Economy Nigeria’s FX reserves climb to $48.5bn, highest since 2013 February 19, 2026 Damilola Nigeria’s external reserves have reached $48.5 billion, marking their strongest level in roughly 13 years. Figures published by the Central Bank of Nigeria (CBN) show that the last time reserves…
Economy Opinion Food Inflation in Nigeria: Students skip meals as prices surge on campuses February 19, 2026 New Daily Prime By Kareem Kerimot Opeyemi Food inflation in Nigeria is forcing university students to make difficult choices, with many now skipping meals, cutting portions, or relying on cheaper alternatives to survive.…
Economy Dangote forecasts N1,100/$1 in 2026 February 18, 2026 Damilola Chairman of the Dangote Group, Aliko Dangote, has projected that the naira could strengthen to about N1,100 against the US dollar before the end of the year, expressing confidence in…
Economy CAC deregisters over 400,000 companies in 2025 February 7, 2026 Damilola The Corporate Affairs CommissionCAC cracks down on unregistered companies, sets deadline for registration (CAC) has revealed that it removed more than 400,000 inactive and non-compliant companies from its official register…
Economy Naira gains 1.3% at official market, hits N1,360 intraday February 5, 2026 Helen Okechukwu The naira strengthened sharply at the official foreign exchange market on Tuesday, appreciating by 1.3% to close at N1,372.91 per dollar, reflecting improving liquidity and stronger supply conditions in the…
Economy Dangote refinery giving Nigeria ‘breathing space’ on fuel supply — NNPC CEO February 4, 2026 Damilola The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Ojulari, has described the Dangote Petroleum Refinery as a vital stabilising force in Nigeria’s energy sector,…
Economy Opinion After pain, a pulse: Tinubu’s reforms revive Nigeria’s economy February 3, 2026 Fashingson Decades after President Olusegun Obasanjo’s liberal policies sparked a post-1999 economic boom, Nigeria is showing signs of a potential second “golden age.” Under the administration of President Bola Tinubu, a…
Economy February opens strong as naira gains 2.5% in one week February 2, 2026 New Daily Prime The naira has started the month of February on a positive note, recording a strong performance against the United States dollar in the foreign exchange market. Within one week, the…
Economy Shettima to launch funds for women, youth, children January 27, 2026 Friday Omosola Vice President Kashim Shettima is set to unveil two major empowerment and educational initiatives on Wednesday, January 28, 2026. The launch, which will take place at the State House Conference…
Economy Pound trades mixed against naira as FX pressures persist January 27, 2026 New Daily Prime The naira recorded mixed movements against the British pound across official and parallel market segments, reflecting continued foreign exchange supply constraints and sustained demand pressures in the market. At the…
