Economy
Nigeria’s best GDP numbers in a decade arrived in the same week businesses raised prices to their highest in 16 months. Both things are real. Only one of them you can feel. Two reports landed in the same week. They don’t contradict each other. They...
Economy
8.34% That’s Nigeria’s cumulative GDP growth across 2024 and 2025. The highest two-year expansion in over a decade, according to a new report by the Lagos-based Quartus Economics research house. To hold that number properly, you need to know what GDP...
Governance, Economy
A bank chairman stood in court on Monday accused of moving N15.6 billion of depositors’ money into companies he controlled. The bank collapsed in 2016. The case reached court in 2026. Tunde Ayeni used to be one of the most powerful men in banking Nigeria had...
Economy
Nigeria’s foreign reserves dropped by $1.57 billion between March 11 and April 24. In the same period, Nigeria earned a reported N5 trillion oil windfall. Atiku raised this on Sunday. The government hasn’t answered it. Crude prices rose from under $70 a...
Diaspora, Economy
The Bank of England kept rates at 3.75% yesterday. That decision wasn’t made for you. But you’re paying for it. The Bank of England voted 8-1 on Wednesday to hold its benchmark rate at 3.75%. The one dissenting voice was Chief Economist Huw Pill....
Economy
Nigeria’s inflation rose for the first time in a year in March. The number that tells you what it actually means is ₦30,435. After eleven consecutive months of declining annual inflation, March broke the streak. Nigeria’s headline inflation rose to...