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Top 10 most affordable states to live in August 2026

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  Nigeria’s inflation trajectory eased further in August 2026, with the national headline inflation rate slowing for the third consecutive month to 15.39% from 15.43% in July, while the food inflation rate declined to 19.57% after five consecutive months of increases. Data from the National Bureau of Statistics (NBS) show that Sokoto, Kebbi, and Jigawa emerged as the three most affordable states in Nigeria based on their all-items inflation rates, indicating that residents in these states experienced relatively lower price pressure pressures compared to other parts of the country. The August ranking demonstrates that affordability was scantily spread across Nigeria’s geopolitical zones as the North-East region accounted for the largest representation with four states out of the ten spots on the list — Bauchi, Borno, Gombe, and Taraba. The North-West geopolitical zone contributed three states (Jigawa, Kebbi, and Sokoto) to the top ten. South-West and North-Central also featured stat...
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Best performing Equity mutual funds in Nigeria as of August 2026

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  Nigeria’s equity mutual fund segment pulled back to a net asset value (NAV) of N230.50 billion as of August 28, 2026, down 4.51% from N241.38 billion recorded at the end of July, as renewed market volatility eroded part of the gains recorded in the prior month. Nairametrics Research analysis of the Securities and Exchange Commission (SEC) data showed that the segment now comprises 22 funds, up from 21 in July, as the roster of registered equity funds continued to expand. The segment accounted for 2.41% of Nigeria’s total mutual fund assets, down from 2.57% recorded in July. Although significantly smaller than the money market segment, equity mutual funds continue to attract investors seeking higher returns and long-term capital appreciation through diversified exposure to quoted equities across sectors such as banking, consumer goods, industrial goods, and oil and gas. The top 10 performing equity mutual funds recorded year-to-date returns ranging from 46.64% to 82.36%, reflectin...
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CNG adoption faces supply and safety hurdles as Nigeria expands rollout, expert says

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  Nigeria’s push to expand compressed natural gas (CNG) as an alternative transport fuel is entering a crucial stage, with the success of the transition increasingly dependent on the country’s ability to ensure reliable supply, efficient distribution and proper safety oversight. President Bola Tinubu has said more Nigerians should begin to see measurable reductions in transportation costs from October 1 under the National Affordable CNG Transit Programme, as the government continues efforts to expand CNG adoption across the country. In an exclusive interview with Nairametrics, alternative fuels development consultant Omid Hamidkhani outlined what Nigeria needs to build a sustainable CNG market, from expanding gas and refuelling infrastructure and improving distribution to establishing stronger vehicle inspection, certification and safety systems. Nairametrics: From your experience in alternative fuels, what are the key conditions Nigeria needs to have in place for CNG adoption to b...
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Why 18% returns make you richer in Abia but poorer in Lagos

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  Nigeria’s inflation continued to decelerate in August, with headline inflation falling for the third consecutive month to 15.39%, from 15.43% in July. But that national figure masks wide differences across states, meaning two investors can earn the same nominal return and still end up with very different real outcomes. For instance, an 18% return would beat Abia’s 14.3% inflation rate but fall short of Lagos’ 23.7%. The lesson is simple: beating national headline inflation does not always mean beating the inflation you face. To understand why, we first need to look at what the latest inflation numbers are telling us. The latest figure represents a marginal 0.04 percentage-point decline from July and a much larger 7.75 percentage-point drop from the 23.14% recorded in August 2025. On a month-on-month basis, headline inflation slowed to 0.71% in August from 1.57% in July, showing that prices were still rising, but at a much slower pace. The moderation was also reflected across maj...
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Best performing Nigerian stocks for the week ended September 18, 2026

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  The Nigerian equities market closed the week at a record N162.157 trillion in market capitalisation, surpassing the previous all-time high of N161.8 trillion set on May 13, 2026, as the benchmark All-Share Index (ASI) gained 2.78% week-on-week to close at 249,804.56 points from 243,052.74 points. The rally was powered by a significant wave of investor participation, with 525,991,720 shares exchanged across 44,239 distinct deals in the final session alone on Friday, September 18. UPDC Real Estate Investment Trust and Sovereign Trust Insurance led the gainers’ chart with sharp double-digit rallies, while Nigerian Exchange Group extended its recent run to close among the week’s strongest performers, helping lift market breadth decisively positive after several weeks of negative sentiment. UPDC REIT topped the gainers’ chart with a 34.91% week-on-week gain to N18.55, while Sovereign Trust Insurance climbed 30.95% to N2.20 and Mutual Benefits Assurance advanced 22.03% to N3.60, provid...
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