Naira Holds Firm at N1,380/$ as FX Inflows Reach One-Year High
The Nigerian naira maintained stability against the US dollar in the official foreign exchange market on Thursday, closing at N1,380.11 ...
Tag: #inflation
S&P Global Raises Nigeria’s 2026 Inflation Forecast to 16.9% Amid Energy Pressures
Global ratings agency S&P Global has revised its inflation projection for Nigeria upward to 16.9% for 2026, citing stronger-than-expected transmission ...
FG Dismisses Plans for New Taxes on Fuel and Telecoms
The Federal Government has strongly refuted reports claiming it intends to introduce new taxes on petroleum products and telecommunications services, ...
Nigeria’s Inflation Climbs to 15.93% in May as Price Pressures Persist
Nigeria’s headline inflation rate rose for the second consecutive month, reaching 15.93% in May 2026, up from 15.69% recorded in ...
Naira Holds Steady at N1,361/$ as Dollar Gains Support from Robust US Jobs Data
The Nigerian naira traded with relative stability in the official foreign exchange market during the first half of the week, ...
Petrol Price Rises Sharply to ₦1,532.93 per Litre in April – NBS
The average retail price of Premium Motor Spirit (petrol) in Nigeria increased significantly to ₦1,532.93 per litre in April 2026, ...
Cost of Healthy Diet Rises to N1,541 Per Day as Food Expenses Climb
The average cost of consuming a healthy diet for an adult in Nigeria increased to N1,541 per day in March ...
Cement Prices Climb to N12,000 per Bag as BUA Points to Forex and Energy Challenges
The price of a 50kg bag of cement in Nigeria has risen to N12,000 in several states, intensifying concerns over ...
Is the World Underestimating Nigeria?
For years, conversations about the future of global power have sounded familiar. China. The United States. India. Perhaps the European ...
CBN’s 50% CRR Policy Costs Nigerian Banks N2.5 Trillion in Annual Earnings – Report
Nigerian banks are losing approximately N2.5 trillion in potential earnings every year due to the Central Bank of Nigeria’s high ...
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