Nigeria's Economy

World Bank Report: Experts, Groups Advise On How Nigeria Can Halt Increasing Poverty

Reactions have continued to trail the World Bank’s April 2025 report about Nigeria’s economy, especially on the poverty rate. Some groups and economic experts have called for urgent action to avoid an

Victor Ezeja

April 28, 2025

Rivers Crisis: Why Wike Shouldn’t Fight Fubara – Analyst

FEATURES

How Rivers State Political Crisis Threatens Nigeria’s Economy

With the lingering crisis in Rivers State, a major oil-rich state in the Niger Delta, there are concerns that it poses a significant threat to Nigeria’s economy. The political crisis, which stemmed

Victor Ezeja

March 27, 2025

Why CBN Retained Bencmark Interest Rate At 27.5%

Finance & Economy

Why CBN Retained Benchmark Interest Rate At 27.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), the benchmark interest rate in the country, at 27.50 percent. This was announced

Victor Ezeja

February 21, 2025

Latest Petrol Price Hike Ill-timed - CPPE

Business·Finance & Economy

Nigerians, Businesses Need Reduction In Prices Not Just Inflation Rate – Muda Yusuf

CEO of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has stated that what households and businesses in Nigeria need is a drastic reduction in prices not just

Victor Ezeja

February 20, 2025

Economic Expert Advises Nigerian Govt To Reduce Import Dependence As Trump's Policies Disrupt Global Economy

Finance & Economy

Expert Advises Govt To Address Import Dependence As Trump’s Policies Disrupt Global Economy

CEO of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has advised the Nigerian government to make policies that reduce import dependence, warning that it poses a major

Victor Ezeja

February 17, 2025

Calls for Decentralisation of Seaport in Nigeria Increases

Opinion

Nigeria’s Port Monopoly: A Ticking Time Bomb For The Economy

Nigeria’s over-reliance on the Lagos Port Complex for exports and imports is a strategic vulnerability that demands urgent attention. With 94% of exports and 76% of imports passing through this single port,

MARCEL MBAMALU

February 7, 2025

Opinion

The Crushing Weight Of Multiple Taxes On Telcos And Nigeria’s Ranking On Ease Of Doing Business Index

By Tony Onyima According to the World Bank’s annual ratings, Nigeria is currently ranked 131 among 191 economies in the ease of doing business index. Ease of Doing Business Index ranks countries

Admin

January 24, 2025

Infrastructural And Policy Needs In Regional Economies In Nigeria

Opinion

Infrastructural And Policy Needs In Nigeria’s Regional Economies

By Chioma Ugo Nigeria’s total infrastructure stock, currently estimated at just 30% of its Gross Domestic Product (GDP), underscores the critical infrastructure deficit in the country, with significant implications for economic growth

Admin

January 24, 2025

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Finance & Economy·Opinion

CBN And Economy: Policy Options And Projections

Central banks are at the heart of the economy and they evolve monetary policies to keep a nation’s currency and economy stable. But it has been observed that central banks are often

Arize Nwobu

January 23, 2025

Opinion