KEY POINTS
Digital currency adoption is transforming Nigeria’s informal economy, bringing both benefits such as increased market access and challenges like digital illiteracy and taxation fears.
The eNaira is fostering financial inclusion among some informal workers, but rural and low-income communities remain at risk...
The World Bank has approved $1.57 billion to boost human capital in Nigeria, focusing on improving healthcare for women, children, and adolescents, and enhancing climate resilience
Nigeria's airline industry is grappling with soaring inflation, fuel costs, and declining revenues. Find out the challenges and explore potential solutions for recovery.
President Bola Tinubu assures a business-friendly environment to attract domestic and foreign investments during a meeting with Coca-Cola's leadership team.
The Central Bank of Nigeria warns that fuel subsidy removal, increased import costs, and higher debt obligations could threaten external reserve growth by 2024-2025
Nigeria’s inflation rate eased to 32.15% in August 2024, thanks to the harvest season. However, fuel price hikes continue to pose a threat to stability.
The Central Bank of Nigeria introduces new PoS transaction rules, requiring payments to go through licensed platforms for improved security and transparency
Nigeria’s $1 billion steel deal with China holds promise for industrial growth but also poses risks of debt and dependency. Learn the potential benefits and drawbacks.