That experience brought home a troubling reality: kidnapping in Nigeria is no longer merely a security challenge. It has become a thriving criminal industry, one that extracts enormous wealth from households, cripples economic productivity, devastates communities and leaves deep psychological scars on its victims.

Nigeria’s spending on petrol imports plunged by over 96% in Q1 2026, dropping to just ₦87.4bn, according to the National Bureau of Statistics (NBS).

Nigeria’s merchandise trade surplus surged to ₦7.55 trillion in Q1 2026, a 340.9% increase from the previous quarter, according to the National Bureau of Statistics (NBS).

Trade sector attracted $65.79m in foreign capital in Q1 2026, a 91.3% increase year-on-year from $34.39m in Q1 2025, according to the National Bureau of Statistics (NBS).

Foreign Investment in Telecoms Hits 4-Year Low   Foreign capital imported into Nigeria’s telecommunications sector fell to a four-year low of $7.24m in the first quarter of 2026, despite the 50 per cent tariff increase approved for operators last year. Data from the National Bureau of Statistics’...

The National Bureau of Statistics (NBS) has reported that the average cost of a healthy diet in Nigeria rose to ₦1,541 per adult per day in March 2026, up from ₦1,513 in February and ₦1,477 in March 2025.