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CBN Keeps Rates Unchanged Despite OPS Warnings on Manufacturing Slowdown

CBN Keeps Rates Unchanged Despite OPS Warnings on Manufacturing Slowdown   The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Wednesday retained the benchmark interest rate at 26.5 per cent, citing rising external risks, renewed inflationary pressure, and the need to sustain...

Food Inflation Tops 20% in 11 States

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.

Nigerians Spend ₦5.43trn on Petrol in Q1 2026

Nigerians spent at least ₦5.43 trillion on petrol in Q1 2026, according to analysis of data from the NMDPRA and the National Bureau of Statistics (NBS).

Nigeria to Attract $20bn in FDI in 2026 – Tinubu

Nigeria to Attract $20bn in FDI in 2026 - Tinubu President Bola Tinubu on Thursday said Nigeria is on course to attract close to $20 billion in foreign direct investment in 2026 alone. He attributed the figure to his administration’s systematic removal of regulatory bottlenecks, macroeconomic...

Inflation Forecast to Hit 15.95% in Sceond Straight Monthly Rise

Inflation Forecast to Hit 15.95% in Sceond Straight Monthly Rise   Nigeria’s cooling inflation era has hit a significant geopolitical roadblock. After nearly a year of steady decline, headline inflation is projected to climb for the second consecutive month, reaching 15.95 per cent in April 2026. According...

2026: Early Signs of Success from Nigeria’s Tax Reforms, by Zekeri Idakwo Laruba

What began on January 1, 2026 as one of Nigeria’s most debated fiscal overhauls is steadily evolving into a reform story defined not by public outrage, but by rising confidence, stronger compliance, and visible economic relief for millions of workers and small businesses.