Category : Economy


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.

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.

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.

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.

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.

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.

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.

Naira's Best Run in 10 Years as CBN Reforms Pay Off

The Nigerian naira appreciated over 7% in 2025, its strongest annual performance in a decade, driven by CBN reforms and rising external reserves now at $45.6 billion. Discover how the FX market transformation is boosting economic confidence.

PwC: 62% of Nigerians May Be Poor by 2026

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.

Naira Bullish Despite 21% Drop in FX Inflows

The Nigerian naira begins 2026 on a strong note, appreciating at the official window despite a sharp 20.67% decline in dollar inflows. Discover how local sources and CBN interventions are cushioning the market.

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