Poverty Rate Climbs to 63% in 2025 Despite Sharp Drop in Inflation – World Bank
Nigeria’s poverty rate increased to 63% in 2025, equivalent to about 140 million people living below the poverty line, even ...
Tag: #Nigeria
World Bank Affirms Nigeria’s Economic Growth Remains on Track Despite Iran Conflict.
The World Bank has maintained that Nigeria’s economic growth trajectory remains intact for the first half of 2026, even as ...
Nigeria’s Inflation Eases to 15.06% in February 2026 Amid Mixed Price Pressures
Nigeria's headline inflation rate edged down slightly to 15.06% in February 2026, according to the latest Consumer Price Index (CPI) ...
Nigeria Still Imports 1.3 Billion Litres of Petrol in December Despite Dangote’s Growing Output
Nigeria imported around 1.31 billion litres of petrol in December 2025, even as the Dangote Petroleum Refinery ramped up its ...
Nigerian Passport Climbs to 89th Globally in 2026 Henley Index, Gains Visa-Free Access to 44 Destinations
Nigerians received a modest but welcome boost in international mobility today as the latest Henley Passport Index ranked the country’s ...
Nigeria’s Fuel Import Bill Plunges 54% in Two Years as Domestic Refining Gains Ground
Nigeria has achieved a major milestone in its long battle against fuel import dependence, with spending on imported refined petroleum ...
Nigeria Sees $14 Billion Foreign Investment Influx in 2025, Marking Turnaround
Driven by a series of economic reforms, Nigeria attracted nearly $14 billion in foreign investment in the first nine months ...
2026: The Year Nigeria Goes Fully Digital, Raises New Taxes and Tightens the Purse
Come January 1, everyday life with government is about to change whether you’re ready or not. The Federal Government has ...
Nigeria’s Private Sector Borrowing Hits Record N117.78 Trillion, Up 76% in Two Years
Bank lending to businesses and households in Nigeria has surged to an unprecedented N117.783 trillion as of September 2025, reflecting ...
Nigeria’s Broad Money Supply Shrinks 1.6% to N117.8 Trillion in September
Nigeria’s broad money supply (M2) contracted by 1.58% month-on-month to N117.8 trillion in September 2025, down from N119.7 trillion the ...
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CBN Prepares for N8.57 Trillion Liquidity Influx as OMO and Bond Maturities Hit Banks
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Nigeria Loses $16 Trillion to Natural Gas Flaring in a Decade – FG
