ECONOMY

Insecurity and Economic Woes Push Millions of Nigerians into Acute Food Crisis- Over 31.8 million Nigerians are currently experiencing severe food shortages due to escalating security challenges and the recent...

Food Prices in Nigeria Soar in July 2024: Beans, Eggs, and Yam Lead the Surge - Nigerians continue to grapple with skyrocketing food prices as the latest report from the National...

Fed Rate Cuts Could Offer Respite for Nigeria’s Naira and Economy - As global financial markets react to hints of a potential rate cut from the U.S. Federal Reserve, economic analysts...

Nigeria's Manufacturing Sector Struggles in Q2 2024: Growth Slows Amid Economic Challenges - Nigeria's manufacturing sector, once seen as a key driver of economic diversification, faced significant challenges in the second...

Nigeria's Agricultural Sector Shows Modest Growth in Q2 2024: Crop Production Remains Key Driver - Nigeria's agricultural sector experienced modest growth in the second quarter of 2024, expanding by 1.41% year-on-year...

Nigeria's Economy Grows by 3.19% in Q2 2024: Services and Industry Lead the Charge - Nigeria's Gross Domestic Product (GDP) grew by 3.19% year-on-year in the second quarter of 2024, marking...

States Share $71 Billion in Seven Years, But Poverty Persists: What's Going Wrong in Nigeria? - In the last seven years, Nigeria’s 36 states have collectively received $71.3 billion in...

Interest Rate Hikes, Inflation Squeeze Profit Margins for Nigerian Paint Manufacturers - The first half of 2024 has been a challenging period for Nigeria's paint manufacturing industry, with profit margins for...

Nigeria's Fiscal Deficit Outstrips Major African Economies by Alarming Margins - Nigeria's fiscal management in 2023 has drawn significant concern as the nation recorded a staggering fiscal deficit of N13.50 trillion,...

Investigative Journalist Exposes Alleged Nigerian Government Involvement in Online Hacking and Surveillance - In a shocking revelation, investigative journalist David Hundeyin has brought to light a series of events that suggest...