British Pound Holds Firm Against Naira as New Week Trading Begins
By Elizabeth Ugbo The British Pound opened trading on Monday, April 20, 2026, in Nigeria at around ₦1,817.83 in the…
Explore updates on inflation rates, employment data, government policies, exchange rates, and business activity. Get expert insights into economic shifts and financial stability.
Strait of Hormuz Reopens as Iran and US Signal De-escalation, Oil Prices Drop
By Elizabeth Ugbo Iran’s Foreign Minister Abbas Araghchi and United States President Donald Trump announced on Friday that the Strait…
Nigeria Subnational Debt Crisis Deepens as State Borrowing Rises by N392bn
By Elizabeth Ugbo Nigeria’s subnational debt crisis intensified in 2025 as state governments increased borrowing despite economic pressures. Data from…
President Assents to ₦68.32 Trillion 2026 Budget, Extends 2025 Capital Spending
By Elizabeth Ugbo President Bola Ahmed Tinubu has signed the 2026 Appropriation Bill into law in Abuja on April 1,…
Professor Pat Utomi vs. President Bola Ahmed Tinubu: A Critical Look at the Reform Debate
By Elizabeth Ugbo In Abuja, Professor Pat Utomi recently criticized President Bola Ahmed Tinubu’s economic reforms, calling them “ridiculous” and…
Nigeria Petrol Supply Hits 40.1ml/d in March 2026 as Imports Support Market Stability
By Elizabeth Ugbo Nigeria’s petrol supply rose to 40.1 million litres per day in March 2026, according to the Nigerian…
Nigeria Records 3.38 Million IDPs in 2023 as NBS Releases Demographic Bulletin
By Elizabeth Ugbo The National Bureau of Statistics (National Bureau of Statistics) released its 2023 Demographic Bulletin in Abuja, Nigeria,…
Nigeria Power Sector Faces Over N300bn Losses as Subsidy Hits N418.79bn in Q4 2025
By Elizabeth Ugbo In Q4 2025, Nigeria’s electricity sector recorded major financial strain, as the Federal Government of Nigeria absorbed…
US Fertility Rate Hits Record Low as Childcare Costs and Policy Debates Intensify
By Elizabeth Ugbo The United States recorded its lowest fertility rate in 2025, as confirmed by the Centers for Disease…
Poverty in Nigeria Hits 63% in 2025 Despite Lower Inflation – World Bank
By Elizabeth Ugbo Nigeria’s poverty rate rose to 63% in 2025, affecting about 140 million people, according to the World…