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.
Category : Search result: World Bank poverty projection
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.
Union Gives Ultimatum to Unity Bank Over Staff Sack
ASSBIFI demands Unity Bank recall over 100 terminated employees, citing breach of labour laws and merger agreement. The union threatens industrial action if demands are not met.
Off-grid power expands but 90m Nigerians still lack electricity
Nigeria's solar mini-grid drive is reducing energy poverty, but experts warn progress is too slow against population growth and funding gaps. Can universal access be achieved? Read the full analysis.
PwC Projects Naira Stability, 4.49% GDP Growth for 2026
PwC Nigeria's Economic Outlook 2026 projects naira stability against the dollar, 4.49% GDP growth, and easing inflation. The report highlights ongoing reforms and persistent risks. Read the full analysis.
141 Million Nigerians to Face Poverty by 2026 - PwC
A new PwC report projects Nigeria's poverty rate will hit 62% in 2026, affecting 141 million citizens. The Presidency has dismissed the figures. Read the full analysis.
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.
FG to Use Banks, Fintechs for Tax Debt Recovery in 2026
Nigeria tightens tax laws, empowering authorities to use banks and fintechs like Access, Zenith, and Opay to recover unpaid taxes. Learn about the new rules and your obligations.
Union Bank Closes All Titan Trust Social Media Accounts
Union Bank of Nigeria has disabled all Titan Trust Bank social media accounts. Customers are now directed to follow Union Bank's official platforms for updates and services.
CBN Issues New Cash Directive to Banks for 2026
The Central Bank of Nigeria has directed commercial banks to guarantee steady cash flow in ATMs and branches nationwide. This follows a successful festive season with minimal scarcity.
Lawyer Abroad Reveals Access Bank Charges on N200k Transfer
A Nigerian lawyer in Dublin shares receipts showing Access Bank charges for sending money home. She hopes new tax laws will bring development. See the breakdown and reactions.
Obi: Tax Reforms Must Not Punish the Poor
Peter Obi cautions the Nigerian government against imposing taxes that worsen poverty. He advocates for comprehensive, people-centered economic reforms to stimulate growth.
Obi: Taxing Poverty Undermines Nigeria's Growth
Peter Obi criticizes Nigeria's tax implementation, arguing it burdens the poor. He calls for a transparent system focused on production, not just revenue. Read his full statement.
Man Exposes Bank Tax Deduction Error in Viral Tweet
A Nigerian man's viral tweet exposes a puzzling N73.05 tax deduction by GTBank, sparking widespread debate on the new tax reforms and bank transparency. See the full story and reactions.
TUC: Poverty, Inflation Threaten Nigerian Workers' Livelihoods
The Trade Union Congress warns that poverty and austerity policies are pushing workers to the brink. TUC President Festus Osifo demands urgent, people-centred government action.
Man Cries Out as N100k Bank Transfer Becomes N63k
A Nigerian man raises alarm after transferring N100,000 to his Zenith Bank account, only to find a balance of N63,000. The incident sparks online reactions and tax deduction theories. Read full details.
Nigerian Woman Returns N330M Mistakenly Credited to Her
Aisha Isah Yelwa, a petty trader from Lapai, Niger State, displayed remarkable integrity by returning N330 million mistakenly sent to her First Bank account. Read her inspiring story.
Peter Obi joins ADC, warns of Nigeria's looting crisis
Peter Obi defects to ADC, warns Nigeria is being 'looted into poverty'. He calls for opposition unity ahead of 2027, citing 130m in poverty. Read his full speech and Atiku's reaction.
Gas Crisis Fuels Deforestation as Prices Soar
Despite vast gas reserves, soaring LPG prices force Nigerian households back to firewood and charcoal, deepening health risks and accelerating forest loss. Experts warn of a growing energy poverty crisis.
CBN 2026 Outlook: 4.49% Growth, Inflation at 12.94%
The Central Bank of Nigeria forecasts economic growth of 4.49% and inflation easing to 12.94% in 2026. Key drivers include oil output, reforms, and rising foreign reserves.
Farmers: Cashew Export Ban Could Worsen Poverty
Nigerian cashew farmers urge the government to drop the proposed export ban, warning it will cripple the non-oil sector and increase poverty. They call for local processing plants instead.
How Nigerian Children Live: Stark Contrasts in Childhood
Explore the dual realities of Nigerian childhood, from affluent urban life to rural poverty. Learn about the 54% in multidimensional poverty and 14.8 million out-of-school children. Discover the facts.
Providus Bank Worker Shares 6 Christmas Bonus Items
A Providus Bank employee reveals the six generous bonuses staff received for Christmas 2025, including a 13th-month salary and rice. See the full list and public reactions.
No Bank Shutdowns from CBN Recapitalisation - ACAMB
The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.
Central African Republic: 5 Facts Before Sunday's Vote
As CAR holds pivotal elections, explore its journey from war to fragile peace, its economic struggles, and its bold bitcoin move. Get the full story here.
World Bank Approves $500m for Nigerian MSMEs
The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.
Supreme Court rules for Fidelity Bank in N30bn debt suit
Nigeria's Supreme Court has delivered a final judgment in a two-decade debt dispute, ruling in favour of Fidelity Bank. The court set key terms for the N30 billion repayment. Read the full details.
How Nigeria's Banking Giants Conquered CBN Recapitalisation
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
Russian court fines Austrian bank Raiffeisen $400m
A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.
Senate Approves CBN 2026 Exchange Rate, Cuts Oil Price
Nigeria's Senate has approved the CBN's exchange rate projection of N1,512/$ for 2026 and reduced the oil price benchmark to $60 per barrel. Get the full details on the 2026-2028 MTEF framework.
Page 1 of 4