Nigerian Economy

By Radarr Africa Business Desk LAGOS, November 11 (Radarr Africa) – Nigeria’s active telecom lines rose above 200 million in September 2026, according to data from the Nigerian Communications Commission …

By Radarr Africa Business Desk LAGOS, November 9 (Radarr Africa) – Nigeria’s net foreign exchange inflows rose from $950 million in 2022 to $9.22 billion in January 2026, an increase …

By Radarr Africa Business Desk LAGOS, November 2 (Radarr Africa) – Nigerian stocks closed October with a gain of about N2 trillion in market capitalisation, as a 2.86 per cent …

By Radarr Africa Business Desk LAGOS, October 28 (Radarr Africa) – Niger has imposed an overnight curfew on petrol sales across the country after a fuel shortage spread to the …

JPMorgan Chase is taking steps towards establishing a licensed banking operation in Nigeria after depositing ₦50 billion, approximately $38 million, with the Central Bank of Nigeria (CBN). According to Bloomberg, …

Nigeria’s foreign exchange reserves have climbed to $55.06 billion as of October 8, 2026, strengthening the country’s capacity to manage external shocks and support stability in the foreign exchange market. …

The International Monetary Fund (IMF) has projected Nigeria’s economy to grow by 4.3 percent in 2027, up from 4.2 percent in 2026, as inflation gradually eases. However, the Fund warned …

Nigeria’s food crisis requires a coordinated response that addresses rising prices, insecurity, weak agricultural production and the growing cost of transporting food across the country. Although food inflation eased in …

Nigeria’s current account surplus is expected to rise to 6.0 percent of gross domestic product (GDP) in 2026, up from 4.8 percent recorded in 2025, according to the World Bank. …

Nigeria’s new mandatory software testing regime is drawing support from industry professionals, but stakeholders are calling for enforcement to be based on the level of risk posed by each software …