The Nigerian naira appreciates to N1,430.84 per dollar, marking a strong start to 2026. Analysts credit CBN's $7.5 billion intervention and reforms for reduced volatility and project continued stability.
Budget chief Tanimu Yakubu dismisses critics' 'theatrical arithmetic' on Tinubu's policies, while Senator Yayi reveals Nigeria now saves over N10 trillion yearly from subsidy removal. Read the full analysis.
ACCI Director General Agabaidu Jideani forecasts Nigeria's 2026 economic growth will be driven by the non-oil sector, citing reforms and security challenges. Read the full analysis.
Nigeria's private sector closed 2025 with robust growth as PMI hit 53.5 in December. Business confidence soared to a six-month high. Discover the key drivers and outlook for 2026.
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Experts forecast a year of adjustment for Nigerians in 2026, defined by a tighter FX market, rising living costs from fiscal reforms, and rapid digital finance growth. Learn how these trends will impact daily life.
The Nigerian naira has appreciated against the US dollar and exited Africa's top 10 worst-performing currencies after nearly two years, driven by rising reserves and improved FX liquidity. Read the full analysis.
The Central Bank of Nigeria spent $7.53 billion to stabilise the naira in 2025, leading to a 7.14% annual gain and a historic balance of payments surplus. Discover the full story.
Economist Kalu Aja warns US intervention in Venezuela may flood oil market, pressuring prices and jeopardising Nigeria's $64 per barrel 2026 budget benchmark. Read the full analysis.
The Federal Government outlines a 2026 strategy focused on reforms and investment to accelerate growth, aiming for a $1 trillion economy by 2036. Read the full plan.
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Nigeria's current account surplus reached $3.42bn in Q3 2025, driven by a 44% surge in refined fuel exports. This marks a pivotal shift as domestic refining capacity grows, reducing import dependency. Discover the details and what it means for the economy
Over 8.3 million US workers started 2026 with higher pay as 19 states and several cities raised minimum wages, injecting $5 billion into earnings. Read details.
The Nigerian naira appreciated 6.5% in 2025, marking its first annual gain in 13 years. Discover how CBN reforms and FX reserves growth fueled this historic turnaround.
The Nigerian naira closed 2025 stronger, appreciating by over N100 against the US dollar. The Central Bank of Nigeria credits rising external reserves and policy reforms for the currency's improved stability. Discover the full market analysis and 2026 pro
Nigeria's economic recovery gained momentum in December 2025 with 32 out of 36 subsectors expanding, according to the CBN's PMI. The transportation equipment sector led growth. Discover the full economic outlook for 2026.
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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.
A new report reveals Africa's green industrialisation is accelerating, driven by renewable energy and critical minerals. Discover how this shift is redefining the continent's economic outlook and attracting global investment.
South Sudanese pound and Ethiopian birr lead Africa's worst-performing currencies in 2025, losing over 10% vs dollar. See why the Naira avoided the bottom 10 despite its struggles.
The Nigerian naira closed 2025 weaker against the dollar despite CBN interventions. External reserves rose to $45.45bn, offering limited support. Get the full analysis.
Ten Nigerian states plan to raise N4.287 trillion from loans and grants for their 2026 budgets, totaling N14.174tn. Experts warn of fiscal risks and weak revenue management.
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Nigerian employers' body NECA criticizes the ban on sachet alcohol, warning it may worsen smuggling and cause massive job losses. They urge broader stakeholder talks.
Nigeria's external sector strengthens as the CBN reports a $4.6 billion Balance of Payments surplus for Q3 2025, driven by trade gains and rising reserves. Read the full analysis.
NBGN Chairman Bashorun Randle urges the FG to urgently reposition Nigeria's private sector to harness the $3.4 trillion AfCFTA market. Read more on the needed reforms.
Nigeria's private sector closed 2025 on a high note as the Purchasing Managers' Index (PMI) rose to 57.6 in December, signaling the fastest expansion pace of the year. Read the full CBN report details.
As inflation, unemployment, and governance failures persist, Nigerians' daily worry becomes a survival mechanism. Explore the data and human cost, and discover how some are turning concern into action. Read the full analysis.
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The Nigerian Naira appreciated against the US Dollar in both official and parallel markets as trading resumed after the Christmas break. Finance Minister Wale Edun reassures on economic stability. Get the latest CBN exchange rates here.
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.
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.
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.
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.
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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.
