Economy, Governance
Tuesday 21 April, 2026 Nigeria’s domestic debt just crossed ₦80 trillion. Buried in that number is ₦100 billion the government borrowed from you. From bank accounts and dividends you haven’t claimed yet. The Debt Management Office confirmed it in...
Economy, Energy
Monday 20 April, 2026 Nigeria’s airlines didn’t shut down today. They came close enough. Today was supposed to be the day Nigerian skies went quiet. Jet A1 fuel went from N900 per litre at the end of February to N3,300 per litre by mid-April. That is a 267...
Economy
Monday 20 April, 2026 Nigeria’s debt is improving. Then it gets worse. Right when it matters most. The IMF doesn’t usually time its numbers for maximum inconvenience. It doesn’t have to. The numbers do it themselves. Last Wednesday at the IMF-World...
Economy
Friday 17 April, 2026 Nigeria’s growth forecast was downgraded this week. The more important number was mentioned quietly. The World Bank released its April 2026 Africa Economic Update on Wednesday. For Nigeria, the headline is a downgrade. 4.1% growth forecast...
Business, Economy
Friday 17 April, 2026 For the first time in nearly four years, Guinness Nigeria is giving shareholders their money back. In 2023, the naira devaluation hit Guinness Nigeria the way it hit every company carrying foreign currency debt. Finance costs rose by 2,501% in a...
Economy, Energy
Tuesday 14 April, 2026 The World Bank says suspending import licences handed a single company the right to set your fuel price. In February 2026, the Nigerian Midstream and Downstream Petroleum Regulatory Authority suspended import licences for petrol. The stated...