Apply Now: FG Opens 2026 GEEP Loan Portal for ₦300k
The Federal Government has launched the GEEP loan portal for 2026, offering Nigerians interest-free loans up to ₦300,000 to boost small businesses. Apply now at geep.nsipa.gov.ng.
Category : Economy
Nigeria's Q3 Current Account Surplus Falls 41%
Nigeria's current account surplus dropped sharply to $3.42bn in Q3 2025, a 41% decline. Explore the CBN data on oil exports, remittances, and rising external obligations shaping the nation's balance of payments.
Which is Nigeria's Richest Culture? Analysis of Wealth
Explore the complex economic landscape of Nigeria's major ethnic groups. Discover why no single culture is the richest and how Hausa-Fulani, Yoruba, and Igbo build wealth differently.
FG Calms Investors After US Air Strike in Sokoto
Finance Minister Wale Edun says the joint US-Nigeria air strike was targeted at terrorists and reinforces economic stability. He highlights GDP growth, falling inflation, and credit rating upgrades.
Economy Remains Stable Despite Sokoto Airstrikes - Edun
Finance Minister Wale Edun assures that Nigeria's economy remains resilient with 3.98% Q3 GDP growth and falling inflation, despite recent counterterrorism operations in Sokoto. Investor confidence is high.
Edun: Nigeria Open for Business After US Airstrikes
Finance Minister Wale Edun assures investors Nigeria remains stable and focused on growth following US-Nigeria joint security operation in Sokoto. GDP growth and falling inflation highlight strong economic fundamentals.
Debt Servicing Cripples Africa's Development - Moghalu
Ex-CBN deputy governor Kingsley Moghalu reveals African nations spend more on debt than health & education combined. Nigeria allocates 70% of revenue to repayments. Discover the data blocking development.
Nigeria's FX Reserves Surge to $45.24bn, Boosting Naira Hope
Nigeria's external reserves climbed to a seven-year high of $45.24bn in December 2025, a $4.39bn annual increase. CBN Governor attributes gains to FX reforms, raising fresh optimism for naira stability in 2026. Read the full analysis.
CPPE: Nigeria's GDP to Grow 4.5% in 2026
The Centre for the Promotion of Private Enterprise forecasts Nigeria's GDP growth between 4.0% and 4.5% in 2026, citing cautious optimism. Read the full economic outlook.
State Debt Rises by N94.79bn in Three Months
Nigeria's 36 states and FCT saw domestic debt rise to N3.96tn in Q2 2025. Experts warn of a structural crisis as debt servicing eats into funds for health and education. Read the full analysis.
CBN Pumps $150M to Defend Naira Amid Forex Crunch
The Central Bank of Nigeria intervened with $150 million to support the naira after a sharp 50% drop in weekly FX inflows. The move led to a slight appreciation of the currency and a marginal rise in external reserves. Read the full analysis.
LCCI: N15.52tr Debt Service a Huge Fiscal Burden
LCCI warns Nigeria's N15.52 trillion debt service allocation threatens economic stability. DG Chinyere Almona calls for stricter borrowing, revenue mobilisation. Read the full analysis.
N2.7 Trillion Spent on External Debt Service in Q2 2025
Nigeria's debt burden deepens as 45.2% of Q2 2025 revenue goes to servicing external loans. Experts warn of fiscal risks and crowding out of critical spending. Read the full analysis.
Nigeria's Q2 2025 External Debt Service Hits N2.70tr
Nigeria's external debt service consumed 45.2% of Q2 2025 revenue, as total public debt stock rises to N152.40 trillion. Experts warn of exchange-rate risks and financing conditions.
Cheaper Fuel Fuels Abuja's Thriving Christmas Economy
Abuja's Christmas economy thrives as fuel prices drop to ₦743 per litre, boosting local spending, market stability, and leisure activities. Discover how residents are celebrating differently this year.
Naira Gains Against Dollar, Experts Predict 2026 Rate
The Naira extended its gains against the US dollar, reaching N1,449.99/$1 in the official market. Analysts from SBM Intelligence and Citibank provide contrasting forecasts for the currency's exchange rate in 2026.
NRC Records Heavy Turnout for 50% Yuletide Train Discount
Nigerian Railway Corporation reports surge in passengers as federal government's 50% festive season fare discount takes effect from Dec 23 to Jan 4. Enhanced safety measures deployed.
Naira to Trade N1,470-N1,520/$1 in 2026, Say Experts
Economic analysts forecast a stable naira exchange rate in 2026, with the CBN prioritizing market confidence and reduced volatility over aggressive appreciation. Key projections and government expectations revealed.
Egypt's High-Speed Rail to Connect Red Sea & Mediterranean
Egypt begins construction on a 660km high-speed train linking the Red Sea to the Mediterranean, set for 2028 completion. Dubbed a 'Suez Canal on rails,' it aims to transform transport and ease Cairo's congestion. Read more.
DMO Issues Fresh Warning to States Over Borrowing Rules
The Debt Management Office urges state governments to strictly comply with borrowing laws to avoid loan approval delays. Learn the key guidelines for responsible debt management.
CBN Intervention Boosts Naira, Dollar Rate Improves
The Nigerian naira staged a strong recovery on Monday after the Central Bank sold $150 million to dealers. The official rate appreciated to ₦1,456.56 per dollar, easing short-term pressure. Read the full analysis.
US Q3 GDP Grows 3.2%, AI Investment Fuels Momentum
The US economy posted solid 3.2% growth in Q3 2025, driven by AI investment. The delayed data shows resilience despite labour market concerns and Fed rate cuts. Read more.
Brazilian Right Wing Boycotts Havaianas Over Political Ad
Brazil's right wing urges boycott of iconic Havaianas flip-flops after an ad featuring left-wing actress Fernanda Torres. The political clash threatens jobs ahead of the 2026 elections.
Nigeria exits FATF grey list, records N6.69tr trade surplus
Nigeria achieves major economic milestones: removal from FATF grey list and a N6.69 trillion trade surplus in Q3 2025. This boosts investor confidence and global standing. Read the full details.
Naira Falls, FX Reserves See First Decline in Over 2 Months
The Naira weakened by N10 against the dollar last week as Nigeria's external reserves halted their upward trend. Get the latest on exchange rates and CBN's outlook for 2026.
Nigeria's Billions at Risk from Outdated Influencer Strategy
Nigeria's digital ad spend hit $340M in 2025, but brands risk wasting billions in 2026 by clinging to outdated influencer tactics. Learn why trust, not star power, is now key to success.
Swiss Court Admits Climate Case Against Cement Giant
A Swiss court will hear a landmark case where Indonesian islanders sue Holcim for climate damage. This pivotal lawsuit could set a precedent for holding corporations accountable globally.
Why Africa's Green Transition Needs a Development Focus
A new report warns Africa's climate strategy must combine debt relief with low-carbon growth to ensure the green transition delivers real development dividends, not just emissions cuts.
NSIA's 2025 Review: $3B Assets, Key Projects
Nigeria's Sovereign Wealth Fund, NSIA, surpasses $3 billion in assets in 2025, launching major projects in healthcare, renewable energy, and tech innovation. Read the full review of a year of progress.
CBN Projects Naira Stability, Lower Borrowing Costs for 2026
The Central Bank of Nigeria's latest survey reveals businesses expect naira stability and lower borrowing rates into 2026, despite ongoing challenges like insecurity and high taxes. Read the full report.
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