Markets · West Africa

Nigeria

Abuja · Nigerian naira (NGN) · ECOWAS

Reference

Capital: Abuja
Currency: Nigerian naira · NGN
Central bank: Central Bank of Nigeria
Regional membership: ECOWAS — Economic Community of West African States
Official languages: English
Stock exchange: Nigerian Exchange (NGX)
Instant payments: NIBSS Instant Payment (NIP)
Regulatory sandbox: CBN Regulatory Sandbox

A blank field means the item is not listed on this page, not that it does not exist.

Figures

GDP (current US$): $290.8 bn · 2025
GDP growth (annual %): 4.0% · 2025
Population: 237.5 m · 2025
Inflation, consumer prices (annual %): 23.0% · 2025
Personal remittances received (current US$): $22.8 bn · 2025
Exchange rate · NGN: 1339 NGN per US dollar · 2026-08-29

World Bank, World Development Indicators, via the World Bank API; year as published. Mid-market reference from exchangerate-api.com, refreshed daily; not a dealing rate.

Headlines · 91

From the AllAfrica country feed and pan-African newsrooms; each item links to the original.

17:51 UTC
Punch
Shettima demands accountability for food security interventions
VP Kashim Shettima demands greater accountability in Nigeria’s food security interventions, ensuring public resources translate to tangible outcomes for fa…
17:45 UTC
Punch
YPP boycotts Anambra LG poll over violence, irregularities claims
The Young Progressives Party (YPP) boycotted the Anambra LG election, citing widespread violence, irregularities, and alleged gunshots in Otuocha.
17:28 UTC
Punch
Stop patronising unregulated cart pushers, Lagos Commissioner urges residents
Lagos Commissioner Tokunbo Wahab urges residents to stop patronising unregulated cart pushers to improve Lagos waste management and prevent indiscriminate…
17:25 UTC
Punch
2027: Cross River group pledges bloc votes for Otu, Tinubu
A Cross River group pledges bloc votes for Governor Bassey Otu and President Bola Tinubu in the 2027 general election, citing achievements and demanding de…
17:14 UTC
Punch
Moody’s positive outlook validates Tinubu’s reforms – FG
Moody’s revises Nigeria’s credit outlook to positive, validating Tinubu’s economic reforms. Learn how this impacts Nigeria’s investment grade path.
17:08 UTC
Punch
I have nothing to apologise to Keshi for — Pinnick
Former NFF President Amaju Pinnick states he has nothing to apologise for regarding Stephen Keshi’s tenure and the Super Eagles’ decline.
17:01 UTC
Punch
2027 campaigns won’t disrupt N’Assembly duties — Akpabio
Senate President Godswill Akpabio assures Nigerians that 2027 campaigns will not disrupt the National Assembly’s legislative duties.
16:59 UTC
Punch
Why sportswear giants Adidas, Puma dumped Nigeria — Pinnick
Former NFF president Amaju Pinnick reveals why sportswear giants Adidas and Puma severed ties with Nigerian football, citing alleged incidents and blacklis…
16:49 UTC
Punch
Police arrest two armed robbery suspects in Adamawa
Adamawa State Police Command arrests two suspected Shilla Boys gang members for armed robbery in Jimeta, recovering stolen phones and a knife.
16:30 UTC
Punch
Adeleke issues executive order, sets up panel over Osun killings
Osun State Governor Ademola Adeleke issues an executive order establishing a panel to investigate the recent killings and violence in Ikire.
16:24 UTC
Punch
Sokoto Hisbah dimisses claims of restricting Christian worship
Sokoto State Hisbah Board dismisses claims of restricting Christian worship and practices, stating its mandate applies only to Muslims.
16:13 UTC
Premium Times
Nigerien govt says situation ‘calm’ after soldiers’ mutiny
State broadcasting stations were knocked offline early Saturday. However, the military government later issued a statement urging calm.
16:04 UTC
Punch
Mourinho questions Ballon d’Or criteria, says trophies shouldn’t decide winner
José Mourinho challenges Ballon d’Or criteria, arguing individual impact, not team trophies, should decide the winner. Read his full statement.
16:00 UTC
Punch
