Bandits ambushed police officers on the Sokoto–Gusau road in Zamfara, with some feared dead and others reportedly abducted while travelling to an APC primary.
Rice prices in Lagos recorded mixed changes in October, with a 50kg bag of imported long-grain rice selling for N53,375, while local rice remained unchanged.
Nigeria’s inflation eased to 15.10% in January 2026, while food inflation slowed sharply, signaling moderating price pressures and improved affordability nationwide.
The NRS has announced plans to introduce a new electronic invoicing platform aimed at improving tax administration for medium-sized businesses across the country.
The African Development Bank Group has approved a $200 million loan to support Nigeria’s agricultural sector under the second phase of the NAGS-AP.
The CEO of the CPPE, Dr Muda Yusuf, has said Nigeria’s January 2026 inflation figures point to a “real disinflation” trend, raising concerns about farmers’ incomes.
Nigeria's food inflation drops to 8.89% in January 2026, its lowest in a decade. Government policies and a stronger naira lead to reduced staple prices nationwide.
Central Bank of Nigeria reveals new guidelines for Bureau De Change operators this week as naira rises to N1,390 per dollar, easing the exchange rate gap.
Naira appreciates to N1,390 per dollar, narrowing the gap with official rates to N35. Central Bank efforts stabilise Nigeria's currency, enhancing market confidence.
Nigeria waives ₦3 billion in business name registration fees for MSMEs, leading to a surge of 60,000 registrations, unlocking vital growth opportunities for SMEs.
Leadership mindset drives Nigeria's revenue reform success, emphasising integrity and transparency. Transforming institutions relies on evolving personal beliefs.
Economy
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