Nigeria's inflation rate increased to 15.38% in March 2026, driven by global supply chain disruptions from the Israel-U.S.-Iran war, with food inflation at 14.31% and state-level variations highlighting economic pressures.
The International Labour Organisation emphasizes that decent jobs, labor rights, and democratic participation are essential for building resilient economies amid global conflicts and uncertainty.
Nigeria has secured the sixth position in the 2026 Ataraxis Global Outsourcing Talent Index, driven by strong English proficiency and competitive labor costs. The report highlights Africa's rising dominance in the global outsourcing market.
Nigeria and other developing economies launch a Borrowers' Platform to tackle $11.7 trillion in debt and $920 billion in annual servicing costs, aiming to strengthen negotiation power and debt management.
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Finance Minister Wale Edun warns that geopolitical strains, energy market disruptions, and inflation could slow reform momentum in developing countries, urging global financial reforms.
Nigeria's inflation rate increased to 15.38% in March 2026, with ten states recording the highest levels nationwide. The National Bureau of Statistics reported persistent price pressures across food and non-food sectors.
President Bola Tinubu has outlined the reasons for overhauling Nigeria's outdated tax laws, emphasizing that the new reforms aim to boost transparency, attract investment, and drive economic growth while addressing poverty.
The Presidency has strongly criticized economist Professor Pat Utomi for labeling President Tinubu's economic reforms a 'Ponzi scheme,' accusing him of hypocrisy and citing his past leadership roles at failed institutions.
The Presidency has strongly criticized Professor Pat Utomi, labeling his description of President Tinubu's economic reforms as a 'Ponzi scheme' as hypocritical, citing his past roles in failed ventures like Volkswagen Nigeria and BankPHB.
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A Nigerian man's viral video showing a ₦75,480 supermarket receipt for bread, milk, Milo, and custard has ignited a national conversation about the unbearable cost of living and rampant inflation.
President Bola Ahmed Tinubu has announced a bold strategy to convert Nigeria's perennial flood crisis into an economic driver, shifting focus from oil to water resources for national growth and food security.
Nigeria's inflation rate rose to 15.38% in March 2026, with the Consumer Price Index reaching 135.4, up 5.4 points from February. Food inflation also increased to 14.31%, reflecting sustained pressure on household spending amid updated NBS data methodolog
Nigeria's naira emerges as Africa's second-best-performing currency against the US dollar in 2026, showing resilience amid global economic turbulence despite foreign-exchange reserves hitting lowest levels since mid-February.
Petrol, diesel, and aviation fuel prices are climbing across Nigeria as global crude benchmarks trade between $99 and $105, with Dangote Refinery offering competitive rates but market pressures persist.
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Nigeria's total public debt surged to N159.28 trillion by December 2025, with each citizen bearing N66,250. Domestic borrowing rose 14.1%, driven by Federal Government loans, sparking calls for legislative oversight and revenue reforms.
Nepal begins the new year 2083 with improved political stability after recent elections, but economists warn of economic fragility, weak investment, and structural challenges.
Barrister Aminu Junaidu, Chairman of Nigeria's Investment and Securities Tribunal, has transformed the institution in under six months, aligning with President Tinubu's Renewed Hope Agenda through efficient case management and international recognition.
The International Monetary Fund warns that sustained conflict involving Iran could spike oil prices above $100, potentially pushing the world economy toward recession with severe impacts on growth and inflation.
Ghana's President Mahama and former AfDB head Adesina urge paradigm shift from dependency to investment-led prosperity, highlighting Africa's growth trajectory and calling for strategic resource management.
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Nigeria's naira appreciated significantly to N1,343.77 per dollar at the official market following a massive 260% increase in dollar liquidity. Foreign portfolio investments boosted demand while global oil price declines introduced uncertainty for future
Nigeria's monthly revenue has soared from N711 billion to over N3.6 trillion under President Tinubu's reforms, according to the NRS boss, while Peter Obi criticizes rising debt as a disaster risk.
The IMF has revised Nigeria's 2026 GDP growth projection to 4.1%, down from earlier estimates, citing global energy market disruptions from the Middle East conflict. The Fund warns of rising inflation and financial pressures.
Industry experts warn that Nigeria's non-oil exports face challenges from weak value addition and infrastructure gaps, limiting global trade opportunities despite record growth in volumes and earnings.
While Nigeria's macroeconomic indicators show improvement under Tinubu's reforms, poverty rates have surged to 63%, affecting 140 million citizens. This analysis reveals the disconnect between elite statistics and the harsh realities faced by ordinary Nig
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Nigeria's monthly revenue has surged from N711 billion to over N3.6 trillion, a 411% growth, due to President Tinubu's economic reforms, according to the NRS chairman. The reforms include subsidy removal and forex unification.
A Nigerian tricycle operator reveals how converting to an electric vehicle increased his daily profit, eliminated fuel queues, and helped him support his family amid rising petrol prices.
The IMF projects Nigeria's GDP growth to reach 4.3% in 2027, up from 4.1% in 2026, despite global risks from Middle East conflict and inflation pressures.
While Africa's public sector shows significant growth in 2026 through infrastructure and digital spending, this expansion is heavily debt-funded and faces structural risks including currency vulnerability, institutional weaknesses, and corruption challeng
The Nigerian naira appreciated to N1,356.19 per dollar in the official market, gaining 70 kobo. It also strengthened against the pound sterling and euro, while interbank turnover surged.
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The Federal Government has implemented sweeping tariff reductions on 127 items including rice, vehicles, and medical equipment as part of the 2026 Fiscal Policy Measures aimed at combating inflation and supporting key economic sectors.
