Young Nigerian entrepreneurs aged 18-35 can apply for collateral-free loans under the YOUTHCRED scheme, offering ₦200,000 to ₦2 million to grow their businesses.
Young Nigerian entrepreneurs aged 18-35 can apply for collateral-free loans under the YOUTHCRED scheme, offering ₦200,000 to ₦2 million to grow their businesses.
Food inflation in May 2026 eased to 16.96% year-on-year and 2.98% month-on-month, with Adamawa, Kwara, and Rivers recording the highest increases nationwide.
Food inflation in Nigeria has surged to 16.96% in May, impacting household incomes and living costs, with Adamawa seeing the highest rate at 29.62%.
NBS reports Nigeria inflation rises to 15.93% in May 2026, driven by food and core pressures, with Yobe, Anambra and Sokoto highest among states surveyed.
The naira slightly depreciates to N1,363.83/dollar amid limited dollar liquidity, while foreign portfolio investors dominate inflows, pushing up Nigeria's reserves
Nigeria’s Q1 2026 GDP shows mixed sectoral performance with strong growth in finance, mining, construction, ICT, and weak results in utilities and education.
Africa's economic map is shifting, with growth in manufacturing and technology. Key economies like South Africa and Nigeria face challenges amid new contenders.
IMF has advised Nigeria to introduce fuel and telecom taxes to boost revenue, warning of higher costs, inflation, and economic pressure on households nationwide.
The Central Bank of Nigeria's eNaira may soon streamline salary and benefits payments, overcoming adoption challenges to revolutionise Nigeria’s digital payment.
Nigeria unveils Rev360, a groundbreaking digital tax platform enhancing compliance, simplifying payments, and fostering transparency for individuals and businesses.
Economy
Load more