Economy

Africa’s economy projected to grow 4.2% in 2025, surpassing global average

Africa's economy is projected to grow at 3.8% in 2024 and 4.2% in 2025...

In a blistering commentary, Atiku Abubakar assails Tinubu’s “trial-and-error” economic policies

Former Vice President Atiku Abubakar launched a blistering review of the economic policies of...

Nigerian economy grows in Q1 2024 as millions face severe hardship

Nigeria's Gross Domestic Product (GDP) showed positive signs in the first quarter of 2024,...

Nigeria inflation isn’t cooling; at nearly 30% in January

Nigeria consumer prices rose further in January to nearly 30% as inflation shows no...

Nigeria monthly inflation at 7-year high after fuel subsidy removal

Nigeria recorded its highest monthly inflation rate in seven years in June, after President...

Scorecard is out: CBN’s naira redesign weakened Nigerian economy

The Central Bank of Nigeria-induced naira crunch between January and March weighed down on...

Planned subsidy payments to 50m Nigerians offers below N10,000 each

The Nigerian government says it has obtained $800 million from the World Bank which...

Economic crisis: Nigeria records huge foreign direct investment fall

Foreign direct investment into Nigeria decreased by a third in 2022 and fell massively...

Nigeria’s economic growth slowed in last quarter of 2022

Nigeria's economic growth slowed to 3.52% in the fourth quarter from 3.98% a year...