Tinubu Defends $21.7 Billion Borrowing Push, Ties Loans to $1 Trillion Economy Goal
President Bola Tinubu has defended his administration’s planned external borrowing, arguing that loans should be judged by the infrastructure they ...
Tag: #inflation
Nigeria’s Stability Score Stands at 4.3 as Security Rating Slips to 1.6
Nigeria posted an overall Stability Score of 4.3 out of 10 in August 2026, with security emerging as the weakest ...
FG and CBN Sign Six-Point Agreement to Curb Inflation and Stabilise Fuel Prices
The Federal Ministry of Finance and the Central Bank of Nigeria have formalised a Memorandum of Understanding that sets out ...
Energy Inflation Falls to 4.37% in July, Lowest Level in Four Months
Nigeria’s energy inflation rate declined to 4.37 per cent in July 2026, its lowest reading in four months, according to ...
Naira Hits Five-Month High as Dollar Falls to N1,343.32 on CBN Reforms
The naira strengthened by about N9 against the US dollar on Tuesday, August 18, 2026, closing at N1,343.32 per dollar ...
Inflation Rate Falls to 15.43% in July, NBS Reports
Nigeria’s headline inflation rate declined to 15.43 per cent in July, according to the National Bureau of Statistics. The figure ...
Food Inflation Climbs to 20.31% in July, Marking Fifth Straight Monthly Rise
Nigeria’s food inflation rate rose to 20.31 per cent in July from 17.52 per cent in June, an increase of ...
Petrol Prices Rise at Major Depots as Global Crude Oil Rebounds to $76.20 per Barrel
Major petroleum depots in Nigeria have increased the ex-depot price of petrol following a fresh rally in international crude oil ...
NNPC Lowers Petrol Price to N1,210 per Litre in Lagos and Abuja
The Nigerian National Petroleum Company (NNPC) Limited has reduced the retail price of petrol at its filling stations nationwide, citing ...
Nigeria Records N366bn Drop in Exports to US as Imports Surge in Q1 2026
Nigeria’s exports to the United States declined significantly by N365.64 billion in the first quarter of 2026, even as imports ...
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