Nigeria’s economy showed positive momentum in the second quarter of 2024, with Gross Domestic Product (GDP) growth reaching 3.19% year-on-year in real terms. This...
In the first quarter (Q1) of 2024, Nigeria experienced a remarkable surge in capital importation, reaching $3.376 billion. This represented a significant 198.06% increase...
Commodity prices are the bedrock of global economies, influencing everything from food security to industrial production. Fluctuations in these prices can ripple through supply...
Nigeria's economy faced a turbulent first half in 2024, grappling with persistent inflation fueled by soaring food prices, rising energy costs, and a depreciating...
Questions answered in this article:
- How has the removal of fuel subsidies by President Tinubu significantly contributed to more hardship in Nigeria?
- What effort is...
In Nigeria, the agricultural sector, particularly crop production, plays a significant role in the country's GDP, with potential for growth through infrastructure investment and technological advancements.
Nigeria has seen a decrease in both import and export values due to factors like currency devaluation, lower demand for goods, and global price fluctuations.