Nigeria’s external reserves climbed by over $1 billion in the first half of June 2026, strengthening the country’s foreign exchange buffers, according to Central Bank of Nigeria (CBN) data.

Headline inflation has climbed to 15.93% in May 2026, according to the latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS). 

Again, Senate Extends 2025 Capital Budget Implementation to September   The Nigerian Senate has approved a three-month extension for the capital component of the 2025 Appropriation Act, shifting the deadline from June 30 to September 30, 2026. The move, adopted after a motion by Senator Tahir Monguno,...

Tinubu Unveils N4tn Power Sector Rescue Plan, Targets Improved Electricity Supply ‎ ‎President Bola Ahmed Tinubu has unveiled a fresh N4 trillion intervention plan aimed at revitalising Nigeria’s struggling electricity sector, describing reliable power supply as a critical component of his administration’s economic transformation agenda. ‎ ‎Speaking during...

FG Commits Record N5.41tn to Security as Tinubu Intensifies War Against Terror   ‎ ‎President Bola Ahmed Tinubu has disclosed that the Federal Government has earmarked a record N5.41 trillion for defence and security in the 2026 budget, underscoring his administration's determination to intensify the fight against...

Telecoms Add $220bn to Africa’s GDP – Report   The telecommunications sector contributed $220bn to Africa’s economy in 2024, equivalent to 7.7% of GDP, according to the GSMA Mobile Economy Africa 2025 report. Speaking at a telecoms policy event in Kinshasa attended by President Félix Tshisekedi, Airtel...