Nigeria's Private Sector Ends 2025 on Strong Growth
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.
Category : Economy
2026 Nigeria Economy: 3 Trends to Watch
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.
Naira Exits Africa's Worst Currency List, Appreciates
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.
Naira Gains 7.14% as CBN Injects $7.5 Billion in 2025
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.
US Venezuela Action Poses Oil Price Risk to Nigeria - Expert
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.
FG Charts Path to $1 Trillion GDP Through Reforms
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.
Nigeria's Fuel Exports Jump 44%, Hits $3.42bn Surplus
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
US Minimum Wage Increases for 8.3M Workers in 2026
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.
Naira Appreciates 6.5% in 2025, Breaks 13-Year Record
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.
Naira Appreciates by Over N100 Against US Dollar in 2025
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
CBN Reports Fastest-Growing Subsectors in 2025
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.
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.
Green Industrialisation Wave Redefines Africa's Economy in 2026
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.
Naira Escapes Africa's 10 Weakest Currencies in 2025
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.
Naira Falls in 2025 Despite CBN Dollar Sales, Reserves Rise
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.
10 States Plan N4.28tn Borrowing for 2026 Budgets
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.
NECA Faults Ban on Sachet Alcohol, Warns of Job Losses
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 records $4.6bn BoP surplus in Q3 2025
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.
Reposition Private Sector for $3.4trn AfCFTA Gains – NBGN
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 Business Activity Expands in December, PMI Rises to 57.6
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.
Systemic Failures Test Nigeria's Patience in 2025
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.
Naira Gains Against Dollar as 2025 Ends, CBN Releases New Rates
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.
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.
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.
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