The recent devastating flood disaster that has submerged about 70 percent of Maiduguri, capital of Borno state, may further pile pressure on Nigeria's already strained food crisis. ...

Whenever the issue of tax increases arises, I’m reminded of a story from the book Why Nations Fail: The Origins of Power, Prosperity, and Poverty, by Daron Acemoglu and James A. Robinson....

Nigeria’s trade surplus, the difference between exports and imports, rose to N6.59 trillion in the second quarter of 2024, according to the latest foreign trade statistics report released by the National Bureau of Statistics (NBS) on Wednesday....

The naira gained 5.06 percent against the dollar on Thursday, marking its biggest gain in almost two months, buoyed by the government's debut domestic dollar-bond issue which attracted strong interest from investors....

Nigerian Breweries Plc, the largest brewer in Nigeria, is currently raising N600 billion through a rights issue aimed at clearing its N500 billion foreign exchange (FX) debt. The company has been grappling with FX losses...

The latest round of petrol price hike in Nigeria has left many citizens feeling frustrated, bewildered and helpless. However, as the old-age aphorism goes, “When life gives you lemons, make lemonade”...

Nigeria's economy is growing too slowly to meet President Bola Tinubu’s ambitious goal of a $1 trillion GDP by 2030. ...

In the 21st century, a nation's true wealth is no longer measured by its natural resources or financial capital but by the strength and capabilities of its people—its human capital...