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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.

FEC Okays $2.99bn for Three Major Rail Projects in Lagos, Kano, Kaduna

FEC Okays $2.99bn for Three Major Rail Projects in Lagos, Kano, Kaduna   The federal executive council (FEC) has approved contracts worth $2.99 billion for three major rail projects in Lagos, Kano, and Kaduna states. Speaking with State House correspondents after the weekly FEC meeting in Abuja...