The African Export‑Import Bank (Afreximbank) has reported a 25 percent increase in net income for the first quarter of 2026, driven by strong lending activities, disciplined balance sheet management, and improved profitability.
Nigeria’s aviation industry recorded its first contraction in nearly two years in Q1 2026, with air transport output plunging by 47.3% year-on-year in nominal terms, according to the National Bureau of Statistics (NBS).
The manufacturing sector contributed 9.57% to real GDP in Q1 2026, according to the National Bureau of Statistics (NBS), marking a rebound from the 7.40% share in Q4 2025.
The Seme Area Command of the Nigeria Customs Service (NCS) has generated ₦9.798 billion in revenue between March and May 2026, marking a sharp increase compared to the ₦2.188 billion collected in the same period of 2025.
Nigeria’s economy grew by 3.89% in real terms in Q1 2026, according to the National Bureau of Statistics (NBS), with expansion driven mainly by agriculture, telecommunications, financial services, construction, and trade.
Food inflation in Nigeria surged above 20% in 11 states in April 2026, according to the National Bureau of Statistics (NBS), marking renewed pressure on household purchasing power.
