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Broadband penetration rose to 58.22% in August 2026 from 48.81% a year earlier, the highest in the regulator's monthly series, as broadband subscriptions reached 126.2 million. Data consumption grew 52.4% year on year to 1.76 million terabytes, a sign that Nigerians are using their connections more, not only adding lines.
INEC published the final lists of candidates for the 2027 governorship elections in all 28 states that vote in the general election cycle, naming 420 tickets. The lists fix who is on the ballot for 6 February 2027 and give the first complete view of how crowded each race will be.
Consumer prices rose 15.39% in the year to August 2026, the National Bureau of Statistics reported, little changed from 15.43% in July. The steadiness hides a reversal: food inflation has climbed from 8.89% in January to 19.57%, while core inflation, which excludes farm produce and energy, has eased to 13.29%.
Nigeria's pension funds held ₦31.80 trillion at the end of August 2026, according to the National Pension Commission, up 22.8% from ₦25.90 trillion a year earlier. Domestic equities rose to 19.87% of assets from 13.93%, while federal government securities fell to 55.97% from 61.11%.
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The Monetary Policy Committee lowered the Monetary Policy Rate to 23% from 26.5% at its 307th meeting on 22 September 2026 and left the cash reserve requirements unchanged. With headline inflation at 15.39% in August, the cut narrows the gap between the policy rate and inflation to 7.61 percentage points and marks a clear step up in the pace of easing.