His parents moved to Ivory Coast in the 1980s, towards the end of a period of exceptional economic growth that economists dubbed the “Ivorian miracle”. ...

“In 1985, Milo, the food drink from the Nestle Nigeria stable, had only five per cent of the market. Bournvita, older and dominant, had 80%”, so recounts Prof Chris Ogbechie, who just retired as Dean of the Lagos Business School...

Nigeria's Eurobond market closed the month of February in positive territory, signaling sustained foreign investor confidence. According to data from the Debt Management Office (DMO), the average yield on Nigeria’s Eurobonds closed at 8.80 percent...

As of February 21, the Nigerian Exchange had advanced by 5.41 percent year-to-date, with the All-Share Index closing at 108,497.40. Within the same period in 2024, the market had advanced by 35.39 percent....

Nigerian Eurobonds have sustained their rally this year as large investors' appetite drove average yields to 8.79 percent last week, the lowest this year, according to data from the Debt Management Office (DMO)....

An assessment of selected Nigerian companies’ new net borrowings in 2024 indicates a decline in reliance on bank loans for working capital. This is as rising interest rates scare off borrowers....

Climate change impact and soaring coffee prices globally have led to declines in supplies from South American countries. Severe weather has significantly impacted coffee production in Brazil and Vietnam...

The 2021–2025 National Development Plan (NDP), which aimed to lift 35 million people out of poverty and create 21 million full-time jobs by 2025, has joined the long list of the country’s failed economic blueprints....