Data suggests that falling petrol prices, which started in November 2024, are a result of naira's appreciation by 9.87 percent (December- February). Global crude oil price has been relatively stable....

Nigeria's GDP - gross domestic product output - grew again in the face of macroeconomic shocks with an overall annual gross domestic product output of 3.40 percent last year from 2.74 percent reported in 2023....

For decades, traders and small business owners closed their shops at the end of the day and headed straight to the bank to deposit their daily earnings. The routine was simple: ...

An anonymous expert at the Nigerian Institute of Social and Economic Research (NISER) acknowledged that reaching a trillion-dollar economy would be a significant milestone....

As Nigeria pushes for increased adoption of renewable energy, particularly solar power, concerns over the quality and durability of imported solar panels have become a major hurdle....

Nigeria risks repeating the cycle of near-reform success syndrome if it does not reform its political institutions—starting with the Independent National Electoral Commission (INEC)....

In the early 1980s, the Cold War had reached a critical juncture. The arms race between the East and the West was at a deadlock, with neither side gaining a definitive advantage....

The Nigerian naira has gone on a winning streak since December last year after the Central Bank of Nigeria (CBN) rolled out some far-reaching reforms that have seen the currency gain at least 9 percent since the beginning of 2025....