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Nigerian households under pressure as rising prices squeeze incomes " CBN survey
5+ hour, 7+ min ago (659+ words) Nigerian households are becoming increasingly worried about the state of the economy, as rising prices and financial strain continue to bite, according to the Central Bank of Nigeria's (CBN) March 2026 Household Expectations Survey. The report shows that the overall consumer…...
Nigeria's inflation shock hits tech, fintech, creative sectors as costs outpace growth
1+ week, 1+ day ago (761+ words) Nigeria's high-cost economic environment is beginning to reshape its technology, fintech and creative industries, as rising energy and logistics expenses compress margins and weaken consumer demand, even as transaction volumes and corporate earnings show pockets of resilience. For many urban…...
Africa's double-digit inflation economies to cool despite Middle East risks
1+ day, 14+ hour ago (852+ words) Africa is expected to see fewer countries grappling with double-digit inflation by 2026, with the number projected to fall to nine from 13 in 2024, signalling steady progress in the continent's fight against high prices despite lingering risks from the Middle East crisis....
Five African currencies with the biggest declines amid Middle East war
3+ day, 45+ min ago (607+ words) The escalation of tensions between the United States and Iran sent global oil prices surging by more than 50 percent as of late March, triggering a wave of currency volatility across African markets. At least 29 African currencies have weakened, according to…...
Regulation vs. Growth: The impact of Nigeria's evolving tax and compliance landscape on the FMCG sector
5+ day, 11+ hour ago (866+ words) The Evolution of Taxation and Compliance in Nigeria The Nigeria Tax Act 2025 introduces significant changes across personal and corporate taxation. For individuals, the regime introduces greater progressivity, including exemptions for low-income earners and higher marginal rates for top income bands,…...
Why USD 100 oil isn't the economy killer it used to be
6+ day, 4+ hour ago (351+ words) While we should not be complacent about downside risks, it is equally important to recognise that many asset classes now offer attractive opportunities and are likely to continue to do so if worst-case scenarios fail to play out. Why this…...
More money, more debt: What exactly are states borrowing for?
1+ week, 1+ day ago (788+ words) Read also: Nigerian states return to borrowing despite FAAC windfall This question goes beyond rhetoric. It cuts to the core of how public resources are managed and whether current fiscal choices are laying the foundation for growth or quietly storing…...
Nigeria's manufacturing investment plunges 46% in 2025
1+ week, 6+ hour ago (561+ words) Nigeria's capital importation into the manufacturing sector has suffered a sharp decline in 2025, underscoring the country's worsening business environment and investor sentiment towards the industry. Foreign investments in the sector declined 46 percent from $1. 43 billion in 2024 to $773 million in 2025, according to…...
Rising costs, power shortages weaken Nigeria's business activity " NESG
1+ week, 12+ hour ago (662+ words) Nigeria's business environment continued to expand in March 2026 but slowed as rising input costs and power supply deficits weighed on performance, according to the latest Business Confidence Monitor (BCM) report by the Nigerian Economic Summit Group (NESG). The report indicates…...
Production costs, insecurity force farmers to retreat as planting season approaches
1+ week, 20+ hour ago (681+ words) As the rainy season approaches, farmers across parts of Nigeria have raised fresh concerns over escalating production costs, warning that the trend could deepen food insecurity and worsen economic hardship for millions of households. In separate interviews, farmers lamented the…...
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