A Nigerian man expressed shock after paying N1,400 per litre for petrol, questioning why citizens accept rising costs without protest amid broader economic issues like food prices and insecurity.
Former presidential aide Reno Omokri disputes a fact-check, asserting Nigeria's public debt reached $113 billion before President Tinubu's inauguration, citing data from the Debt Management Office and Dubawa.
A Nigerian man in Canada compares petrol prices between the two countries, noting similar costs but vastly different income levels that affect affordability for professionals.
Reno Omokri challenges Daily Trust's fact-check, arguing Nigeria's total public debt reached $113 billion before President Tinubu assumed office, citing additional loans and Ways and Means obligations.
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The US Treasury Department announced historic plans to feature President Donald Trump's signature on all new paper currency, marking the first time a sitting president's name will appear on US bills. Treasury Secretary Scott Bessent said the move honors A
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The US Treasury announces President Donald Trump's signature will appear on dollar bills as part of America's 250th anniversary celebrations in 2026, marking a historic first for a sitting president.
A new report reveals 94% of Nigerians are financially insecure, with PiggyVest executives calling for government intervention to address systemic issues beyond private sector solutions.
The ongoing Middle East war has triggered a sharp rise in fuel prices in Nigeria, leading to increased transport fares. Commuters and drivers struggle as experts call for targeted government interventions to ease the economic burden.
Nigerians question the quiet response to petrol prices hitting N1,400 per litre, contrasting past protests and highlighting economic impacts on transport and daily costs.
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Despite decades of talk about diversifying Nigeria's economy beyond oil, commodity exchanges remain underutilized due to weak policy support, limiting transparent price discovery and agricultural market efficiency.
Nigeria has been designated as the pilot country for the African Continental Free Trade Area's Simplified Trade Regime in West Africa, aiming to ease cross-border trade for small-scale traders and boost economic integration.
Lagos State government and NACCIMA emphasize prioritizing MSMEs and investing in human capital as key to achieving Nigeria's $1 trillion economy goal by 2030, addressing inflation and infrastructure challenges.
Former University of Uyo VC, Prof. Akpan Ekpo, advises the Federal Government to direct capital toward employment-generating sectors and technological learning for durable national wealth.
Learn why Nigerian traders need position size calculators to manage risk in naira trades amid inflation, central bank policy, and oil price volatility. Essential discipline tool for Lagos, Abuja, Port Harcourt traders.
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Nigeria's car imports rose by 24.64% to N1.58 trillion in 2025, driven by consumer demand and industrial transport equipment, with the US as the top supplier.
A Nigerian lady based in the UK has expressed frustration after her basic salary failed to cover monthly expenses, sparking widespread reactions and advice on social media.
The Nigerian naira depreciated by N4.07 against the US dollar in the official market, driven by high forex demand and limited supply from the CBN. It also fell against the pound and euro, with similar declines in retail and black markets.
NBS data shows petrol prices increased 1.62% in February 2026 to ₦1,051.47 per litre, though down 15.6% from last year. Dangote Refinery CEO reports receiving only 5 crude cargoes monthly instead of 13-15, impacting operations.
A new PiggyVest report shows 30% of Nigerians earn less than N100,000 monthly, with 28% reporting no income, highlighting widespread financial strain despite economic reforms.
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Nigeria's capital importation increased by 26.6% in Q4, reaching $6 billion, with foreign portfolio investments dominating at 85.14%. The banking sector led inflows, while the UK was the top source.
A Nigerian tricycle rider's emotional video detailing his meager N50 profit after spending N5,000 on fuel has gone viral, sparking widespread reactions about economic hardship and government policies.
A tricycle rider in Delta State bursts into laughter after realizing he made only N5 profit from a day's work using N5000 fuel, highlighting Nigeria's economic struggles with rising petrol costs.
The National Bureau of Statistics reveals petrol price trends for February 2026, showing Yobe with the highest average price at N1,134.73 per litre and Lagos with the lowest at N966.61.
The National Bureau of Statistics reveals diesel prices decreased by 5.39% year-on-year in February 2026, with Lagos, Borno, and Akwa Ibom having the highest costs while Ogun and Kogi recorded the lowest.
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Rising inflation forces millions of Nigerians to cut eggs, yams, rice, and other staple foods from their diets. With poverty rates above 50%, households spend up to 70% of income on food, highlighting a severe cost-of-living crisis.
The average retail price of petrol in Nigeria fell by 15.6% year-on-year to ₦1,051.47 in February 2026, with Yobe State having the highest price and Lagos the lowest, according to NBS data.
The Centre for the Promotion of Private Enterprise warns that additional taxes on sugar-sweetened beverages could hurt Nigeria's manufacturing sector and slow economic recovery.
Stakeholders project the 750km Lagos-Calabar Coastal Road could transform Nigeria's economy, raising GDP from $400bn to up to $14tn over 50 years through regional collaboration and strategic development.
The WTO's 2026 report highlights that AI investment and the Middle East conflict will significantly influence global trade, with AI driving high-tech goods and services, while geopolitical tensions pose risks to energy and transport costs.
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A £746 million port financing agreement between Nigeria and the UK has raised alarms over steel imports, with experts criticizing the neglect of local steel industries like Ajaokuta and Osogbo, warning of debt and job losses.
