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...
Nigeria's inflation is forecast to hit 34.64%, driven by food prices, cost pressures, and sticky core inflation, according to Financial Derivatives analysts
Nigeria’s oil dependence exposes its economy to price shocks, but diversification into agriculture, tech, and minerals aims to ensure economic stability
Nigeria’s oil dependence exposes its economy to price shocks, but diversification into agriculture, tech, and minerals aims to ensure economic stability
With plans to establish 1,000 conversion centres, local manufacturing hubs and mechanic training institutes, Nigeria’s move to compressed natural gas vehicles hits the mark.