Nigeria is Africa’s largest economy by population, yet with a GDP of $253 billion, it ranks as the continent’s fourth-largest
The International Monetary Fund reported that Nigeria’s GDP per capita fell to $835.49 in 2025 from $877.07 in 2024, a
In a display of resilience amidst global economic uncertainties, the U.S. economy expanded at an annual rate of 2.3% in
The Nigerian National Petroleum Company Limited (NNPCL) has reported the discovery of 179 oil theft incidents between January 11
Originally established in 2006 to highlight investment opportunities in emerging markets, the group has shifted its focus toward creating a
As Nigeria prepares to rebase its GDP, the country is exploring the inclusion of illegal activities such as drug trafficking,
Africa’s economic trajectory is set to improve significantly, with the continent’s GDP projected to grow by 4.2% in 2025, according
The Federal Government has outlined its strategy to achieve N36.35 trillion revenue target for 2025, hinging on a series of
There are growing concerns about Nigeria’s fiscal situation. Key sources of concern are the country’s dwindling revenues, soaring deficits, growing
Abundant oil revenues enabled Nigerian governments to institute vast subsidies and statist economic controls. These government interventions progressively weakened the
Remittances – the money migrant workers send to their home countries – have been described as “the hidden engine of
Just before the lockdown of Lagos, videos of Government officials readying food packages to distribute to poor households were making
Get notified about new articles
