Economic

Latest Economic News

FAAC Disburses N2.036trn March Revenue to FG, States, LGAs

The Federation Account Allocation Committee has disbursed a total of N2.036 trillion…

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NGX Hits Record High as Lafarge Drives Market Rally

Nigeria’s equities market extended its bullish run on April 21, 2026, as…

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Naira appreciates to N1,387/$ in parallel market

The naira recorded mixed performance across foreign exchange markets, appreciating slightly in…

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Naira Strengthens to N1,345/$ at Official Market, Trades N1,390–N1,405 on Parallel Market

The Nigerian currency, the naira, recorded a marginal appreciation on Tuesday as…

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CBN: Reforms Shield Nigeria from Worse Economic Shock

The Central Bank of Nigeria has defended its recent policy decisions, stating…

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IMF Warns Of Tougher Times For Nigerians Amid Rising Costs

The International Monetary Fund has warned that Nigerians may face more difficult…

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FG Rules Out IMF Loan Despite $50bn Fund

The Federal Government has ruled out plans to seek financial support from…

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Naira Trades at N1,340/$ Officially, N1,250 on Parallel Market

The Nigerian naira maintained relative stability at the official market but weakened…

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Nigeria Inflation Hits 15.38%

Nigeria’s inflation rate has climbed again, signaling renewed pressure on households already…

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Benin, Togo, Niger Owe Nigeria $9.55m for Power

Three West African countries — Benin, Togo, and Niger — owe Nigeria…

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