The Nigerian naira displayed contrasting movements across official and parallel markets, with analysts predicting stronger performance in 2026 driven by agricultural improvements and lower inflation.
A Nigerian X user's viral receipt comparison reveals a 582% price increase for groceries from 2020 to 2026, highlighting Nigeria's severe inflation crisis and its impact on household budgets.
Nigerian economy experts project the naira will stabilise between N1,400 and N1,500 per dollar in 2026, driven by oil reforms, capital inflows, and fiscal discipline.
The World Bank has approved a $12 million performance-linked loan for Nigerian states hosting internally displaced persons (IDPs) under a new federal project aimed at closing data gaps and improving IDP integration into development systems.
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The Nigerian naira appreciated against the US dollar, closing at N1,419.35 in the official market amid improved dollar supply and rising external reserves.
The Nigerian naira appreciated against the US dollar in the official NAFEM market but showed mixed results against other currencies and at bank counters, with analysts pointing to oil revenues and CBN policies for support.
The International Monetary Fund projects Nigeria's economy will accelerate growth by 2026, driven by reforms and oil sector improvements, amid global economic challenges.
China's population has decreased for the second consecutive year, with the birth rate reaching an all-time low, raising concerns about long-term economic and social impacts.
The suspension of VAT transfers to the Nigerian Revenue Service has sparked fears among citizens about possible increases in bank charges and service fees.
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The Federal Government clarifies that Nigeria's first gold refinery in Lagos is a private-sector initiative by Kian Smith, dismissing Northern Elders Forum's claims of regional bias as misleading.
Oxfam report reveals a record 3,000 billionaires in 2025, controlling over $3.5 trillion, as economic inequality surges. See the impact on Nigeria and democracy.
Elon Musk's net worth soars to $780bn after xAI's valuation surge. Meanwhile, four Nigerian billionaires, led by Aliko Dangote, feature prominently on Forbes' Africa list, highlighting the continent's growing economic influence.
A 2026 report reveals stark minimum wage gaps across Africa. Nigeria's $49.18 monthly wage places it 11th among 15 nations, while Mauritius leads with $366. See the full ranking and analysis.
A new survey shows food prices have dropped in Abuja markets after the festive season, with NBS data confirming a decline in monthly food inflation. Experts warn the relief may be temporary without long-term policies.
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The IMF has revised Nigeria's 2026 growth projection upward to 4.4%, citing sustained reforms and macroeconomic improvements. Discover the details and key risks.
Tensions erupted at Nigeria's Finance Ministry as unpaid contractors blocked the minister. A gunshot was fired during the protest over N1.5 trillion debt. Read the full details.
The Nigerian naira weakened to N1,490 per dollar in the parallel market, creating the widest gap with the official rate since February 2025. Get the full analysis of the forex pressures and CBN's latest moves.
The Nigerian naira strengthened by 0.25% against the US dollar last week, closing at N1,417.95/$. Analysts attribute the gain to improved liquidity but warn of vulnerability to dollar inflows.
The Nigerian Naira appreciated to N1,417.95 per dollar, buoyed by rising external reserves. Analysts cite improved FX transparency and policy credibility for the positive trend. Read more on the economic outlook.
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NBS data shows Nigeria's food inflation fell to 10.84% in Dec 2025. Discover the 10 states where food was most expensive and the items that saw price drops. #NigeriaEconomy
The Nigerian Naira recorded significant gains against the US Dollar on January 15, 2026, closing at N1,419.28 officially. This rally, driven by improved forex supply and a positive 4.49% GDP forecast, signals growing economic confidence. Read the full ana
Nigeria's NEC resolves to accelerate non-oil revenue, forms a bipartisan committee for Tinubu's legacy projects, and reviews economic priorities for 2026. Read the full details.
The EU has removed Nigeria and five other African nations from its financial high-risk list, following successful AML/CFT reforms and FATF delisting. This move is set to boost trade and investor confidence from January 29.
Nigeria's inflation rate fell significantly to 15.15% in December 2025, down from 34.80% a year earlier. While food inflation moderated, high living costs continue to squeeze household budgets. Read the full analysis.
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The Nigerian Economic Summit Group projects economic growth of 5.5% and inflation of 16% for 2026, but warns a critical 18-month window exists to avoid policy reversals that could derail consolidation.
IFC's Dahlia Khalifa explains how Nigeria's private-sector-led reforms in energy and agriculture are boosting productivity and job creation, setting a regional example. Discover the economic ripple effects.
Nigeria's import price index increased by 0.16% in Q3 2025, driven by higher costs for building materials and footwear. The NBS report reveals a slight decline in the terms of trade. Read the full analysis.
Nigeria's headline inflation increased to 15.15% in December 2025, a reversal after eight months of decline. The NBS attributes the rise to a statistical 'base effect' from CPI rebasing.
The Nigerian Economic Summit Group forecasts the naira will stabilise around N1,480 per US dollar in 2026, driven by rising reserves and policy coordination. Discover the full economic outlook.
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NECA Director-General Adewale-Smatt Oyerinde reveals employers have started preparing for the 2027 minimum wage negotiations. He also discusses tax reforms, business survival, and the alcohol sachet ban. Read the full interview.
