Obafemi Fawibe

Naira Holds Steady at 1383 Against Dollar in Official Market

Naira Holds Firm at N1,379 as Market Gaps Close

The Nigerian Naira opened the second quarter of 2026 with a show of resilience, trading at N1,379.30 against the United States Dollar on Tuesday, April 7. Stability in the official Nigerian Foreign Exchange Market (NFEM) follows a period of mild volatility in late March. The Central Bank of Nigeria (CBN) successfully bridged liquidity gaps through…

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FG to Issue N729bn Power Debt Bond

FG Pledges N1bn in Direct Grants for Small Firms

The Federal Government has replaced luxury prizes with cold cash in its latest attempt to bolster small businesses. Through the 2026 National MSME Awards, the state will distribute more than N1 billion in grants to entrepreneurs across the country. Temitola Adekunle-Johnson, the President’s Senior Special Adviser on Job Creation and MSMEs, announced the shift in…

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The Nigeria Economic Risk Map 2026: A Predictive Macro Intelligence Framework

Nigeria’s economy does not move in straight lines. It accelerates, stalls, pivots, and surprises. For institutional investors, portfolio managers, and FDI strategists operating in or around Africa’s largest economy, that unpredictability is not just a nuisance. It is a material risk. The question heading into 2026 is no longer whether Nigeria faces structural headwinds. It…

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Tinubu Tax Reforms Shift Burden From Livelihoods To Profits

Tinubu Tax Reforms Shift Burden From Livelihoods To Profits

Nigeria’s tax landscape is undergoing a fundamental restructuring aimed at relieving low-income earners while tightening the net on high-net-worth individuals and corporate profits. Speaking at the 2026 BusinessDay Tax Conference in Lagos, Adesokan of the Joint Revenue Board (JRB) revealed that the reforms seek to stop “taxing poverty.” The new regime consolidates a fragmented library…

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Ebola Cases Top 900 in Conflict-Ridden DR Congo

WHO Records 13 Attacks on Iranian Health Sites as War Widens

The World Health Organisation (WHO) has verified 13 attacks on healthcare facilities in Iran since the outbreak of the US-Israel-Iran war on February 28. Director-General Tedros Adhanom Ghebreyesus confirmed the strikes on Thursday, noting that the violence has already claimed over 1,000 lives and displaced 100,000 people across 16 countries. The attacks on medical infrastructure,…

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