Naira Weakens Further as Dollar Climbs on Both Official and Street Markets

18 Sep 2026

The naira lost more ground against the US dollar on Friday, September 18, 2026, weakening in both Nigeria’s official and parallel foreign exchange markets. How Much the Naira Has Dropped At the Nigerian Foreign Exchange Market (NFEM — the official Central Bank-regulated trading window), the dollar was quoted at about ₦1,331, up from ₦1,329.56 on […]

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Nigeria’s Inflation Keeps Falling on Paper — Here’s What That Actually Means for Your Pocket

16 Sep 2026

Nigeria’s headline inflation rate eased to 15.39 percent in August 2026, down from 15.43 percent in July, as food price increases slowed sharply, the National Bureau of Statistics (NBS) has said. The figure is well below the 23.14 percent recorded in August 2025, and marks another month of slowing annual inflation after the rate had […]

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Dangote’s Bold Millionaire Promise Puts Nigeria’s Investing Culture Back in the Spotlight

15 Sep 2026

Africa’s richest man, Aliko Dangote, has told Nigerians that investing about N100,000 in the ongoing Dangote Petroleum Refinery share offer could turn them into millionaires within one or two years. Speaking on Arise Television as the refinery’s Initial Public Offering (IPO), a public sale of company shares that lets ordinary people buy a stake in […]

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Subsidy Was Never Real. Only the Naira’s Fall Was.

11 Aug 2026

There has never been such a thing as fuel subsidy, not as a fact. What Nigeria has always had is the recurring devaluation of the naira. Subsidy is simply the gap between the naira’s last value and its present value. You cannot remove subsidy any more than you can remove your own shadow. When the […]

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Nigeria’s Debt Didn’t Really Shrink in Dollar Terms — Here’s the Fuller Picture

10 Aug 2026

A post has been circulating claiming that Nigeria’s public debt has decreased in dollar terms since President Bola Tinubu took office in 2023. Set against the naira figures, which show a sharp rise, that dollar comparison can look like good news. But the full picture, once you use the right numbers and understand how the […]

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Naira Numbers Don’t Lie: Why Nigerians Must Reclaim Their Sovereign Voice

07 Aug 2026

Tinubu took away real value from Nigerians and replaced it with propaganda. It would have been better Nigeria never encountered Tinubu. Nigerians should rise as the Sovereign under Section 14(2)(a) of the Constitution and peacefully occupy the streets until Tinubu and his pretence of a government give way. We cannot entrust him with organising any […]

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Nigeria’s Minimum Wage Illusion: Why ₦70,000 Today Buys Less Than ₦18,000 Did in 2011 (Comparing Real Wage Value in Dollar Terms)

03 Aug 2026

When former President Goodluck Jonathan signed the national minimum wage into law in 2011, it was set at ₦18,000. At the exchange rate of the time, around ₦160 to $1, that amounted to roughly $112.5 a month. Today, under President Bola Tinubu, the national minimum wage stands at ₦70,000. But with the naira now trading […]

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Minimum Wage Math Shows Why Many Nigerians Still Feel Poorer Despite Naira Figures Doubling

02 Aug 2026

A comparison circulating online argues that a Nigerian minimum wage earner sending a child to university was better off in dollar terms under former President Goodluck Jonathan than under President Bola Tinubu, even after accounting for Tinubu’s minimum wage increase and the new NELFUND (Nigerian Education Loan Fund, the federal government’s student loan scheme) support. […]

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