Atiku Abubakar, the former vice president of Nigeria, has broken the silence, as his son dumped him for the camp of President Bola Tinubu and joined the APC.
Nigerians will face a new 7.5% VAT on digital banking services from January 2026, sparking concerns over financial strain amid criticism from consumer groups.
PwC projects Nigeria’s poverty rate will reach 62 percent by 2026, leaving about 141 million people poor as weak incomes and high living costs persist.
Naira begins 2026 strong despite a 20.67% decline in FX inflows, backed by local sources supplying FX, as disparity grows between official and parallel markets.
Nigeria's 2026 budget faces uncertainty as oil earnings hinge on global supply challenges and competition from Venezuela. Experts urge diversification.
The CPPE has warned that the reform could fail unless it is implemented gradually and with strong consideration for Nigeria’s economic and political realities.
The naira appreciates to N1,430.84 per dollar, driven by improved FX supply and CBN reforms, as analysts project stability in 2026 amid declining volatility.
The Nigerian government opens portal for free business registration with the aim to capture the informal sector and grow small, medium enterprises nationwide.
The Central Bank of Nigeria mandates banks to enhance cash availability, enabling a stress-free festive season for Nigerians amid rising digital transactions.
Nigeria's economy faces a tighter foreign exchange market and rising living costs in 2026, with digital finance growing amid challenges in consumer protection.
The CBN's $7.53 billion intervention stabilised the naira, noting a 7.14% gain in 2025, reversing past deficits with a $4.60 billion balance of payments surplus.
Economy
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