Real Time Financial News Website
Nigeria’s bold economic reforms over the past two years—though painful and controversial—are now being closely reassessed as global uncertainty intensifies. Measures such as fuel subsidy removal, foreign exchange liberalisation, and…
As Nigerians await the April inflation data from the National Bureau of Statistics (NBS), a survey of seven economists suggests that price pressures are likely to remain high, even with…
Egypt’s inflation rate slowed in April 2026, offering a rare sign of relief for consumers after months of persistent price increases. According to new data released by the Central Agency…
Nigeria is expected to record a significant boost in oil earnings in 2026, with new projections suggesting an additional N6.8 trillion windfall driven by rising global crude prices. The outlook…
Nigeria is on track to record stronger foreign exchange inflows as global crude oil prices climb above $105 per barrel, driven by escalating geopolitical tensions in the Middle East and…
Nigeria’s economy recorded a significant milestone in 2025 as its dollar-denominated gross domestic product (GDP) rose by 22 per cent to about $307 billion, signalling renewed growth momentum and improved…
Cooking gas prices in Nigeria recorded another sharp increase in March 2026, placing additional pressure on households already struggling with rising living costs. According to the latest Liquefied Petroleum Gas…
Nigeria recorded a significant rise in foreign currency-denominated tax collections in 2025, as total receipts climbed to N6.33 trillion. According to data from the National Bureau of Statistics (NBS) analysed…
Nigeria’s tax system saw a major shift in 2025 as foreign currency-denominated tax receipts climbed to N6.33tn, reflecting rising exposure to global trade and continued naira volatility. The figure was…
Nigeria’s economic managers are standing firm on their long-term goal of achieving single-digit inflation, even as global instability and fresh domestic price pressures continue to challenge progress. Central Bank of…
Shell is making a massive long-term bet on natural gas with a $16.4 billion agreement to acquire Canada’s ARC Resources, a move designed to strengthen its position in the growing…
Food prices in Nigeria continue to climb, even as the Federal Government ramps up spending on interventions and imports. In 2025 alone, the country recorded a staggering N7.65 trillion in…
Security, economic, and policy analysts have warned that the ongoing Iran–Israel–US conflict is exposing serious gaps in Nigeria’s ability to respond to global economic shocks. According to them, the country’s…
Nigeria’s inflation is expected to keep rising in the coming months following a sharp increase recorded in March 2026, as analysts warn that both global shocks and domestic economic pressures…
Nigeria recorded a marginal improvement in its all-commodity terms of trade (ToT), which rose by 0.01 per cent in the fourth quarter (Q4) of 2025, according to the latest data…
The International Monetary Fund (IMF) has raised alarm over worsening food security in Sub-Saharan Africa, warning that more than 20 million people could fall into severe food insecurity due to…
Nigeria’s inflation rate climbed to 15.38% in March 2026, signaling a fresh wave of price pressures across the economy despite earlier signs of moderation. The latest figures, released by the…
Nigeria’s inflation rate is projected to rise in March 2026, signaling an end to nearly a year of easing price pressures, as the ripple effects of the escalating US-Iran conflict…
Nigeria is undergoing what economists describe as a “silent currency redenomination,” not through official policy, but through inflation and changing consumer behavior. Without any announcement from the Central Bank of…
In Nigeria, the fixed income market delivered a mixed performance in March 2026, as investors weighed easing liquidity conditions and moderating inflation against rising global uncertainties. While domestic demand for…
Ghana has placed its economic recovery story on the global stage at the ongoing IMF and World Bank Spring Meetings hosted by the International Monetary Fund and the World Bank…
The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has revealed that Nigeria would have spent as much as N52 trillion on fuel subsidies in 2026 if the…
Nigeria’s total public debt climbed to N159.28 trillion as of December 31, 2025, according to fresh data released by the Debt Management Office (DMO). The increase reflects a steady rise…
The Federal Government has announced plans to pursue cheaper funding and stronger international financial support as escalating global tensions continue to strain Nigeria’s economy. Officials say the move is aimed…
Nigeria’s foreign exchange reserves are projected to decline to about $47 billion by the end of 2026, according to Fitch Ratings. The agency said the outlook reflects ongoing external pressures…
Nigeria’s economy is once again under pressure as global crude oil prices edge toward the $100-per-barrel mark following escalating geopolitical tensions in the Middle East. A reported naval blockade of…
Fitch Ratings has projected that Nigeria’s external reserves will decline to around $47 billion by the end of 2026, despite ongoing economic reforms aimed at strengthening stability in the foreign…
The naira appreciated to ₦1,365 per dollar on Thursday, extending gains as the U.S. dollar weakened across global markets. The local currency improved from ₦1,369/$ recorded on Wednesday, according to…
The Nigerian naira showed relative stability against the British pound sterling, closing at N1,862/£1 in the official foreign exchange market on Thursday, April 9, 2026. Despite fluctuations in global currency…
Nigeria’s poverty rate climbed to 63% in 2025, even as inflation showed signs of easing, according to a new World Bank report. The findings highlight a widening gap between macroeconomic…