The Nigerian naira has recently demonstrated notable resilience against the U.S. dollar in both official and parallel foreign exchange markets.
The Consumer Price Index (CPI) is a critical economic measure that tracks changes in household spending on goods and services.
Nigeria’s inflation rate has sharply declined from 34.80% in December 2024 to 24.48% in January 2025, according to new data
Most countries remain poor because they do not have economic experts in charge of their economic decisions. As a result,
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
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