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N328.5Bn Billing: How Political Patronage Built Lagos’ Agbero Shadow Tax Empire

February 18, 2026 By Blaise Udunze Lagos prides itself as Africa’s commercial nerve centre. It markets innovation, fintech unicorns, rail lines, blue-water ferries, and billion-dollar real estate. Though with the glittering skyline and megacity ambition lies a parallel state, a shadow taxation regime run not from Alausa, but from motor […]

Food Inflation Dips Further

February 18, 2026/CSL Research Recently released data from the National Bureau of Statistics (NBS) showed that headline inflation eased further to 15.1% year-on-year (y/y) in January, down slightly from 15.2% y/y recorded in the previous month. A key driver of the slowdown was the sustained moderation in food prices. Food […]

Portfolio Flows Surge on the back of Nigeria’s Elevated Yield Differentials

February 18, 2026/Coronation Update Summary The National Bureau of Statistics (NBS) latest capital importation report for Q3 2025 indicates a marked improvement in foreign capital inflows into Nigeria, with total importation rising to US6.01 bn, the highest level recorded in six years This represents a substantial 380.16% y/y increase and […]