Peionews

inflation

Fuel Price Hike in Nigeria: Petrol Nears N1,000 as Global Oil Shock Deepens Inflation Fears

By Elizabeth Ugbo Rising global oil prices have triggered fresh fuel hikes across Nigeria, as depot owners, marketers and the…

Oil Prices Surge as US-Israel Strikes on Iran Threaten Global Economy

By Elizabeth Ugbo Oil prices are set to surge on Monday after US and Israeli forces struck Iran, escalating tensions…

Naira Exchange Rate: Steady Performance Amid Strong Reserves and Inflationary Support

By Elizabeth Ugbo The Nigerian Naira maintained a steady performance against the US Dollar on Wednesday, February 25, 2026, in…

Nigeria’s External Reserves Hit $50.45bn, Highest in 13 Years – CBN

By Elizabeth Ugbo Nigeria’s gross external reserves climbed to $50.45 billion on February 16, 2026, according to the Governor of…