President Bola Tinubu-led federal government has disclosed the reason some Nigerians are not getting SMS for the N50,000 relief grant. You should see the update.
NERSI’s one-off ₦50,000 grant supports selected vulnerable households. Find out how to check eligibility via provider USSD codes and avoid fees and scams safely.
The naira appreciates by 0.99% to ₦1,344.42/dollar, supported by $50 billion reserves amid rising oil prices and geopolitical tensions impacting market stability.
Dangote Industries secures a $4.2 billion gas deal for a $2.5bn fertiliser plant in Ethiopia, enhancing agriculture and creating thousands of jobs in East Africa.
The NBS reports February 2026 food inflation at 12.12% year-on-year, easing annual pressure, while month-on-month prices rose 4.69% due to beans, yam.
The CPPE warns rising global energy prices are squeezing Nigerian businesses, urging efficiency, renewable adoption, and government reforms to reduce costs.
Nigeria's food inflation rose to 12.12% in February, reversing January's decline, as prices for staples like rice and yams surged, impacting households nationwide.
Nigeria’s inflation drops to 15.06% in February 2026, easing cost of living as food and core prices moderate, offering relief to households nationwide.
President Bola Tinubu has directed the Renewed Hope Ambassadors (RHA) to distribute rice to Nigerians across the 36 states and the Federal Capital Territory.
The rising cost of accommodation has forced many 9–5 workers in Lagos to leave the state for affordable options in the suburbs and neighbouring staes.
Post-Ramadan, tomato prices in Nigeria are forecasted to rise as harvest ends. A 50kg basket costs N20,000, expected to reach N30,000–N40,000 nationally.
Economy
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