Why Is Food So Expensive in Nigeria?
In Nigeria, food prices are skyrocketing. For many, food has become a luxury rather than a basic necessity. Here’s what’s causing Nigeria’s food inflation and what we can do about it.
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Economics
Nigeria’s Unfinished Quest for Economic Independence
In the 70s, Nigeria tried to achieve economic independence by launching Africa’s most comprehensive industrial indigenization programme. Why didn’t it work? More importantly, what did we learn?
Nigeria’s Shiny New Loan
Is the recent $2.25 billion loan from the World Bank a lifeline or trap door?
Highway to Where?
Beyond being a transformative infrastructure project aimed at connecting Nigeria’s southern coastline, the story of the Lagos-Calabar Coastal Highway represents the interplay of competing interests in undertaking monumental economic projects.
A Tale of Two Economies
What can we learn from Nigeria’s economic decline and South Africa’s relative economic stability?
The Disappointing Downturn of Foreign Direct Investment in Nigeria
Nigeria, once Africa’s top foreign investment destination, has fallen from grace. Is there a way forward?
What is Happening to the Naira?
Is it floating? Is it sinking? With the nose-dive the naira took following the latest policy to float the currency, there has been an intense sense of distress regarding the future of the currency and the Nigerian economy.
The Minimum Wage Debate Exposes Nigeria’s Weak Federal System
The struggle to afford basic needs with a living wage highlights the governance imbalance in Nigeria.
TINUBU’S FIGHT OR FLIGHT ECONOMY
One year into the Bola Ahmed Tinubu administration, Nigerians are faced with serious economic hardship leaving many to constantly worry about remaining in Nigeria or leaving for greener pastures.
The Difficult Playbook of Cardoso’s CBN
Highlights from the 2024 IMF/ World Bank Spring Meetings.