Petrol, diesel, and aviation fuel prices are climbing across Nigeria as global crude benchmarks trade between $99 and $105, with Dangote Refinery offering competitive rates but market pressures persist.
Nigeria's total public debt surged to N159.28 trillion by December 2025, with each citizen bearing N66,250. Domestic borrowing rose 14.1%, driven by Federal Government loans, sparking calls for legislative oversight and revenue reforms.
Nepal begins the new year 2083 with improved political stability after recent elections, but economists warn of economic fragility, weak investment, and structural challenges.
Barrister Aminu Junaidu, Chairman of Nigeria's Investment and Securities Tribunal, has transformed the institution in under six months, aligning with President Tinubu's Renewed Hope Agenda through efficient case management and international recognition.
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The International Monetary Fund warns that sustained conflict involving Iran could spike oil prices above $100, potentially pushing the world economy toward recession with severe impacts on growth and inflation.
Ghana's President Mahama and former AfDB head Adesina urge paradigm shift from dependency to investment-led prosperity, highlighting Africa's growth trajectory and calling for strategic resource management.
Nigeria's naira appreciated significantly to N1,343.77 per dollar at the official market following a massive 260% increase in dollar liquidity. Foreign portfolio investments boosted demand while global oil price declines introduced uncertainty for future
Nigeria's monthly revenue has soared from N711 billion to over N3.6 trillion under President Tinubu's reforms, according to the NRS boss, while Peter Obi criticizes rising debt as a disaster risk.
The IMF has revised Nigeria's 2026 GDP growth projection to 4.1%, down from earlier estimates, citing global energy market disruptions from the Middle East conflict. The Fund warns of rising inflation and financial pressures.
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Industry experts warn that Nigeria's non-oil exports face challenges from weak value addition and infrastructure gaps, limiting global trade opportunities despite record growth in volumes and earnings.
While Nigeria's macroeconomic indicators show improvement under Tinubu's reforms, poverty rates have surged to 63%, affecting 140 million citizens. This analysis reveals the disconnect between elite statistics and the harsh realities faced by ordinary Nig
Nigeria's monthly revenue has surged from N711 billion to over N3.6 trillion, a 411% growth, due to President Tinubu's economic reforms, according to the NRS chairman. The reforms include subsidy removal and forex unification.
A Nigerian tricycle operator reveals how converting to an electric vehicle increased his daily profit, eliminated fuel queues, and helped him support his family amid rising petrol prices.
The IMF projects Nigeria's GDP growth to reach 4.3% in 2027, up from 4.1% in 2026, despite global risks from Middle East conflict and inflation pressures.
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While Africa's public sector shows significant growth in 2026 through infrastructure and digital spending, this expansion is heavily debt-funded and faces structural risks including currency vulnerability, institutional weaknesses, and corruption challeng
The Nigerian naira appreciated to N1,356.19 per dollar in the official market, gaining 70 kobo. It also strengthened against the pound sterling and euro, while interbank turnover surged.
The Federal Government has implemented sweeping tariff reductions on 127 items including rice, vehicles, and medical equipment as part of the 2026 Fiscal Policy Measures aimed at combating inflation and supporting key economic sectors.
Nigeria's minimum wage has increased from ₦5,500 in 2000 to ₦70,000 in 2026. This article explores the timeline, economic pressures, and why workers still struggle despite nominal growth.
The Federal Government has waived import duties on electric vehicles and mass transit buses to ease inflation and boost affordability amid the Middle East crisis, as announced by the President's aide.
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Finance Minister Wale Edun advocates for reduced borrowing costs and fairer global financial conditions for Nigeria at the 2026 IMF and World Bank Spring Meetings in Washington DC.
The naira ranks as Africa's second-best currency against the dollar, despite falling reserves. Inflation may ease, influencing CBN rate decisions, while oil prices surge due to geopolitical tensions in the Middle East.
The International Labour Organisation warns that the Middle East crisis threatens jobs and incomes worldwide, risking increased informality, child labor, and economic strain for vulnerable workers and small businesses.
The Iran war's global shockwaves are hitting Africa hardest, causing fuel shortages, soaring food prices, and crippling debt. Former VP Osinbajo warns of systemic failure.
A public policy analyst argues Nigeria's fiscal woes stem from governance and transparency deficits, not low revenue, urging reforms before tax hikes to build trust and efficiency.
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Fitch Ratings forecasts Nigeria's foreign exchange reserves declining to $47 billion by late 2026 due to spending pressures and external risks, despite current stability and coverage.
The conflict in Iran has increased Africa's annual debt burden by $4.4 billion through rising capital costs, threatening economic reforms and forcing countries to seek financial diversification strategies.
The Trade Union Congress and World Bank urge the Federal Government to support local refineries and provide targeted aid to vulnerable citizens amid rising fuel prices and global supply tensions.
South-West states in Nigeria have announced ambitious 2026 budgets totaling N8.66 trillion, focusing on infrastructure and economic expansion to improve citizens' welfare amid macroeconomic challenges.
Nigeria's naira strengthened 1.58% this week due to improved foreign exchange liquidity and investor confidence, while the domestic bond market showed signs of weakness.
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Nigeria's ₦70,000 monthly minimum wage ranks among Africa's lowest, falling behind smaller economies like Benin and Togo. Analysis reveals key factors including currency weakness, inflation, and implementation gaps.
