Cotton farmers in Africa’s most populous nation were excited in 2018 when genetically engineered cotton seeds were introduced for cultivation, raising hopes of bumper harvest and pest-free cotton regimes....

The Central Bank of Nigeria's monetary policy committee will meet on Monday and Tuesday in a highly anticipated deliberation that could hold benchmark interest rates steady for the first time after four consecutive hikes...

The Nigerian government must deploy its economic and political institutions not only as governance tools but as mechanisms to liberate the vulnerable from economic hardship....

For decades, Nigeria's economy has been closely tied to the fluctuations of global oil markets. Since the discovery of oil in 1956, it has been the main source of revenue and dominated exports. ...

Fresh findings have revealed why only about three percent of local oil marketers have patronised Dangote Petroleum Refinery since it commenced production of diesel and aviation fuel early this year....

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....