In a striking reflection of the economic challenges faced by Nigerians, staple foods such as rice and pasta have seen sales plummet to a five-year low, as rampant inflation renders …
Nigeria economy
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Nigeria, Africa’s largest economy, is facing a severe shortage of foreign exchange due to its low export earnings, according to the country’s finance minister. Wale Edun said that the economy …
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The World Bank has recently adjusted its growth projection for Nigeria, the largest economy in Africa, to a slower pace of 2.9% in 2023, down from the earlier forecast of …
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Former Anambra State governor and 2023 Labour Party presidential candidate Peter Obi criticized President Bola Tinubu’s administration for floating the naira without considering the supply-side implications. He voiced his concerns …
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On the occasion of Nigeria’s 63rd Independence Day, President Bola Tinubu took a moment to resonate with Nigerians on the challenges they face. He highlighted his administration’s dedication to driving …
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