Borders not closed, Tunji-Ojo faults Atiku’s plan to reopen land borders
Minister Tunji-Ojo clarifies that Nigeria borders are not closed, countering Atiku’s plan to reopen them. Learn about current border management and securit…
15:57 UTC
Punch
Machete-wielding man attacks security guards at Lagos cinema, kills two
A machete-wielding man attacked security guards at a Lagos cinema, killing two. Police are investigating the incident and reviewing CCTV footage.
15:57 UTC
Premium Times
Adeleke orders probe into Osun killings, seeks inquiry into police role
The Ikire violence drew public attention on Monday after a group of thugs reportedly attempted to take over the motor garage following Mr Adeleke re-election victory…
15:56 UTC
BusinessDay
CITN Lagos chairman targets stronger professional capacity, member engagement
The Lagos and District Society of the Chartered Institute of Taxation of Nigeria (CITN) is set to prioritise professional competence,…
15:53 UTC
Premium Times
Dalung demands breakdown of Plateau govt’s N10.1bn travel spending
Former Sports Minister Solomon Dalung has asked the Plateau State Government to publish a detailed breakdown of the N10.1 billion it spent on travel and transport in the first half of 2026.
15:53 UTC
BusinessDay
Lagos makes new investment in waste mgt, deploys 220 compactor trucks
The Lagos State Government is deepening investment in waste management with deployment of 220 newly acquired compactor trucks to fast-tract…
15:49 UTC
BusinessDay
Firm expands organic food production, targets global market
All Organic Farms Limited, a Nigerian food processing company, is expanding its organic food production capacity with plans to serve…
15:41 UTC
Premium Times
Itauma vs Hrgović: Unbeaten British-Nigerian boxer battles for IBF Heavyweight World Title
The central question heading into the fight is whether Itauma's speed, power and youthful energy can overcome Hrgović's experience and physical maturity…
15:33 UTC
Punch
INEC unveils 12 Kwara gov candidates for 2027
INEC has officially unveiled 12 governorship candidates for the Kwara 2027 election, setting the stage for a competitive race. See the full list of candida…
15:26 UTC
Premium Times
Road collapse cuts off Taraba communities
Several communities in Bali Local Government Area of Taraba State have been cut off…
15:14 UTC
Premium Times
FG deploys task force to respond to diphtheria outbreaks in Kano, Katsina
A multi agency task force has been established to strengthen surveillance, close immunisation gaps and improve access to timely treatment as diphtheria cases rise in Kano and Katsina states.
14:54 UTC
Premium Times
El-Rufai’s sons at war as Bashir attacks Bello publicly
Bashir El-Rufai launched social media attacks against his elder brother, Bello El-Rufai, a sitting member of the House of Representatives.
14:50 UTC
Premium Times
Dolly Parton gave us a coat of many colours, By Owei Lakemfa
Parton was a beautiful storyteller, writer and composer with ten Grammy Awards from fifty-five nominations. Her songs transcend generations and will transcend more. On 25 August, Dolly, at 80, stopped singing for…
14:46 UTC
Punch
EPL: Liverpool’s winless start continues, held to 2-2 draw by Nottingham Forest
Liverpool’s winless start to the EPL season continues after a 2-2 draw with Nottingham Forest. Read about the thrilling match and Liverpool’s struggles.
14:40 UTC
Punch
Edo issues licences for 100MW power project, targets December completion
Edo State issues transmission and distribution licences for its 100MW power project, targeting December 2026 completion.
14:36 UTC
Punch
Shettima departs Abuja for AU summit in Angola
Vice President Kashim Shettima departs Abuja to represent President Tinubu at the AU summit in Angola, focusing on conflict resolution and peace.
14:26 UTC
Punch
Red Cross donates 700 cartons of therapeutic food to Sokoto govt
The Red Cross Sokoto branch has donated 700 cartons of therapeutic food to the Sokoto State Government to combat child malnutrition.