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Nigeria Economy

The Growing Trend of Quiet Quitting in Nigeria

Exploring the rise of quiet quitting in Nigeria and strategies to counteract employee disengagement.

7 Former Child Actors Succeeding in Nigeria’s Entertainment Industry

KEY POINTS Former child actors are thriving in Nollywood today. Many have transitioned into...

Why Cement Prices Are Skyrocketing in Nigeria

BUA Cement's AbdulSamad Rabiu explains the rise in cement prices in Nigeria, citing dealer practices and economic challenges as key factors.

Nigeria’s Rusty FX Market Struggles to Rebound

Nigeria’s FX market faces ongoing challenges, with liquidity shortages and volatility threatening economic recovery despite government interventions.

Nigeria to Issue $500M Bond as Capital Importation Data Awaits Release

Nigeria will auction its first $500 million domestic dollar bond as the NBS prepares its Q2 2024 capital importation report.

Nigeria’s Inflation Slows for the First Time in 19 Months

Nigeria’s inflation rate slows after 19 months of increase, offering brief relief but ongoing economic challenges remain.

Nigeria’s Economic Activity Drops for 13th Straight Month in July

Nigeria's economic activity contracts for the 13th month, as rising costs and declining employment continue to hinder growth.

CBN Sells $876M at N1,495 in Retail Forex Auction Amid Naira Volatility

The Central Bank of Nigeria has sold $876.26 million at N1,495 per dollar in its latest retail forex auction to stabilize the naira amidst economic pressures.

Nigeria’s Economic Woes: Poor Diversification, Excess Liquidity Cited by CBN

CBN Governor Yemi Cardoso attributes Nigeria's economic woes to poor diversification and excess liquidity, raising interest rates to combat inflation.

NNPC Holds 7.2% Stake in Dangote Refinery, Not 20%: Dangote

Aliko Dangote reveals that NNPC holds a 7.2% stake in the Dangote Refinery, correcting earlier reports of a 20% stake and highlighting the project's significance.

Dangote Refinery Set to Resolve Nigeria’s Forex’s Crisis – S&P Global

S&P Global reports Dangote Refinery could significantly stabilize Nigeria's forex issues and spur economic growth.

CBN Reforms Boost Investment to Four-Year High

CBN reforms have driven investment inflows to a four-year high in Nigeria, signaling positive economic growth and enhanced investor confidence.

IMF Urges Nigeria to End Electricity Subsidies

The IMF warns Nigeria against unsustainable fuel and electricity subsidies, highlighting the need for fiscal discipline to tackle the nation's economic challenges.

Atiku Accuses Tinubu of Conflicts of Interest Over Son’s Business Ties

Atiku Abubakar claims Bola Tinubu's son's board position reflects a conflict of interest influencing major governmental projects.

Latest articles

The Growing Trend of Quiet Quitting in Nigeria

Exploring the rise of quiet quitting in Nigeria and strategies to counteract employee disengagement.

7 Former Child Actors Succeeding in Nigeria’s Entertainment Industry

KEY POINTS Former child actors are thriving in Nollywood today. Many have transitioned into...

Umahi Advocates Concrete Roads as Solution to East-West Road Flooding

Minister David Umahi identifies concrete roads as the solution for preventing flood damage on the East-West Road which would provide lasting durability and resistant performance.

Kalu Says Atiku Will Protect The Nation Against Economic Turmoil

Dr. Emeka Kalu endorses Atiku Abubakar as the leading candidate for economic revival during the 2027 presidential race while requesting Nigerian backing.