Tag: Inflation

Nigeria’s food and beverage imports declined to N1.39 trillion in the first quarter of 2026, signaling a shift in consumption ...

The Nigerian naira remained relatively stable against the US dollar during the first half of the week, trading around N1,361 ...

The International Monetary Fund (IMF) has commended Nigeria’s economic reforms over the past three years, stating that the measures have ...

The OPEC+ alliance has agreed to increase oil production quotas for July, extending its gradual supply expansion strategy as the ...

Nigeria’s ongoing economic reforms are beginning to create a more stable environment for businesses, according to the Chief Executive Officer ...

Nigeria’s collective investment schemes (CIS) have recorded significant growth, with total assets under management (AUM) rising from N3.2 trillion to ...

Nigeria’s petrol price has witnessed a dramatic increase over the past three years, climbing from about N175 per litre in ...

Nigeria's non-oil private sector recorded its strongest expansion in nine months during May, as improving customer demand and a surge ...

Nigeria’s private sector recorded stronger growth in May 2026, but rising fuel prices continued to place pressure on businesses across ...

Nigeria spent approximately $2.34 billion on food imports in 2025, highlighting the country's continued reliance on foreign supplies despite years ...