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Nigeria Economy

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.

Court Rejects Nnamdi Kanu’s Human Rights Suit Against FG

Court dismisses Nnamdi Kanu’s N1 billion human rights suit, finding no sufficient evidence of rights violations by the DSS or the Nigerian government.

Nigeria’s Economic Woes Deepen Amid Inflation, FX Shortages

Amid soaring inflation rates and a dwindling foreign exchange (FX) reservoir, Nigeria's economic health...

Family Businesses in Nigeria Add $200B Annually to Economy

Family businesses play a crucial role in Nigeria's economy. Yesterday, stakeholders convened at a...

Middle East Conflict Threatens Nigeria’s Oil Revenue and Economy 

The ongoing war between Israel and Hamas could have serious implications for Nigeria’s economy,...

Ajaokuta Steel Complex: Nigeria’s Industrial Dream Revived 

Nigeria’s long-awaited Ajaokuta Steel Complex is nearing completion, with the potential to generate $1.6...

Naira Plummets as World Bank Ranks It Among Africa’s Worst Currencies

The Nigerian naira has been ranked among the worst-performing currencies in Africa by the...

Nigerians Face Pressure as Food, Fare Prices Surge

The National Bureau of Statistics (NBS) revealed a surge in food prices in August,...

How Nigeria’s Naira Lost 99.92% of Its Value in 50 Years 

Nigeria’s naira currency has depreciated significantly in the past five decades, losing 99.92% of...

Latest articles

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.

Court Rejects Nnamdi Kanu’s Human Rights Suit Against FG

Court dismisses Nnamdi Kanu’s N1 billion human rights suit, finding no sufficient evidence of rights violations by the DSS or the Nigerian government.

Army, Police Begin Borno Clearance After Deadly Bombings

Police and army start clearance operations in Borno after deadly bombings, aiming to prevent further threats and ensure public safety.

 INEC’s Limited Role: No Power to Conduct State LG Elections

INEC Chairman Mahmood Yakubu states that the commission lacks constitutional authority to conduct local government elections outside the FCT, calling for necessary constitutional amendments.