Generated Oct 13, 06:00 WAT
The IMF raised its forecast for Nigeria’s economic growth to 4.2% and called for immediate relief from rising food and energy costs, noting that Nigerians are suffering.
Nigeria’s government is holding a month-long petrol discount sale, raising questions about the return of state-supported fuel pricing after three years of saying subsidised petrol had ended. The report examines how the country’s history of fuel subsidies frames the discount initiative.
Nigeria is losing agricultural export opportunities to neighbouring countries amid an export ban. The report describes a truckload of cashew from Oyo State being transported towards the Seme border rather than to Lagos port, highlighting the effects of the restrictions on agricultural trade.
The Federal Government’s decision to reroute sections of the Lagos-Calabar Coastal Highway through the existing East-West Road has renewed scrutiny of project planning and procurement. The report focuses on the infrastructure project and its route changes.
FMDA projects N2.499 trillion in money-market inflows for the week beginning October 12, 2026, with maturing OMO bills accounting for nearly all of the expected funds. The projection follows a 23.68% decline in banking-system liquidity.