Nigeria’s economy, which ranked as Africa’s largest in 2022, is set to slip to fourth place this year and Egypt, which held the top position in 2023, is projected to fall to second behind ...

Nigeria’s $34.8 billion spending plan for 2024 focuses on stabilizing Africa’s largest but ailing economy and tackling a security crisis.

A policy think tank, the Independent Media and Policy Initiative (IMPI), has said the nation’s economy is not performing badly nut moving towards a new and efficient model.. IMPI said publicly ...

The World Bank's lead economist for Nigeria, Alex Sienaert, said during a presentation in the capital Abuja that the economy grew by 4.6% year-on-year in the fourth quarter of 2024, and pointed to ...

Nigeria’s President Bola Tinubu has introduced far-reaching economic reforms. They are unlikely to improve the living conditions of Nigerians in 2025. Nigeria’s economy in 2025 doesn’t look ...

Only two years ago Africa’s biggest economy, Nigeria is projected to drop to fourth place this year. The pain is widespread. Unions strike to protest salaries of around $20 a month.

Nigeria’s economy grew at 2.7% last year, the lowest rate since the country’s recession in 2020, according to the state statistics office.

Nigeria's central bank has ended its distorted foreign exchange rate, a move the new government in Africa's biggest economy hopes will help woo investors and stabilize the local currency.

The Financial Reporting Council of Nigeria (FRC) on Wednesday pointed out that Nigeria was not yet a hyperinflation economy. A statement signed by its Exec­utive Secretary/Chief Executive Officer ...

Nigeria’s currency adjustment is one of the largest anywhere for years: only the Ethiopian birr has seen a bigger move recently. Benefits of a weaker naira. In any developing economy, the most ...

Nigeria's leader on Wednesday presented a 27.5 trillion naira ($34.8 billion) spending plan for 2024 to federal lawmakers, with a focus on stabilizing Africa's largest but ailing economy and.

The World Bank's lead economist for Nigeria, Alex Sienaert, said during a presentation in the capital Abuja that the economy grew by 4.6% year-on-year in the fourth quarter of 2024, and pointed to ...