A new report has shown that Nigeria is gradually moving away from its long-standing dependence on crude oil, with taxes now becoming the main source of government revenue. The report, titled “Nigeria ...
Nigeria re-entered Africa’s top five destinations for long-term capital inflows last year after Foreign Direct Investment ...
Says inflation to fall to an annual average of 22.1% in 2025 The World Bank said on Monday that Nigeria’s economy needs to generate “more and better” jobs and reduce poverty. The bank, in a report ...
Nigeria, Africa’s largest economy, is facing an economic crisis. From a botched currency redesign to the removal of fuel subsidies and a currency float, the nation has been plunged into spiralling ...
Nigeria’s diversified, resource-rich economy beckons investors. But in the absence of major reforms and an economic development agenda, direct and portfolio investment are moving in the opposite ...