NESG Launches Private Sector Outlook, Says Reforms Require Effective Execution
Nigerian Economic Summit Group, NESG, has launched the Nigerian Private Sector Outlook 2026, titled: "The Productivity Imperative for Nigerian Businesses"
External Reserves Decline By $731m In April DrawdownÂ
Nigeria’s external reserves declined by approximately $731 million during the first three weeks of April 2026, falling from $49.18 billion on April 1 to $48.45 billion by April 23. This drawdown represents an average weekly loss of about $233 million and extends a broader downward trend that began in mid-March reflecting continued pressure on the country’s foreign exchange buffers.
Nigeria’s Public Debt Stock Hits N159.28trn In Q4 2025 – NBS
Nigeria’s public debt stock increased from N153.29 trillion (103.94 billion dollars ) in the third quarter of 2025 to N159.28 trillion (110.97 billion dollars ) in Q4 2025.
Lagos Food Prices Ease In April As Supply Improves, Reversing March Spike
Food prices across major Lagos markets recorded mixed but largely easing trends in April, offering temporary relief for households even as structural cost pressures remain firmly in place.
Aviation Fuel Crisis Deepens As Air Peace Reduces Abuja–London Flights
Air Peace has temporarily reduced its Abuja–London flight frequency from daily to three times per week. This adjustment is scheduled to remain in effect until July 1, 2026, when full daily operations are expected to resume.Â