Senate President Godswill Akpabio called out a senator who never invited him to commission a project in his constituency and covertly shaded late Muhammadu Buhari.
IMF reveals Nigeria's naira is undervalued by 25.6%, proposing a fair rate of N1,130/dollar amid ongoing forex reforms and urges CBN to maintain rate flexibility.
Food prices in Nigeria surge due to Ramadan demand and rising logistics costs, impacting staples like rice and tomatoes; global tensions threaten further inflation.
Naira depreciated to N1,353 per dollar as foreign exchange demand rises; Nigeria's reserves dip to $49.83bn amid soaring global oil prices and Middle East tensions.
Nigeria’s rail sector recorded a decline in passenger revenue and traffic in Q4 2025, despite modest growth in cargo transport and freight earnings.
Ogun's new Additional Pension Benefit offers retirees up to 280% of annual emoluments, ensuring timely payments and restoring trust, applauded by labour leaders.
Nigerian banks, led by CBN's new policy, raise savings interest rates. But inflation outpaces yields, leaving many households feeling financial strain.
The naira appreciates by 0.99% to ₦1,344.42/dollar, supported by $50 billion reserves amid rising oil prices and geopolitical tensions impacting market stability.
Dangote Industries secures a $4.2 billion gas deal for a $2.5bn fertiliser plant in Ethiopia, enhancing agriculture and creating thousands of jobs in East Africa.
The NBS reports February 2026 food inflation at 12.12% year-on-year, easing annual pressure, while month-on-month prices rose 4.69% due to beans, yam.
The CPPE warns rising global energy prices are squeezing Nigerian businesses, urging efficiency, renewable adoption, and government reforms to reduce costs.
Economy
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