Inflation above 30% in 19 states, FCT despite national easing
Despite a slight decline in Nigeria’s headline inflation rate, millions of Nigerians across the country continue to grapple with rising…
Category: Macroeconomic
Food prices now biggest threat to Nigeria’s inflation, beyond CBN control—Analysts
Nigeria’s battle against inflation is entering a new phase, and experts say food prices are now the biggest concern. Analysts…
Nigeria Inflation Rate Drops to 15.91% in June as Food Prices Continue to Climb
Nigeria’s inflation rate recorded a marginal decline in June 2026, offering a glimmer of relief for consumers and businesses navigating…
BREAKING: Nigeria’s inflation eases to 15.91% in June despite rising food prices
Nigeria’s headline inflation rate edged lower to 15.91% in June 2026, compared to 15.93% recorded in May, according to the…
Nigeria’s Economic Gains Face Tough Test as Inflation, Debt and Election Risks Cloud H2 2026 Outlook
Nigeria entered 2026 on a relatively strong footing, buoyed by a recovering naira, easing inflationary pressures and stronger economic growth…
Treasury Yields Rise as Investors Brace for Key U.S. Inflation Report
U.S. Treasury yields moved slightly higher on Thursday as investors turned their attention to a crucial inflation report expected to…
Five states receive 21.2 per cent of VAT disbursement in April
Five Nigerian states have collectively taken a significant share of the country’s value-added tax (VAT) revenue, receiving N87 billion in…
Stock Futures Fall as Iran Peace Talks and Inflation Data Keep Investors on Edge
U.S. stock futures slipped early Monday as investors reacted cautiously to fresh progress in Iran peace negotiations while bracing for…
Nigeria’s Foreign Reserves Surge Past $50bn, Add $1.01bn in Two Weeks Amid FX Reforms
Nigeria’s foreign exchange reserves have crossed a major psychological milestone, rising above $50 billion after gaining more than $1.01 billion…
Inflation Climbs Toward 16% as Geopolitical Tensions and Rising Costs Pressure Nigerian Economy
Nigeria’s inflationary pressure continued its steady climb in May 2026, with the headline inflation rate rising to 15.93%, according to…
Nigeria’s Non-Oil Export Drive Gains Momentum Amid Push for Long-Term Economic Stability
Nigeria recorded a strong external trade performance in the first quarter of 2026, posting a trade surplus of ₦7.55 trillion,…
Nigeria Economic Reforms Gain IMF Support as FG Vows to Sustain Policy Drive
The Federal Government of Nigeria has welcomed the latest assessment from the International Monetary Fund, describing it as strong validation…
IMF Backs Nigeria’s Economic Reforms but Warns of Rising Poverty and Food Insecurity
The International Monetary Fund (IMF) has once again expressed support for Nigeria’s ongoing economic reforms, acknowledging that the country is…
Nigeria Raises NTB Offer to N4.8 Trillion as Borrowing Pressure Surges in Q2 2026
Nigeria’s debt market is seeing a sharp shift as the Debt Management Office (DMO) has expanded its Nigerian Treasury Bills…
IMF Warns Against Costly Subsidies as Food Inflation Rises Globally
The International Monetary Fund (IMF) has issued a strong warning to governments worldwide, advising them to avoid sweeping subsidies, fuel…
Nigeria’s 3.89% GDP Growth Fails to Lift Living Standards Despite Economic Gains – MoneyAfrica
Nigeria’s economy recorded a 3.89% year-on-year growth in the first quarter of 2026, but fresh analysis from investment research firm…
Nigeria Economy Q1 2026: Best and Worst Performing Sectors as Growth Strengthens but Risks Persist
Nigeria’s economy is showing clearer signs of stability in 2026, with stronger macroeconomic indicators compared to the previous year. After…
Nigeria External Reserves Hit $49.26bn as Naira Gains Stability Near $50bn Milestone
Nigeria’s external reserves have climbed to $49.26 billion, marking a four-month high and edging closer to the symbolic $50 billion…
Tinubu’s Economic Reforms Stabilise Nigeria’s Economy, But Welfare Gains Still Lag – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) says President Bola Tinubu’s first three years in office have largely…
Nigeria Shifts From Economic Reforms to Growth Phase — Oyedele
Nigeria is entering a new phase of its economic journey, moving from painful reforms into a period of expected growth,…
CBN Injects N9.71 Trillion Through OMO Bills as Naira Gains N19.67 Against Dollar in April
Nigeria’s foreign exchange market showed signs of renewed stability in April 2026, with the naira appreciating by N19.67 against the…
Nigeria’s GDP Grows 3.89% in Q1 2026 as Agriculture and Services Power Economic Expansion
Nigeria’s economy began 2026 on a stronger footing, with the country’s Gross Domestic Product (GDP) expanding by 3.89% year-on-year in…
Nigeria Credit Rating Upgrade 2026: FX Reforms and Fiscal Policies Drive S&P Boost
Nigeria’s economic reform drive has earned fresh global recognition after ratings agency S&P Global Ratings upgraded the country’s sovereign credit…
CBN MPC Meeting: Analysts Predict No Change in Interest Rate as Inflation Pressures Persist
Nigeria’s monetary policy outlook is set for a cautious stance as the Central Bank of Nigeria (CBN) Monetary Policy Committee…
Nigeria Inflation Rises to 15.69% in April 2026
Nigeria inflation rises to 15.69% in April 2026, according to the latest Consumer Price Index report released by the National…
Zambia Slashes Interest Rate to 13.25% as Inflation Cools Amid Global Uncertainty
Zambia Continues Easing Cycle with Third Rate Cut Zambia’s central bank has lowered its benchmark interest rate to 13.25% from…
FX Inflows Hit $112.27bn as Autonomous Dollar Sources Dominate Nigeria’s FX Market in 2025
Nigeria’s foreign exchange market underwent a major structural shift in 2025, as total FX inflows climbed to $112.27 billion, with…
Nigeria Inflation Set to Rise Again as FMDA Projects 16.42% April Rate Amid Food and Energy Pressures
Nigeria’s inflation outlook is once again turning upward, as the Financial Market Dealers Association (FMDA) projects that headline inflation will…
Nigeria Debt Servicing to Hit $11.6bn in 2026, Tinubu Warns of Economic Strain on Growth
President Bola Ahmed Tinubu has revealed that Nigeria is projected to spend a staggering $11.6 billion on debt servicing in…
Nigeria Inflation to Hit 16% in April as Fuel Price Surge Drives Cost Pressures – FDC
Nigeria’s inflation rate is expected to climb to 16 percent in April 2026, up from 15.38 percent recorded in March,…