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September 22, 2026 - 2:03 AM

Business

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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...

Private Sector Credit Climbs To N84.55 Trillion In August

Credit advanced to Nigeria's private sector rose for a third consecutive month to N84.55 trillion as of August 2026 according to the latest Central...

Cash Outside Banks Rises To N4.87 Trillion In August

Cash held outside Nigeria’s banking system increased to N4.87 trillion in August 2026, ending a three month decline, according to latest Central Bank of...

Dangote Reveals Who Could Eventually Take Over His Business Empire

Aliko Dangote has said having a son to inherit his business empire is not a priority, insisting that his three daughters are capable of...

World Bank Names Nobel Laureate Michael Kremer As New Chief Economist

Nobel laureate Michael Kremer has been appointed as the new Chief Economist and Senior Vice-President for Development Economics of the World Bank Group. World Bank...

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