Economy

Updated 10 November 2026

News from across Nigeria, newest first.

  1. Economy

    Naira slips 0.22% in first week of November as FX turnover slows

    The naira closed at ₦1,349 per dollar at the official NFEM window on 6 November, from ₦1,346 a week earlier, with turnover of about $1.45 billion between 2 and 5 November.

    Source: Nairametrics ↗
  2. Economy

    Tinubu asks Senate to approve fresh $7.7bn external loan

    The request replaces an earlier $20.52 billion plan and is meant to partly finance the 2026 budget deficit. Senate President Godswill Akpabio referred it to the Committee on Local and Foreign Debts.

    Source: Vanguard ↗
  3. Economy

    Inflation eases to 14.63% in September, fourth straight monthly drop

    Headline inflation fell from 15.39% in August. Food inflation stood at 19.59% and core inflation at 12.95%, according to NBS data.

    Source: Nairametrics ↗