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Nigeria's 11-Month Price Slide Is Over NBS data shows March 2026 headline inflation at 15.38% — the first rise in a year Nigeria's headline inflation climbed to 15.38% in March 2026, reversing a steady decline that had run for eleven consecutive months, the National Bureau of Statistics reported Wednesday. The Consumer Price Index rose to 135.4 in March from 130.0 the previous month, a 5.4-point jump. On a monthly basis, prices rose 4.18%, the sharpest single-month increase s

Every Registered Nigerian Business Should Act Now Corporate Affairs Commission confirms cyberattack; NITDA investigation ongoing The Corporate Affairs Commission confirmed Wednesday that its systems were compromised in a cyberattack, potentially exposing data for millions of registered Nigerian businesses. The CAC said it detected unauthorised access to parts of its information systems and immediately activated response protocols. The agency is working with NITDA and other go

Dangote just confirmed Africa's biggest-ever IPO is moving Aliko Dangote is planning a landmark cross-border public offering of his $20 billion refinery across multiple African stock exchanges, the first pan-African IPO of its scale. Advisers appointed include Stanbic IBTC Capital, Vetiva Advisory Services, and FirstCap. The share sale is expected to open as early as May 2026. Analysts value the refinery between $40 billion and $50 billion. A 5%-10% free float would create up

Nigeria's headline inflation rose to 15.38% in March 2026 NBS data shows March 2026 headline inflation at 15.38%, the first rise in a year ABUJA . Nigeria's headline inflation climbed to 15.38% in March 2026, reversing a steady decline that had run for eleven consecutive months, the National Bureau of Statistics reported Wednesday. The Consumer Price Index rose to 135.4 in March from 130.0 the previous month, a 5.4-point jump. On a monthly basis, prices rose 4.18%, the sharpe

Agriculture and Non-Manufacturing Are in Contraction Two of Nigeria's Biggest Sectors Just Slipped Into Contraction. Is Yours One of Them? Most business news focuses on whether Nigeria is growing. This story is about which parts of Nigeria are not at least not right now. The March 2026 NESG Business Confidence Monitor contains data that deserves more attention than it has received. Agriculture fell from 104.8 to 91.1 points officially in contraction. Non-Manufacturing dropped

Only 1 in 10 Nigerian Women Have a Salary-Paying Job. 1 in 10. The World Bank Data on Nigerian Women Every Business Owner Should Read. The headline number is arresting: only 10.5% of Nigerian women in employment are in wage or salaried jobs. But the more important number for business owners is the one that comes right after it. 80.7% of Nigerian women aged 15 and above are active in the labour market. Read that again. The majority of Nigerian women are working. They are econo

Nigeria's Reserves Just Dropped $850 Million in Three Weeks Nigeria's Forex Reserves Just Dropped $850 Million. Here's What Importers Need to Know. Nigeria's foreign reserves reached a 13-year high just weeks ago. Since then, they have been quietly declining and if you import anything for your business, this is worth understanding. Data from the CBN shows reserves dropped by approximately $850 million in three weeks, falling from $50.03 billion on March 11 to $49.18 billion o

Business Confidence Is Slipping. The NESG Just Told Us Exactly Why. Nigeria Is Still Growing. But Business Owners Are Feeling the Strain. The Data Explains Why. The numbers say Nigeria's business environment is expanding. Business owners know the picture is more complicated than that. The Nigerian Economic Summit Group's Business Confidence Monitor for March 2026 shows the Current Business Performance Index fell sharply from 117.2 points in February to 101.2 points — still ab

Tinubu Just Approved ₦3.3 Trillion to Fix Power. The Government Just Committed ₦3.3 Trillion to Fix Nigeria's Power Problem. Here's the Honest Business Analysis. If you run a business in Nigeria, you have been told the power situation is about to improve many times before. So here is an honest assessment of what just happened and what it means for your plans. President Tinubu has approved a ₦3.3 trillion payment plan to settle outstanding debts in the power sector — liabiliti

₦4.65 Trillion. 33 Banks. Now Comes the Real Test. Nigeria's Banks Just Got ₦4.65 Trillion Stronger. Will Your Business See Any of It? Nigeria's banking sector just completed its most significant overhaul since 2005 and if you run a small business, the implications are more complicated than the headlines suggest. 33 Nigerian banks met the CBN's new capital requirements by the March 31, 2026 deadline, collectively raising ₦4.65 trillion in fresh capital. 72.55% of the funds ca

The Government Just Froze All New Business Regulations The Government Just Hit Pause on New Business Regulations. Here's What That Means for You. If you have ever had a government agency show up with a new fee, a new form, or a new requirement that seemed to appear from nowhere this story is for you. The Presidential Enabling Business Environment Council (PEBEC) has directed all federal Ministries, Departments, and Agencies to immediately halt the introduction and rollout of

The Government Just Put ₦1 Billion on the Table for Your Business ₦1 Billion in Free Business Grants Just Opened Today. Here's How to Apply. There is money on the table, real money, no repayment required and the application window opened this morning. The Federal Government has opened the 2026 National MSME Awards portal today, April 7, with plans to disburse over ₦1 billion in grants to small and medium businesses across Nigeria. The portal closes May 7 giving you exactly 30