Ireland deports 42 South Africans, including families, in its fourth charter flight of the year, highlighting ongoing issues of criminality and migration management.
IMF reveals Nigeria's naira is undervalued by 25.6%, proposing a fair rate of N1,130/dollar amid ongoing forex reforms and urges CBN to maintain rate flexibility.
Nigeria's electronic invoicing system launches for large businesses, ensuring real-time tax compliance. MTN Nigeria transmits the first live invoice.
West African leaders are uniting to advance the Eco currency initiative, with Nigeria's central bank pivotal in shaping its launch and future economic stability.
As Nigerians prepare for Ramadan, staple food prices such as rice, beans, maize, and groundnuts rise in some states, while others remain largely stable.
Nigeria's naira appreciates to ₦1,335.95 per dollar, buoyed by rising external reserves and improved market confidence amidst cautious optimism for stability.
Nigeria’s inflation eased to 15.10% in January 2026, while food inflation slowed sharply, signaling moderating price pressures and improved affordability nationwide.
The NRS has announced plans to introduce a new electronic invoicing platform aimed at improving tax administration for medium-sized businesses across the country.
The African Development Bank Group has approved a $200 million loan to support Nigeria’s agricultural sector under the second phase of the NAGS-AP.
The CEO of the CPPE, Dr Muda Yusuf, has said Nigeria’s January 2026 inflation figures point to a “real disinflation” trend, raising concerns about farmers’ incomes.
Nigeria's food inflation drops to 8.89% in January 2026, its lowest in a decade. Government policies and a stronger naira lead to reduced staple prices nationwide.
Economy
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