Monday, February 24, 2025

In Focus

Nigeria’s economic growth hits three-year low in 2023

Nigeria's economy expanded by 2.74 percent in 2023, marking the slowest pace of growth in three years, according to data released by the National...

Lassa fever kills 72 in Nigeria in six weeks

Seventy-two people died of Lassa fever across Nigeria in the first six weeks of 2024, according to the Nigeria Centre for Disease Control and...

Electric bikes (or okada) are entering Nigeria. India offers key lessons

The electric-bike startup Spiro is expanding into Nigeria and planning to entice motorbike taxi (okada) operators to switch from petrol-powered bikes to the green...

Nigeria unemployment rate up again after revised calculation

Nigeria's unemployment rate climbed to 5% in the third quarter of 2023, coinciding with a deepening cost-of-living crisis triggered by the government's elimination of...

Stocks, naira down. What worsening economy means for Nigerians

Nigeria's economic woes intensified on Monday, with both the naira and stock markets experiencing significant setbacks. The naira hit record lows on both official and...

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