Inflation

Eskom's 8.7% tariff increase from April 1 compounds fuel price hikes in South Africa, while Nigeria's food inflation accelerates to 12.12% despite broader disinflation, straining household budgets across Africa's largest economies.

Nigeria's headline inflation declined marginally to 15.06% in February from 15.10% in January, while the NGX All-Share Index crossed the 200,000-point mark for the first time, signaling divergent economic signals.

Nigeria's non-oil exports jumped to N12.36 trillion in 2025, up from N9.09 trillion in 2024, even as crude production missed OPEC quotas for seven consecutive months, highlighting the economy's shifting dynamics amid government reforms.

Nigerian pump prices hit ₦1,300 per litre as Middle East conflict drives crude oil volatility, with Brent swinging from $120 to below $90 in 24 hours following US sanctions relief announcement.

Nigeria's Dangote Refinery has increased Premium Motor Spirit ex-depot prices to N1,175 per litre, marking the fourth adjustment and intensifying inflation concerns as transport and goods costs are expected to rise across Africa's largest economy.

Oil prices breached $100 per barrel as escalating Iran-Israel tensions threaten the Strait of Hormuz, the world's most critical oil chokepoint, raising inflation concerns across African economies including South Africa and Nigeria.

Nigeria's economy is expanding at its fastest rate in three years, yet households continue to face elevated living costs, prompting government intervention on poverty reduction.

The Reserve Bank of Zimbabwe maintained its policy rate while introducing new ZiG banknotes and implementing sweeping reductions in bank charges including balance inquiry fees and Point of Sale transaction costs.

Vice President Kashim Shettima predicts Nigeria's economy will shift from stabilization to acceleration in 2026, with the naira reaching N1,000 per dollar within weeks, as the Central Bank of Nigeria delivers a cautious rate cut amid inflation falling to an 11-year low.

Nigeria's central bank reduced its benchmark interest rate by 25 basis points to 26.5%, marking the first monetary easing in nearly two years, even as Dangote Cement reported profits doubled to N1 trillion amid persistent consumer hardship.

Federal Competition and Consumer Protection Commission identifies N405,000 fare gaps on domestic routes during festive season, while petrol prices show 17.77% annual decline amid regional disparities and sluggish budget capital releases.

As Nigeria approaches its 2027 presidential election, the convergence of electoral reforms, escalating political spending, and democratic anxieties is reshaping the country's political and economic landscape in ways that extend far beyond the ballot box.

Guinness Nigeria Plc's operating costs reached N500.33 billion during an 18-month period ending December 2025, representing 71% of revenue as inflationary pressures intensify margin compression for Nigeria's beverage sector.

The Housing Development Advocacy Network has issued a warning that escalating rental prices across Nigeria could push millions of households into financial distress, highlighting a deepening affordability crisis in Africa's most populous nation.

President Bola Tinubu has signed an executive order mandating direct payment of oil and gas revenues into the Federation Account, a move the Revenue Mobilisation Allocation and Fiscal Commission says will curb leakages and boost government coffers.