Nigerian manufacturers warn that further interest rate hikes could cripple the industry, leading to closures, job losses, and economic instability.
economic impact
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Nigeria’s federal government and organized private sectors increase the national minimum wage to N57,000, aiming to alleviate financial burdens on workers and improve living standards.
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The Nigeria Customs Service’s recent adjustment of import duty rates raises concerns over its economic impact, affecting prices and living standards amid Nigeria’s ongoing challenges.
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As Nigeria’s decade-long power sector privatization nears its October 31, 2023, deadline, unease grows amidst persistent crises that have plagued the sector for over 62 years. Initiatives like the 2005 …
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As Nigeria grapples with the repercussions of a contentious decision to abolish fuel subsidies, the government faces a daunting choice between spiraling inflation and a reluctant reinstatement of some form …
