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News
Nigeria spends N3.3tn on food imports in 6 months - Oyedokun warns of agricultural crisis
56+ min ago (611+ words) Financial analyst and Professor of Accounting at Lead City University, Ibadan, Godwin Oyedokun, has reacted to Nigeria’s spending of N3.3 trillion on food and beverage imports in the first six months of 2026. The N3.3 trillion expenditure on food and beverage imports was…...
Nigerians react as GDP growth hits 4.43 percent
1+ week, 2+ day ago (320+ words) Nigerians have questioned the impact of Nigeria’s economic growth after the country’s Gross Domestic Product, GDP, grew by 4.43 percent in real terms in the second quarter of 2026, according to the National Bureau of Statistics, NBS. The NBS, in its GDP…...
Uzor Kalu names two major problems crippling Nigeria's economy
2+ week, 2+ day ago (224+ words) The lawmaker representing Abia North Senatorial District, Orji Uzor Kalu, says the price of fuel and the naira exchange rate are the two major problems crippling Nigeria’s economy. Kalu made this assertion on Monday when he featured in an interview…...
CPPE boss, Yusuf outlines what Nigerian govt must do to enhance living conditions
3+ week, 2+ day ago (379+ words) Chief Executive Officer of the Centre for the Promotion of Private Enterprise, CPPE, Dr Muda Yusuf, has said the marginal decline in Nigeria’s headline inflation reflects improved macroeconomic stability. However, he noted that the high cost of living persists despite…...
Nigeria: Why food prices, cost of living keep rising despite inflation drop – Economists
3+ week, 2+ day ago (1012+ words) Economists and financial analysts have explained why food prices and the cost of living continue to rise despite Nigeria recording a second consecutive decline in headline inflation in July 2026. DAILY POST reports that Nigeria’s headline inflation declined for the second…...
Nigeria's inflation rate stands at 40% - Ex-CIBN president counters NBS
3+ week, 2+ day ago (250+ words) Dr Okechukwu Unegbu, former President of the Chartered Institute of Bankers of Nigeria, CIBN, has disagreed with the latest inflation figures released by the National Bureau of Statistics, NBS. According to him, Nigeria’s headline inflation is between 35 and 40 per cent....
Hardship: Economists weigh Tinubu govt's reforms amid debate on policy impact
1+ mon, 6+ day ago (510+ words) Economists and financial analysts have offered differing assessments of President Bola Ahmed Tinubu’s economic reforms amid an intensifying debate over their impact on Nigeria’s economy and the welfare of citizens. DAILY POST reports that former Vice President and presidential candidate…...
CBN monetary tightening worsening Nigeria's N50tn development finance gap – CPPE
1+ mon, 1+ week ago (348+ words) The Centre for the Promotion of Private Enterprise, CPPE, has said the Central Bank of Nigeria, CBN, prolonged monetary policy tightening has worsened the country’s development finance gap, which it estimates at over N50 trillion. The Chief Executive Officer of CPPE,…...
Cooking gas price sustain decline in parts of Nigeria
1+ mon, 2+ week ago (182+ words) The price of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, has continued to decline in parts of Nigeria over the past three weeks. A market survey by DAILY POST showed that the price of a kilogram of cooking…...
BREAKING: Dangote: Nigerian filling stations increase fuel price
1+ mon, 3+ week ago (209+ words) Nigerian filling stations increased their Premium Motor Spirit, PMS, pump prices on Thursday. A market survey by DAILY POST showed that AA Rano, Ranoil and other filling stations raised their fuel price to N1,220 per litre, up from between N1,170 and N1,180 per…...