Nigeria could reduce its inflation rate to 13 per cent by 2026 if key economic conditions, particularly currency stability and improved food supply, are effectively sustained,...
The National Bureau of Statistics (NBS) has announced plans to adjust Nigeria’s December 2025 inflation figures amid projections of a sharp spike in headline inflation, a...
In the face of rising inflation, food insecurity, and economic hardship, eight Nigerian governors have approved trillion-naira spending plans for 2026, signing their respective Appropriation Bills...
The Nigerian Senate has approved the 2026–2028 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), endorsing a N54.46 trillion federal spending plan aimed at...
The Egyptian government has announced a one-year freeze on domestic fuel prices following another increase in petroleum product costs, as part of ongoing economic reforms supported...
CBN’s Rate Cut, Stable Prices Strengthen Economic Outlook Across Africa The World Bank has raised Nigeria’s 2025 economic growth forecast to 3.8%, citing easing inflation, stabilising...
Nigeria’s inflation rate has continued on a downward trend, easing for the fifth consecutive month to 20.12 percent in August 2025. This marks a 1.76 percentage...
Nigeria’s inflation rate declined to 24.48% year-on-year in January 2025, following a rebasing of the Consumer Price Index (CPI), according to the National Bureau of Statistics...
The Nigerian Economic Summit Group (NESG) has projected that the country has the potential to achieve a 5.5% growth in Gross Domestic Product (GDP) if critical...
The Nigerian Communications Commission (NCC) has approved a 50 percent increase in tariffs for phone calls, SMS, and data services, sparking mixed reactions from stakeholders and...
