Category : Economy


FAAC Revenue Falls by N428bn, N1.93trn Shared

FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.

Inflation Falls to 14.45% in November 2025

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 Inflation Eases to 14.45% in November

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.

Inflation Falls to 14.45% in November 2025

Nigeria's inflation rate declined to 14.45% in November 2025, a significant drop from October. The NBS CPI report details the monthly and yearly trends, including food and core inflation figures across states.

CBN Injects $250M to Stabilise Naira as Reserves Hit $45.4B

The Central Bank of Nigeria intervenes with $250 million to ease dollar scarcity and steady the naira. Nigeria's FX reserves rise to a six-year high of $45.44 billion, strengthening the CBN's hand. Read the full analysis.

Naira resilient despite festive dollar demand surge

The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.

Macron warns China on EU tariffs over trade deficit

French President Emmanuel Macron has warned China of potential EU tariffs if it fails to reduce its massive trade surplus with Europe. He calls it a 'life and death' issue for European industry.

Naira Drops to N1,454/$1 Amid Festive Dollar Demand

The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.

Divided US Fed Faces Contentious Rate Decision

The US Federal Reserve's final 2025 meeting is marked by internal conflict over a potential third interest rate cut, with a key data shortage complicating the decision. Read the full analysis.

Tinubu's Wife Gives N200k Grants to 9,500 PWDs

Nigeria's First Lady, Oluremi Tinubu, has empowered 9,500 persons with disabilities with N200,000 business grants each. The initiative, launched on International Day of PWDs, is part of the Renewed Hope Initiative.

Naira Falls as CBN Releases New FX Rate, Gap Widens

The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.

German Factory Orders Rise More Than Expected

German industrial orders surged 1.5% in October, far exceeding forecasts. The rise, driven by defence procurement, signals a potential bottom for Europe's largest economy. Read the full analysis.

Nigeria Gets $100m AfDB Loan for Youth Fund

Nigeria's FEC has approved a $100 million AfDB loan for the Youth Investment Fund and a $50m Islamic Bank loan for Yobe agriculture. President Tinubu pushes for 7% growth.

FGN Savings Bonds Offer Up to 13.838% Interest

Nigeria's DMO opens subscription for 2-year and 3-year FGN Savings Bonds with attractive quarterly interest payments. Secure investment backed by the Federal Government. Closes Dec 5.

Imo Hosts Major West African Economic Summit

Imo State hosts the Imo Invest Summit 2025, a major West African economic gathering featuring global leaders like Ban Ki-moon and President Boakai. The event aims to unlock investment in energy, tech, and infrastructure. Read more.

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