Accountability Crucial for Nigeria's 2026 Economic Growth - ICAN
Stakeholders at ICAN's 2026 Economic Outlook stress that fiscal discipline and transparency are vital to build public trust and sustain Nigeria's fragile economic progress. Read more.
Category : Economy
World Bank: Revamp Public Works for Skills, Not Just Jobs
The World Bank urges governments to transform public works programmes from short-term jobs to skills-building initiatives in care, digital, and green sectors for lasting employment.
ILO: 186m Jobless by 2026, AI Poses Major Risk
The ILO warns global unemployment will stagnate in 2026, with 186 million jobless. AI and trade uncertainty threaten youth jobs, while informality rises. Read the full report.
TUC Calls for Urgent Review of Workers' Allowances
The Trade Union Congress urges Federal and state governments to review workers' allowances to counter inflation. TUC warns economic reforms are causing hardship. Read the full demands.
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Nigeria's Quality of Life: Poverty, Inflation & Regional Gaps
An in-depth analysis of Nigeria's quality of life reveals 54% poverty, 30% inflation eroding wages, and stark regional divides. Discover the realities and coping mechanisms.
How NGN Volatility is Changing Nigerian Trading Habits
Rising Naira volatility is forcing Nigerian retail traders to abandon guesswork. Discover why pips calculators are now essential for stable position sizing and protecting capital in fast markets.
Mixed Food Price Trends in Nigeria: Grains Ease, Oils Climb
January brought relief for Nigerian households as prices for rice, beans, and garri fell in major markets. However, rising costs for cooking oils and logistics continue to pressure food budgets. Get the full regional breakdown.
Naira Appreciates to N1,419.66 Against US Dollar
The Nigerian Naira strengthens against major currencies, hitting N1,419.66/$1 in NAFEM. CBN's $50m injection and rising FX reserves fuel the recovery. Get the full market analysis.
Nigeria's Urban Population to Hit 264 Million by 2050
World Bank projects Nigeria's urban population will surge to 264 million by 2050, with 4.4% economic growth in 2026 driven by reforms and export gains. Discover the challenges and opportunities.
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Sit-At-Home Order Threatens Southeast's N5.7tr Fiscal Plan
The ambitious N5.7 trillion budget for Nigeria's Southeast is at risk due to the persistent Monday sit-at-home disruption, jeopardizing a projected N1.3 trillion IGR. Governors target a 300% revenue spike amidst insecurity concerns.
CBN: Nigeria's Economy Grows 3.89% in 2025, Inflation Eases
The Central Bank of Nigeria's 2025 macroeconomic outlook shows resilient growth at 3.89% and falling inflation. Discover the projections for 2026 and the critical policy actions needed.
FAAC Shares N6tr in Q3, Lagos Gets N179bn
Nigeria's FAAC disbursed a record N6 trillion in Q3 2025, with Lagos and oil-producing states receiving huge allocations. NEITI warns of fiscal risks as oil prices soften. Read the full breakdown.
Nigeria Opens Gold Refinery, Lithium Plant Set for Commissioning
The Federal Government has commenced operations at a high-purity gold refinery in Lagos, with three more under development. A $600 million lithium plant in Nasarawa is also ready, marking a major shift in Nigeria's mining sector.
Naira Appreciates to N1,421 per Dollar
The Nigerian Naira shows mixed performance, appreciating slightly against the US Dollar, British Pound, and Euro in the official market. Experts project 2026 outlook.
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NBS on Inflation Spike, Obi Warns on Poverty
NBS clarifies the projected December inflation spike is due to statistical rebasing, not economic decline. Meanwhile, Peter Obi warns Nigeria's rising poverty is a threat to national survival. Global food prices fall for fourth month.
Iran Currency Collapses, Naira Exchange Rate Hits Record
Iran's rial hits historic low amid protests and 42% inflation. The Nigerian naira now trades at N1 to 698.55 Iranian Rial. Read the full analysis of the crisis and its global implications.
Naira Gap Widens: Official Rate Gains, Parallel Market Weakens
Nigeria's naira shows a split performance as the official rate gains to ₦1,423.17 per dollar while the parallel market weakens to ₦1,480. Discover the causes and implications of the widening exchange rate gap.
Naira Records First Weekly Gain of 2026 as CBN Boosts FX Supply
The Nigerian naira appreciated by N7.68 in its first weekly gain of 2026, driven by improved dollar liquidity and stronger Central Bank interventions. Analysts see potential for stability.
CBN Projects Petrol Price at N950/Litre in 2026
The Central Bank of Nigeria predicts petrol prices could rise to N950 per litre by 2026. Read the full analysis and what it means for Nigeria's economy and energy costs.
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FG Establishes Nigeria House Davos for WEF 2026
Nigeria will debut its first official National House at the World Economic Forum in Davos in 2026. The platform aims to project economic reforms and attract foreign investment under a Public-Private Partnership. Read more.
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.
DMO raises N1.14trn in 2026's first Treasury Bills auction
Nigeria's Debt Management Office secured N1.144 trillion at its first Treasury Bills auction of 2026, with stop rates rising. Meanwhile, a UN report projects global economic growth at 2.7% for the year. Read the full analysis.
Obi Laments Rising Poverty Amid Political Power Struggles
Peter Obi decries Nigeria's deepening poverty crisis, with 62% now living in hardship. He urges urgent reforms in agriculture, education, and job creation. Read more.
Expert: Consumer Credit Key to Boosting Local Production
Aviation expert Capt. Samuel Caulcrick urges expansion of consumer credit for local goods to stimulate production, create jobs, and curb imports. Discover his economic strategy.
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Ex-CBN Deputy Gov: Tinubu's Reforms Averted Economic Collapse
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.
2026 Naira Forecast: N1,350 to N1,450 per Dollar
Financial experts project the naira will trade between N1,350 and N1,450 against the US dollar in 2026. Discover the key factors influencing this forecast and what it means for Nigeria's economy.
Rewane: Falling Oil Prices Threaten Nigeria's Budget
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.
Nigeria's GDP to grow 4.3% in 2026, says PwC
PwC Nigeria projects 4.3% GDP growth for 2026, driven by inflation moderation and naira stability. The report outlines seven key themes shaping the economic outlook for businesses and investors.
PwC Projects Nigeria's Economy to Grow 4.3% in 2026
PwC Nigeria's Economic Outlook 2026 projects 4.3% GDP growth, highlighting a path from stability to sustainable expansion. Discover the key drivers and business imperatives for the year ahead.
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PwC Projects Nigeria's Economy to Grow by 4.3% in 2026
PwC Nigeria's Economic Outlook 2026 projects 4.3% growth, driven by macroeconomic stability. Discover the key themes and business imperatives for the year ahead.
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