Private sector credit hits N83.26trn as lending rises by N7.13trn
Credit extended to Nigeria’s private sector climbed to N83.26 trillion in June 2026, reflecting sustained...
Finance & Economy
Money supply rises by N16trn to N133.25trn despite tight monetary policy
Nigeria’s broad money supply expanded by N16 trillion year-on-year to N133.25 trillion in June 2026,...
Top 1% control 44% of Nigeria’s wealth-Salami
Economist and Chief Executive Officer of KAINOS Edge Consulting Ltd., Dr Doyin Salami, has raised...
DMO raises N929bn as bond demand hits N1.74trn
The Debt Management Office (DMO) raised N929.32 billion from the Federal Government’s July 2026 bond...
CBN holds interest rate at 26.5% as reserves rise to $52.52bn
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5...
Food inflation limits CBN’s grip on prices, analysts warn
Rising food prices have emerged as the biggest threat to Nigeria’s inflation outlook, with...
Can Nigeria sustain the FX recovery despite record external reserves?
Nigeria’s foreign exchange market appears to be entering its most stable phase in more than...
Nigeria’s 4.1% Growth Forecast Masks Deeper Economic Challenge-IMF
The International Monetary Fund (IMF) has maintained Nigeria’s growth forecast at 4.1% for 2026 and 4.3% for 2027, even...
FG drafts private-sector reform council to deepen economic recovery
The Federal Government has inaugurated a high-powered Ministerial Advisory Committee to provide independent economic advice,...
IMF warns of inflation surge as global growth slows to 3.0%
…Says Nigeria holds firm at 4.1% amid war-tech crosscurrents The International Monetary Fund (IMF)...
