasts Nigeria's GDP growth between 4.0% and 4.5% in 2026, citing cautious optimism. Read the full economic outlook.
New York Fed President John Williams says recent US inflation data was distorted by a government shutdown and Black Friday sales, advising patience on further interest rate cuts. Get the full analysis.
A PwC Nigeria economist forecasts 4.2% economic growth for Nigeria in 2026, driven by reforms and key sectors, but warns of risks like insecurity and inflation. Read the full analysis.
The Bank of Japan has increased interest rates to a three-decade high of 0.75% to combat persistent inflation, partly driven by soaring rice prices. Get the full details on this major economic shift.
Asian markets closed higher as softer US inflation data fueled rate cut hopes. Micron's strong earnings eased tech bubble fears. The Bank of Japan's rate decision is key.
Dr. Muda Yusuf urges increased support for farmers with inputs like fertiliser and irrigation to make food affordable. While inflation is easing, prices remain high.
US consumer inflation slowed to 2.7% in November, below forecasts. The data, delayed by a government shutdown, shows easing price pressures despite earlier tariff impacts. Read the full analysis.
The Bank of England has cut its key interest rate to 3.75% after UK inflation eased faster than expected. Governor Andrew Bailey confirmed the move, marking the sixth reduction since August 2024. Read more for the full analysis.
Nigeria's Senate has approved the CBN's exchange rate projection of N1,512/$ for 2026 and reduced the oil price benchmark to $60 per barrel. Get the full details on the 2026-2028 MTEF framework.
US President Donald Trump addresses the nation, promising an economic boom while blaming predecessor Joe Biden for high prices. He announces 'warrior dividend' for troops.
The European Central Bank keeps its key deposit rate at 2% for the fourth consecutive meeting. Analysts scrutinise Lagarde's comments for clues on future monetary policy amid uncertain inflation outlook. Read more.
Nigeria is excluded from the 2024 list of the world's 30 most miserable countries, per the Okun's Misery Index. Discover what this means for the nation's economy.
Businesswoman Laura Ikeji criticizes exploitative price inflation targeting returnees during the festive season, warning it could kill the Detty December culture. Read her full warning.
Nigerians rejoice as food prices drop for five consecutive months. Inflation falls to 15.45%, with staples like rice and garri becoming more affordable. Read the full analysis.
An in-depth analysis of Nigeria's overlapping crises in 2025: escalating insecurity killing thousands, soaring food inflation, and governance failures. Discover the root causes and a 7-step framework for national recovery.
Nigeria's inflation rate fell to 14.45% in November 2025, marking the eighth consecutive decline this year. The NBS report shows food prices remain the main driver. Read the full analysis.
Nigeria's inflation rate declined to 14.45% in November 2025, down from 16.05% in October. Read the full NBS report on food and core inflation trends across states.
Nigeria's headline inflation rate fell to 14.45% in November 2025, a significant drop from 16.05% in October. The National Bureau of Statistics attributes the moderation to CPI rebasing. Read the full analysis.