Nigeria manufacturing slowdown deepens as Stanbic IBTC PMI shows rising fuel costs and inflation pressures weakening private sector growth
Nigeria Cement Price Increase continues as Dangote, BUA and Lafarge cement rise to ₦11,800–₦12,000, impacting construction projects nationwide
CBN bank recapitalisation sees 32 banks meet new capital rules as reforms boost stability, reserves, and investor confidence
RBA cash rate 3.6% held steady as inflation rises but economic growth remains moderate, keeping rate cuts or hikes off the table for now
Nigeria currency outside banks jumped to N4.646tn in October, signalling rising withdrawals and tighter liquidity as the CBN works to stabilise inflation.
Funsho Doherty faults petrol import tariff, warning that Tinubu’s 15% duty could raise prices by ₦100 per litre and worsen inflation in Nigeria
Naira strengthens against the dollar to ₦1,421.73, marking its best close since February as investor confidence rises and inflation continues to ease
Economists say Tinubu’s economic reforms have stabilised Nigeria’s economy, with gains in reserves, forex, and growth, now beginning to reach citizens
Nigeria’s inflation rate dropped to 24.48% in January 2025 from 34.80% in December after the National Bureau of Statistics rebased the CPI Nigeria’s inflation rate...
