Nigeria Inflation Hits 5-Month High as Middle East Crisis Pressures Food Prices

Nigeria’s annual inflation rose to 15.69% in April, continuing a four-month climb

Monthly price growth slowed to 2.13%, down sharply from 4.18% in March

Food inflation hit 16.06% as global energy shocks impacted local supply chains

Core inflation momentum plunged to 1.03%, suggesting underlying price stability is returning

Nigeria Inflation Hits 5-Month High as Middle East Crisis Pressures Food Prices

Nigeria’s annual inflation rose to 15.69% in April, continuing a four-month climb

Monthly price growth slowed to 2.13%, down sharply from 4.18% in March

Food inflation hit 16.06% as global energy shocks impacted local supply chains

Core inflation momentum plunged to 1.03%, suggesting underlying price stability is returning

Economy

Global Leaders Rally in Kigali as Nigeria Faces $11.6b Debt Blow

Energy

I Provided All Infrastructure Needed for Construction of Lekki Refinery, Oil Mafia Tried to Stop Me – Dangote

Agriculture

Global Cocoa Prices Surge 24% As West African Supply Strains Trigger May Rally

Economy

Nigeria and Rwanda Set to Reset Trade and Consular Ties at Kigali Summit

Finance

Billionaire Otedola Buys N43B shares in First HoldCo, Consolidates Bank Control

Economy

Bank of Zambia Trims Interest Rate to 13.25% Amid Easing Inflation

Finance

New Financial Framework Anchors $27 Billion in Investment Pledges at Nairobi Summit

Economy

99% OPEC Target: Nigeria oil revenue hits $2.87b as Production increases

Beyond the Red Carpet: The UK State Visit is an Investment in Nigeria’s Future

24 March 2026

South Africa to scrap its prime lending rate with central bank policy rate

18 February 2026

Nigeria Industrial Giant BUA Partners Abu Dhabi’s AD Ports to Revolutionize West African Logistics

17 February 2026

Nigerian Breweries Swings Back to Profitability in 2025 After 2 years losing streak

13 February 2026

AU Summit: Nigeria Secures Permanent Seat on African Central Bank Board

13 February 2026

Nigerian Naira anchors as foreign reserves hit 8-year peak of $47b

10 February 2026

Economy

Nigeria Rules Out Fuel Subsidy Return Amid Global Energy Crisis

Economy

Nigeria turns to Chinese partners to revive state-owned refineries

Economy

Kenya’s Economic Growth Slows Slightly to 4.6% in 2025

Economy

Ghana Rejects Multimillion-Dollar U.S Health Deal Over Data Privacy

Economy

IMF Approves $266 Million for Liberia’s Climate Resilience and Economic Stability

Economy

DRC Launches $100 Million US-Backed Mining Guard to Secure Critical Mineral Sites

Economy

African Giants Push for Energy Autonomy Amid Global Supply Shocks

Economy

South Africa Proposes Sweeping Overhaul to Replace 63-Year-Old Capital Flow Rules

Business

Nigeria’s Cement Giant Rebrands to HBM After $1B Sale and CEO Terrorism Conviction

Business

Limited Access to Finance, Power Deficits, and Insecurity Slows Nigeria’s Businesses in April

Business

Dangote East Africa Refinery: The Tanga Energy Corridor & the Remaking of East African Industry

Business

MTN Nigeria Records N546.4bn Pre-Tax Profit as Revenue Hits All-Time High

Business

Customer Retention and Talent Gaps Threaten Nigeria’s 2026 Business Revenue Trajectories

Business

Nigerian government proposes debt discount for airlines amid shutdown threat

Business

Middle East conflict and weak Rand push South Africa’s business confidence to five- month low

Business

Dangote refinery partners with Honeywell to boost petrochemical production

Book Review

The Oil Curse: How Petroleum Wealth Shapes the Development of Nations

Book Review

Reforming the Unreformable – Lessons from Nigeria

Book Review

Why Growth Matters – How Economic Growth in India reduced poverty and the lessons for other developing countries

Book Review

Cobalt Red – How the blood of the Congo Powers Our Lives

Book Review

Rule Breaker: Rebellious Leadership for the Future of Work

Book Review

Collapse and Recovery: How the Covid – 19 pandemic eroded human capital and what to do about it.