A War Far Away, A Crisis at Home: Ten Days That Reshaped Nigeria’s Economy
On February 28, 2026, joint US-Israeli strikes under Operation Epic Fury killed Iran's Supreme Leader and obliterated its nuclear infrastructure. ...
Tag: Inflation
Global Food Waste Crisis Costs Economy One Trillion Dollars
The 2024 Food Waste Index Report, published by the United Nations, has revealed a staggering disconnect in the global food ...
Dangote Refinery Raises Fuel Prices Again as Global Oil Surge Bites
Dangote Petroleum Refinery has implemented its fourth fuel price adjustment since March 2, raising ex-depot prices for petrol and diesel ...
Smartphone Prices May Jump 15% as AI Boom Drives Global Chip Crunch
Nigerian consumers and businesses face the prospect of significantly higher smartphone prices in coming months as a global chip shortage, ...
Oil Prices Surge Past $100 as Middle East Conflict Threatens Global Supply
Global oil prices have surged above $100 per barrel for the first time in nearly four years, as escalating military ...
Nigerians Repay ₦1.33tn Loans as Debt Drops
In a major shift toward household deleveraging, Nigerians repaid approximately ₦1.33tn in personal loans over a twelve-month period, driven by ...
Lagos Petrol Prices Surge Past ₦1,000 Mark
The landscape of fuel retail in Lagos underwent a sharp shift on Saturday, March 7, 2026, as motorists converged on ...
Nigeria’s Money Supply Contracts as CBN Intensifies Liquidity Tightening
Nigeria's broad money supply fell to a four-month low in January 2026, signaling the effectiveness of the Central Bank of ...
West African Central Bank Cuts Rate to 3% as Inflation Eases
The Central Bank of West African States (BCEAO) has reduced its main policy interest rate by 25 basis points to ...
Petrol Price Surges Past N900 as Geopolitical Tensions Rattle Global Oil Markets
Petrol prices have risen sharply across Nigeria, placing fresh strain on households and businesses at a moment when inflation had ...
