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CBN Forecasts Inflation Drop To 12.94% in 2026 As Fuel, Food Prices Fall.

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According to Nivo News, the Central Bank of Nigeria (CBN) has projected that the nation’s inflation rate will ease to 12.94 percent in 2026, a development attributed mainly to falling prices of food items and Premium Motor Spirit (PMS), commonly known as petrol.....KINDLY READ THE FULL STORY HERE▶

The apex bank revealed the forecast in its 2026 Macroeconomic Outlook for Nigeria, also projecting a 4.49 percent growth in the country’s economy over the same period. The CBN attributed the anticipated economic expansion to ongoing structural reforms and a gradual relaxation of monetary policy, noting that sustained improvements across key sectors, combined with policy consistency, would enhance productivity and overall economic performance.

“Headline inflation is projected to moderate to an estimated average of 12.94 percent in 2026, driven by declining food and premium motor spirit prices,” the bank stated.

The projection follows recent reductions in petrol prices nationwide, following intense competition in the oil downstream sector. Dangote Refinery recently slashed its gantry price for petrol, triggering a sharp decline in fuel costs, which now range between ₦739 and ₦910 per litre across the country.

Further supporting the CBN’s outlook, the National Bureau of Statistics reported in November 2025 that Nigeria’s food inflation rate had dropped to 11.08 percent. The central bank expressed confidence that these trends would help stabilise consumer prices, bolster purchasing power, and support economic resilience as the nation enters 2026.


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TRUMP UNDER FIRE! Nigerian Christians Reject His “False” Claims On Ending Violence!.

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Nigerian Christian leaders and major ecumenical bodies have firmly rejected United States President Donald Trump’s claim that American military operations have successfully put an end to the killing of Christians within Nigeria. The groups, including the Christian Association of Nigeria (CAN) for the 19 Northern states and the FCT, alongside the Ecumenical Synods of Bishops, dismissed the President’s remarks as misleading and disconnected from the ongoing, violent reality in the country.....KINDLY READ THE FULL STORY HERE▶

The backlash follows President Trump’s assertion on Friday in Washington, where he claimed: “As you know, we recently struck Nigeria and largely ended the slaughter of great Christian populations.

Key responses to the claim from Christian leaders include:

  • Victims must speak: Rev. Joseph Hayab, CAN Chairman for Northern Nigeria, argued that only Nigerian Christians and victims of insecurity—not President Trump—can determine if there has been actual improvement. He accused Trump of acting on inaccurate information.

  • Interventions inadequate: Hayab acknowledged limited US operations against terrorists, such as the December strike near Sokoto and the targeting of ISIS commanders, but pointed out that after these strikes, US forces “went on a long recess” while Nigerians continued to be killed “every day.

  • Call for genuine help: The CAN Chairman urged the US to provide practical, sustained assistance, emphasizing, “We want help, but the help shouldn’t be propaganda or misinformation.” He highlighted that many people remain in bandit captivity across states like Borno, Katsina, Kwara, and Kogi.

  • Demanding evidence: The Ecumenical Synods of Bishops, through International Secretary Archbishop Osazee William, stated there is “no convincing evidence” to support Trump’s claims. William described the reported actions as falling far short of the “good intervention” Nigeria hopes for, suggesting it had done little more than convey a minor message without solving the security crisis.

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SHOCKING REVELATION! “My Mother Sold Akara And Bananas”—Inside The Fierce Defense Of The First Lady!.

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Sunday Dare, the Special Assistant to President Bola Tinubu on Media and Public Communications, has come to the defense of First Lady Senator Oluremi Tinubu following backlash over her recent comments on small-scale entrepreneurship. The First Lady had previously encouraged Nigerians to engage in small businesses like selling akara, kuli-kuli, and roasted corn—ventures that require minimal capital—while noting that the administration prefers providing grants rather than loans.....KINDLY READ THE FULL STORY HERE▶

This perspective sparked significant criticism from many online, who viewed the suggestions as insulting and disconnected from the current economic hardships faced by Nigerians.

In response, during an appearance on the Mic On podcast with Seun Okinbaloye, Dare shared his own personal history to support the First Lady’s message:

  • Dare revealed that his mother raised him by selling bananas and oranges in Jos, Plateau State.

  • He personally hawked these fruits in the markets of Jos to help support his family.

  • He emphasized that his mother’s ability to successfully train him through these small-scale trade activities sixty years ago highlights the value of such work.

  • Dare argued that the First Lady’s intent was simply to encourage Nigerians to develop entrepreneurial skills and avoid remaining idle, noting that the resilience of these small businesses is vital to the national economy.

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WAGE WAR! NLC and Federal Government Set To Clash Again As Inflation Forces New Minimum Wage Talks!.

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The Nigeria Labour Congress (NLC) has indicated that new negotiations regarding the national minimum wage may commence shortly to address the impact of soaring inflation and economic hardship. This potential development follows the implementation of the ₦70,000 minimum wage approximately two years ago.....KINDLY READ THE FULL STORY HERE▶

  • Status of Negotiations: While formal talks have not yet begun, NLC spokesperson Benson Upah stated that organized labor expects them to start at any moment.

  • Government Stance: Femi Gbajabiamila, Chief of Staff to the President, acknowledged the need for further discussions, noting that persistent inflation has significantly diminished the value of the existing minimum wage.

  • Wider Welfare Approach: Gbajabiamila suggested that evaluating workers’ welfare should extend beyond just salary adjustments to include social supports like affordable housing, education, transportation, and healthcare.

  • Context of Past Agreements: The 2024 wage review resulted in a ₦70,000 minimum wage after months of intense negotiations where labor initially sought ₦615,000 due to economic factors like the naira’s float and petrol subsidy removal.

  • Ongoing Concerns: Despite the previous settlement, NLC President Joe Ajaero has maintained that workers require a “living wage” that accurately reflects current economic conditions, as costs for food, electricity, rent, and transportation continue to increase.

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