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Nigeria Lawmakers Approve Revised 2024 and 2025 Budgets

Nigeria’s House of Representatives approved revised 2024 and 2025 budgets, raising spending levels as the government adjusts to revenue limits and execution challenges.
News

Makinde Says He Is Qualified to Lead Nigeria

Oyo Governor Seyi Makinde says his record in governance and business qualifies him for Nigeria’s presidency as 2027 political talks intensify.
Business

Nigeria’s Inflation Surges to 24.23% as Food Prices Bite Harder

KEY POINTS Nigeria's inflation accelerates to 24.23% in March, with food prices rising 21.79%...
Business

Nigeria’s Inflation Hits 34.6 percent Amid Soaring Food Prices

Nigeria’s growing cost of living reaches 34.6 percent, as food prices soar, subsidy removal takes effect.
Business

Nigeria’s Inflation to Hit 34.64% as Cost Pressures Mount

Nigeria's inflation is forecast to hit 34.64%, driven by food prices, cost pressures, and sticky core inflation, according to Financial Derivatives analysts
News

Nigerian Families Struggle as Food Prices Soar Amid Inflation

Nigerian families face severe hardship as food prices soar due to inflation. The government seeks solutions to tackle the rising costs.
News

Nigeria’s Inflation Climbs to 34.19% in June, Driven by Food Prices

Nigeria's inflation rate rose to 34.19% in June, driven by rising food prices. This significant increase poses serious concerns for the economy and citizens.
News

More Naira, Less Value: Inflation Erodes ₦7.6 Trillion in Consumer Spending

Inflation in Nigeria has wiped out ₦7.6 trillion in consumer spending, highlighting severe economic challenges and declining purchasing power for households
News

Nigerian Families Grapple with Triple Economic Crisis

In a season of triple shocks, Nigerian families are battling to contain an escalating...
News

Inflation Hits Nearly 30%, Highest Since 1996

Nigeria's inflation rate reaches nearly 30% amid skyrocketing food prices and currency devaluation. Government faces mounting pressure to stabilize economy and alleviate financial strain on households.
News

Nigeria’s Hunger Crisis Deepens as Food Prices Skyrocket

Nigeria, Africa’s most populous nation, is facing a worsening food insecurity situation as the...
News

Nigeria on the Brink of Food Crisis as Staple Food Prices Skyrocket, AFEX Report Reveals

Nigeria, the most populous nation in Africa, is on the brink of a food...
Business

Nigeria’s Inflation Hits New High, Food Prices Soar

Nigeria’s inflation rate has risen for the 10th consecutive month, reaching 27.33% in October,...
Business

Soaring Food Prices Hit Nigerian Diets Amid Inflation

With inflation hitting 30% and the Naira trading at 1000/$, over 90% of Nigerians...
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News

Nigeria Lawmakers Approve Revised 2024 and 2025 Budgets

Nigeria’s House of Representatives approved revised 2024 and 2025 budgets, raising spending levels as the government adjusts to revenue limits and execution challenges.
News

Makinde Says He Is Qualified to Lead Nigeria

Oyo Governor Seyi Makinde says his record in governance and business qualifies him for Nigeria’s presidency as 2027 political talks intensify.
News

Nigeria Clears China of Role in Illegal Mining Claims

Nigeria’s government says illegal mining in Nigeria is driven by local actors, not China, as authorities outline reforms to tighten oversight and protect mining communities.
News

Nigeria Leads Africa as Instant Payments Near $2 Trillion Milestone

Nigeria’s instant payments platform has set the pace in Africa, as digital transactions across the continent surge toward the $2 trillion mark.

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