Nigeria’s electricity, gas, steam and air-conditioning supply sector contracted by 10.63% year-on-year in real terms in the second quarter of 2026, marking its second consecutive quarterly...
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Federal Government to lower production costs and accelerate power-sector reforms as Nigeria’s real Gross...
President Bola Ahmed Tinubu has welcomed Nigeria’s 4.43 per cent economic growth recorded in the second quarter of 2026, saying the figure shows that his administration’s...
Nigeria’s economic reforms have generated N20.40trn in incremental Federal Government resources, but the fiscal pressures associated with the reforms have risen to N30.64trn. The figures were...
Nigeria’s headline inflation rate slowed to 15.43 per cent in July from 15.91 per cent in June, but the latest Consumer Price Index data point to...
Nigeria’s headline inflation rate eased marginally to 15.91 per cent in June 2026 from 15.93 per cent in May, extending the country’s disinflation trend but highlighting...
By Àkànní Olúwaségún Michael For many Nigerian households, staples such as onions, tomatoes, pepper, yam, maize and beans are becoming increasingly expensive, as food inflation rose...
By Àkànní Olúwaségún Michael Nigeria’s financial services, mining and manufacturing sectors remained the backbone of company income tax (CIT) revenue in the first quarter of 2026,...
RELIEF: Tax reforms designed to make healthcare more affordable reshape sector's contribution to government revenue
By Àkànní Olúwaségún Michael Nigeria recorded a merchandise trade surplus of N7.55 trillion in the first quarter of 2026, a 340.88 per cent jump from the...
By Àkànní Olúwaségún Michael A family of five adults in Nigeria now needs a minimum of N231,000 every month simply to meet healthy dietary requirements, as...
By Àkànní Olúwaségún Michael Foreign investment into Nigeria’s telecommunications sector dropped to a four-year low in the first quarter of 2026 despite a tariff increase approved...
The National Bureau of Statistics (NBS) said Nigeria’s total capital importation rose to $10.37 billion in the first quarter (Q1) of this year. The figure represents...
By Àkànní Olúwaségún Michael Nigeria’s economy recorded a real Gross Domestic Product (GDP) growth of 3.89% year-on-year in the first quarter of 2026, marking an improvement...
Nigeria closed 2025 with a notable easing in inflationary pressure as headline inflation slowed to 15.15 per cent in December, according to figures released by the...
BY Blaise Udunze Nigeria stands today at a troubling intersection where its ballooning debt profile and the 27 percent Monetary Policy Rate (MPR) collide to choke...
The National Bureau of Statistics (NBS) has announced that Nigeria’s Gross Domestic Product (GDP) grew by 4.23% in the second quarter of 2025 (Q2’25), marking a...
Nigeria’s headline inflation eased to 20.12% in August 2025, down from 21.88% in July, according to the latest data from the National Bureau of Statistics (NBS)....
Nigeria’s total capital importation surged to $5.64 billion in the first quarter of 2025, surpassing the $3.38 billion recorded in the same period of 2024. According...
The National Bureau of Statistics (NBS) has revealed that Nigeria’s Gross Domestic Product (GDP) reached N372.8 trillion in 2024 following a comprehensive rebasing exercise. The statistical...
