Economy
Latest economy coverage from The Naira Standard.
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Nigeria's Food Inflation Hits 20.31% in July 2026
Food inflation rose to 20.31% in July 2026, highest in 10 months, even as headline inflation declined.
24 Firms Control Over 70% of Nigeria's Stock Market
A newspapers review programme reports that 24 firms dominate Nigeria's stock market, controlling over 70% of it.
Femi Otedola Boosts First HoldCo Stake with N20.68bn Share Purchase
Femi Otedola acquires 147.74 million additional shares in First HoldCo Plc, valued at N20.68 billion, increasing his stake.
Nigeria's Inflation Slows to 15.43% in July, Food Prices Rise
NBS data shows inflation eased to 15.43% in July, but monthly food inflation accelerated, signaling persistent pressure.
US Visa Bond Programme: Nigeria Remains on List
US consular officers can require bonds up to $20,000 for certain Nigerian visitor visa applicants from August 3.
Spider-Man: Brand New Day Sets N120.4m Nigerian Box Office Record
Marvel's Spider-Man: Brand New Day opens with N120.4 million in previews, a new Nigerian box office record.
IMF: Financial Repression Hits Highest Levels in Decades
The IMF reports financial repression at its highest in decades as governments with high debt face constraints.
IMF Paper Assesses AI's Economic Potential in Nigeria
An IMF paper explores AI's economic value in Nigeria, noting current limits.
Ogori Four-Day Calendar Marks New Year on Thursday
An article explores the Ogori indigenous four-day calendar, highlighting its role in timekeeping and communal life as the New Year is celebrated.
Housing Deficit Threatens Nigeria's $1tn Economy Goal
A Nairametrics post links Nigeria's housing strategy to its $1tn economy target, highlighting a 20 million home deficit.
Cardinal Torch Raises N10bn, Pivots to Agro-Processing
Cardinal Torch Company Limited announces N10bn raise and transition to agro-processing.
FirstBank: Nigeria's Economy Enters New Phase Beyond Stability
FirstBank says Nigeria's economy has moved past restoring stability, stressing that stability alone won't improve living standards.
CBN Mops Up N7.18tn in July, Down 48.57% from June
CBN sterilized N7.18tn via OMO auctions in July, a 48.57% drop from June's N13.96tn, signaling a shift in liquidity management.
Nairametrics Lists Africa's Most Expensive Hotels for 2026
Nairametrics has published its ranking of Africa's top 10 most expensive hotels for 2026, offering insights into the continent's luxury hospitality sector.