Nigeria's electricity regulator says the federal government absorbed N418.79bn in power subsidies in the fourth quarter of 2025, as sector losses exceeded N300bn.
Nigeria's inflation is forecast to hit 34.64%, driven by food prices, cost pressures, and sticky core inflation, according to Financial Derivatives analysts
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.
Inflation in Nigeria has wiped out ₦7.6 trillion in consumer spending, highlighting severe economic challenges and declining purchasing power for households
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.
Nigeria's electricity regulator says the federal government absorbed N418.79bn in power subsidies in the fourth quarter of 2025, as sector losses exceeded N300bn.