The Federation Account Allocation Committee (FAAC) shared ₦2.3 trillion among the Federal Government, states, and local governments

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). 

Public Sector Pension Remittance Jumps by 235% in Q4 2025   Public sector pension contributions surged 234.85 per cent to N550.96bn in the fourth quarter of 2025, highlighting stronger compliance with Nigeria’s Contributory Pension Scheme and the settlement of outstanding pension arrears. This was disclosed in the...

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).