Nigeria's Economy

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

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

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

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

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,

February 7, 2025

Nigerian Economic Terrain

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

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

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

January 23, 2025

Nigeria's Economy a Ticking Timebomb

Opinion

Nigeria’s Economy: A Ticking Time Bomb?

The Special Adviser to President Bola Tinubu, Dada Olusegun, has expressed optimism that Nigeria will soon stabilize under President Tinubu’s administration. However, the question remains whether this stability will translate to an

January 21, 2025

Governors’ Stand On Tax Reform Bills: ‘We Must Come Out Of Shackles Of Feeding Bottle Economy’ – Expert

Finance & Economy·News

Governors’ Stand On Tax Reform Bills: We Must Come Out Of Shackles Of ‘Feeding Bottle Economy’ – Expert

Economic experts have emphasised the need for the Nigerian government to adopt economic measures that would lead to fiscal sustainability in the long term, not settling for what they described as a

January 17, 2025

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