The Economy

Nigeria’s central bank governor, Olayemi Cardoso, has linked the naira’s recent stability and appreciation to a series of policy adjustments implemented by the Central Bank of Nigeria (CBN), which have...

The contribution of the paper industry rose to N398.8bn in 2023, up from N356bn recorded in 2022. The Chief Executive Officer of the Centre for the Promotion of Private Enterprise...

Nigeria’s economy, which ranked as Africa’s largest in 2022, is set to slip to fourth place this year after a series of currency devaluations, International Monetary Fund forecasts show. The...

Nigeria is a big, vibrant nation whose economy is growing quickly. Numerous lucrative industries that offer chances to investors and entrepreneurs can be found there. Nigeria's industries are thriving and...

In a significant move, the Central Bank of Nigeria (CBN) has initiated tranche payments to 31 banks to clear the backlog of foreign exchange forward obligations swiftly. CBN Governor Yemi...

Nigeria is projected to grapple with sustained economic instability in 2024 due to double-digit inflation, according to a report by the Economist Intelligence Unit (EIU). The analysis includes several other...

In a bid to navigate the economic landscape and cushion the effects of fuel subsidy removal on businesses and organizations, a congregation of business leaders from diverse sectors gathered in...

As the possibility of Bola Ahmed Tinubu assuming the role of the next President of Nigeria draws closer, there has been an abundance of speculation and conjecture regarding the potential...

Poverty has remained a daunting challenge for Nigeria over the course of several decades, despite the country's status as one of Africa's largest economies. It is an issue of significant...

Nigeria, a country with vast natural resources, has been experiencing a prolonged economic crisis for a number of years. Despite being Africa's largest economy and having abundant resources such as...