With Nigeria’s next presidential election still months away, political conversations across the country are increasingly returning to one issue: the economy. From market traders and civil servants to business owners and young graduates, economic conditions have become a major topic of discussion as Nigerians assess the impact of reforms introduced over the past three years. […]
WILL THE ECONOMY DECIDE NIGERIA’S 2027 ELECTION? Read More »
As Nigeria enters the second half of 2026, the economy presents a mixed picture. On one hand, key macroeconomic indicators show signs of improvement. The naira has become more stable, inflation has moderated from previous highs, and foreign reserves remain stronger than they were during the peak of the economic crisis. On the other hand,
HALFWAY THROUGH 2026: WHO IS WINNING AND LOSING IN NIGERIA’S ECONOMY? Read More »
In 2026, the value of ₦10,000 in Nigeria has significantly declined in terms of purchasing power. Across food markets, transport routes, and basic household needs, the amount now covers far fewer essentials than it did in previous years. Inflation, fuel price increases, exchange rate pressure, and rising logistics costs continue to influence the prices of
Nigeria’s Rising Cost of Living: What ₦10,000 Can No Longer Buy in 2026 Read More »
Introduction Global ratings agency S&P Global Ratings has upgraded Nigeria’s long-term foreign and local currency sovereign credit ratings from ‘B-’ to ‘B’ with a stable outlook. The agency cited improvements in Nigeria’s foreign exchange market, rising oil production, increased refining capacity, and ongoing economic reforms introduced by the administration of Bola Ahmed Tinubu. The announcement
S&P Upgrades Nigeria’s Credit Rating to ‘B’ Over Economic Reforms Read More »