The Federal Government explains how beneficiaries will be selected for its N50,000 National Emergency Relief and Stabilisation Intervention (NERSI) programme.
Check eligibility for the Federal Government’s ₦50,000 NERSI grant using five providers’ USSD codes, with details on SMS approval, wallet activation and scams.
The Federal Government rules out new taxes on telecom services and fuel despite IMF recommendations, affirming a focus on economic growth and a VAT waiver on fuels.
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.
The CBN's new regulations limit market share for banks and fintechs in Nigeria's digital payments, enhancing competition and reshaping the PoS ecosystem.
Food inflation in May 2026 eased to 16.96% year-on-year and 2.98% month-on-month, with Adamawa, Kwara, and Rivers recording the highest increases nationwide.
Food inflation in Nigeria has surged to 16.96% in May, impacting household incomes and living costs, with Adamawa seeing the highest rate at 29.62%.
NBS reports Nigeria inflation rises to 15.93% in May 2026, driven by food and core pressures, with Yobe, Anambra and Sokoto highest among states surveyed.
The naira slightly depreciates to N1,363.83/dollar amid limited dollar liquidity, while foreign portfolio investors dominate inflows, pushing up Nigeria's reserves
Nigeria’s Q1 2026 GDP shows mixed sectoral performance with strong growth in finance, mining, construction, ICT, and weak results in utilities and education.
Africa's economic map is shifting, with growth in manufacturing and technology. Key economies like South Africa and Nigeria face challenges amid new contenders.
Economy
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