Tax Reform or Public Panic? Inside Nigeria’s Controversial 2026 Tax Changes
ABUJA, Nigeria – When rumours began spreading across Nigeria that the government would soon begin “taxing bank deposits” and “deducting money directly from savings,”…
Topic
Inflation
Streets Instead of Schoolyards: How Nigeria’s Poverty Trap Is Stealing Childhoods, Endangering Public Health
ABUJA, Nigeria – On the scorching asphalt of Nigeria’s capital, childhood begins not with school bells or playground laughter, but with the roar of…
Nigerian Businesses Oppose Excise Duty Hike
ABUJA, Nigeria – Nigerian business leaders have opposed a Senate proposal to increase excise duties, warning it could trigger price spikes and job losses…
Just In: CBN Holds 27% Rate, Extends Tough Fight Against Inflation
ABUJA, Nigeria – The Central Bank of Nigeria (CBN) has kept its Monetary Policy Rate (MPR) at 27%, reinforcing its toughest stance yet against…
Food Prices Fall Nationwide as NBS Reports Major Decline
ABUJA, Nigeria – Prices of major staples—including beans, garri, maize, and tomatoes—drop further across Nigeria, according to the National Bureau of Statistics (NBS) September…
Nigeria’s Food Import Bill Rises to $2.39bn Despite Domestic Production Push
ABUJA, Nigeria – Nigeria spent $2.39 billion on imported food products between April 2024 and March 2025, marking an 11.6% increase from the $2.14…
FG’s Economic Reforms Target Vulnerable Nigerians – Edun
ABUJA, Nigeria – Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says ongoing economic reforms are specifically designed to cushion hardship…
IMF Flags Nigeria’s Lagging Reforms as Neighbours Outperform
ABUJA, Nigeria – Nigeria’s slow pace of economic reform continues to hinder growth, according to the International Monetary Fund’s latest Regional Economic Outlook for…
Tinubu Throws 9m More Nigerians into Poverty
ABUJA, Nigeria- Fresh data suggest that President Bola Tinubu’s economic reforms have pushed an additional nine million Nigerians into poverty within just two years…
Nigeria’s Inflation Eases to 18.02% in September – Says NBS
ABUJA, Nigeria – The National Bureau of Statistics (NBS) reports that Nigeria’s headline inflation rate dropped to 18.02 per cent in September 2025, marking…