Peionews

Nigeria Economy

Dangote Succession Plan: Daughters Take Charge of Africa’s Largest Empire

By Elizabeth ugbo On February 16, 2026, Dangote Industries Limited announced major executive appointments in Lagos, Nigeria. The company elevated…

Fuel Price Hike: Dangote Refinery Raises Petrol Price Amid Global Tensions

By Elizabeth Ugbo Nigeria’s Dangote Refinery has increased petrol prices, effective midnight March 21, 2026, due to rising global uncertainties,…

Tinubu Says Nigeria’s Economy Recovering as States Stop Borrowing for Salaries

By Elizabeth Ugbo President Bola Ahmed Tinubu on Monday in Abuja said Nigeria has overcome major economic challenges and state…

US-Israel Strikes on Iran: Global Economic Impact and Lessons for Nigeria

By Elizabeth Ugbo On February 28, 2026, the United States and Israel launched a large-scale military offensive against Iran, targeting…

US–Iran War: How Rising Oil Prices and Middle East Disruptions Could Hit Nigeria’s Economy

By Elizabeth Ugbo Nigeria faces growing economic pressure as the United States–Iran conflict begins to disrupt global energy markets and…

Naira to Dollar Exchange Rate February 18 2026: Official and Parallel Market Updates

By Elizabeth ugbo Official Market Performance (NAFEM) On Wednesday, February 18, 2026, in Nigeria, the Naira traded against the United…

Naira Holds Steady at 1,354/$ in Official Market as CBN Sustains Liquidity Control

By Elizabeth Ugbo The Nigerian Naira traded steadily against the United States Dollar on Tuesday morning, February 17, 2026, in…

Femi Otedola Predicts Naira Could Fall Below ₦1,000 to Dollar by End of 2026

By Elizabeth Ugbo Billionaire businessman Femi Otedola has predicted that the Nigerian naira could trade below ₦1,000 to the US…