WFP warns that aid cuts in northeast Nigeria are deepening hunger as funding shortfalls force sharp reductions in food and nutrition assistance across the region.
Budget short falls, inflation and a decline in manufacturing is what the economic experts foresee this year, 2025, which shall be deeper poverty for the average Nigerian
Nigeria’s economy is deemed dysfunctional, with experts warning that poor governance, inflation, and unemployment are preventing it from serving its 220 million citizens effectively.
Nigerian banks are doubling their wage bills and increasing staff in response to inflation, with First Bank’s personnel expenses rising 45% as operational costs soar.
Nigeria's airline industry is grappling with soaring inflation, fuel costs, and declining revenues. Find out the challenges and explore potential solutions for recovery.
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.
Nigeria ranks fifth among African countries hardest hit by the cost of living crisis, with inflation, currency devaluation, and supply chain disruptions driving up the prices of essential goods and services.
WFP warns that aid cuts in northeast Nigeria are deepening hunger as funding shortfalls force sharp reductions in food and nutrition assistance across the region.
Tony Elumelu says modern leadership is built on trust, accessibility and execution, not hierarchy, as his businesses post landmark banking and energy deals.
NESG warns the 2027 elections may undermine Nigeria’s economic reforms, stressing consolidation, disciplined policies, and stronger growth in agriculture and manufacturing.