Nigerian Economy

Nigeria has 89 million poor people, second-highest in the world — Yemi Kale
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Nigeria has 89 million poor people, second-highest in the world — Yemi Kale

Nigeria’s economic realities are biting harder, with soaring food prices, fuel costs, and shrinking household incomes leaving millions in despair.…
Farmers call out cartels as rice prices hit record highs
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Farmers call out cartels as rice prices hit record highs

If you stepped into a Lagos market this week and dared to ask, ‘Why is rice so expensive?’ you would…
Customs and FIRS plot digital shake-up for Nigeria’s trade scene
Business

Customs and FIRS plot digital shake-up for Nigeria’s trade scene

Nigeria’s import and export game might be about to get a major glow-up. The Federal Inland Revenue Service (FIRS) and…
Local content robustly defend at NOG Energy Week
Business

Local content robustly defend at NOG Energy Week

At the NOG Energy Week in Abuja, industry leaders robustly defended Nigeria’s local content policy, rejecting claims that it inflates…
Fuel prices may finally ease with lower global oil prices after Iran-Israel truce
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Fuel prices may finally ease with lower global oil prices after Iran-Israel truce

After nearly two weeks of war-driven price hikes, fuel prices in Nigeria may soon fall thanks to easing global oil…
A new era begins at Dangote Sugar
Business

A new era begins at Dangote Sugar

In Tunga, a once quiet town in Nasarawa State, the noise of machinery from Dangote Sugar’s massive backward integration site…
Hungry despite the harvest: Unpacking Nigeria’s growing food insecurity
Business

Hungry despite the harvest: Unpacking Nigeria’s growing food insecurity

In spite of the steady increase in agriculture output, hunger continues to rise across Nigeria. Recent data from the World…
Kingsley Moghalu, ex-CBN deputy governor, sees the economic pinch lasting up to five years
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Kingsley Moghalu, ex-CBN deputy governor, sees the economic pinch lasting up to five years

In the minds of analysts, it is the result of past poor handling of Nigeria’s economy by policymakers who held…
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