Nigeria’s public debt has climbed to ₦166.79 trillion, putting increasing pressure on government finances and raising questions about the country’s ability to balance debt repayments with investment in economic growth. …
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Nigerian Economy
ABUJA — The Federal High Court in Abuja has ordered the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to continue granting petroleum products import licences to three oil marketers. …
Nigeria’s new agreement between fiscal and monetary authorities will face its real test in whether closer coordination can translate into cheaper credit, lower inflation and stronger external reserves. The Federal …
The European Bank for Reconstruction and Development (EBRD) has lowered its economic growth forecast for sub-Saharan Africa, but maintained its projection for Nigeria at 4.2 percent in 2026. The bank …
- EconomyFinanceNigeriaNigerian Economy
Nigeria’s Financial Inclusion Rises to 79% as Digital Finance Expands
Financial inclusion in Nigeria has increased to 79 per cent, with about 94.2 million adults now using at least one financial product or service, according to the latest Access to …
Nigeria’s scheduled airline capacity increased by 37.4 per cent year-on-year to 1.19 million seats in September 2026, reflecting increased activity in the country’s aviation sector. The Federal Airports Authority of …
Nigeria’s Monetary Policy Committee (MPC) is heading into its latest interest-rate decision with inflation easing for three consecutive months and food inflation recording its first decline in about six months. …
- ELECTRICITYNigerian EconomyPower & Energy,
Nigeria’s Power Grid Faces Residential Exit as Solar Costs Fall
Nigeria’s electricity grid could face a growing loss of residential customers as falling solar equipment costs and persistent concerns over grid reliability encourage more households to generate their own power. …
- EconomyInsuranceNigerian Economy
Nigeria’s Insurers prepare For New Risk-based Capital rules after N1.08tn Recapitalization
Nigeria’s insurance industry is entering a new phase of regulatory reform after insurers raised more than N1.08 trillion in fresh capital during a 12-month recapitalisation exercise. The next major step …
Nigeria’s three-year economic reform programme is entering a crucial stage as the government focuses on ensuring that the gains achieved through major policy changes can be sustained and used to …
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