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September 23, 2026 - 5:12 AM

Business

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Naira Strengthens To N1,353 Per Dollar As FX Inflows Improve

The naira strengthened against the dollar in August as improved foreign exchange liquidity helped ease pressure on the currency. The average exchange rate appreciated by...

NEPZA Tightens Enforcement Against Illegal Importation in Free Trade Zones

The Nigeria Export Processing Zones Authority (NEPZA) has intensified enforcement against illegal importation and other regulatory violations in Free Trade Zones (FTZs) across the...

Food Inflation Remains High At 19.57% Despite Easing Pressure

Nigeria’s food inflation rate was 19.57% year-on-year (YoY) as of August 2026, down from a huge jump in the previous month.   The consumer price index...

Nigeria’s Energy Inflation Rises To 4.69% In August

Nigeria’s energy inflation rate jumped to 4.69% in August 2026 from 4.40% in July, ending the decline that was recorded in the previous month.   The...

Nigeria’s Five REITs Hold $230m In Africa’s $30bn Market

Nigeria’s five Real Estate Investment Trusts have a combined market capitalisation of about $230 million, representing a small share of Africa’s estimated $30 billion...

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