Economy

FG NERSI ₦50,000 Grant: How To Prepare For Batch B Relief Payment

The Federal Government has released guidelines explaining how Nigerians can prepare to receive the ₦50,000 National Emergency Relief and Stabilisation…

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World Bank Raises Alarm as Developing Countries’ External Debt Hits Record $9.4 Trillion

The World Bank has raised concerns over the rising debt burden of developing countries after their external debt increased by…

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CBN Mops Up ₦3.46 Trillion in OMO, Treasury Bills Auctions, Keeps Rates Unchanged

The Central Bank of Nigeria (CBN) has allotted approximately ₦3.46 trillion across its Open Market Operations (OMO) and Nigerian Treasury…

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FG Rules Out Return to Fuel Subsidy, Multiple Exchange Rates

The Federal Government has ruled out a return to fuel subsidies and multiple exchange rates, insisting that its economic reforms…

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Naira maintains N1,765/£1 band against British Pound amid increased FX supply

The naira has remained relatively stable against the British pound, with the latest Central Bank of Nigeria (CBN) data showing…

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BREAKING: Nigeria’s Inflation Rate Drops to 14.63% in September 2026

Nigeria’s headline inflation rate has dropped to 14.63 per cent in September 2026, down from 15.39 per cent recorded in…

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Nigeria Ranks Worst Globally for Affording Baby Formula, Nappies

By Our Reporter Nigeria has emerged as the least affordable country for baby formula, nappies and baby clothing, according to…

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Electricity Access, Not Megawatts, Will Define Nigeria’s Power Sector Performance – Minister Tegbe

By Aliyu Oyewole Minister of Power, Joseph Tegbe, has announced a shift in how Nigeria will measure the performance of…

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Nigeria Spent N1.16trn On Fuel Subsidy-RMAFC

By Our Reporter The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disclosed that Nigeria spent more than ₦2.36 trillion…

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Just In: OAU Unveils Orí Olókun as Official Mascot for WAUG 2026 Ahead of Regional Games

By Aliyu Oyewole Obafemi Awolowo University (OAU), Ile-Ife, has officially unveiled Orí Olókun as the mascot for the 15th edition…

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