Nigeria and the Relevance of ‘Export for Survival’
Nigeria’s economy has relied on oil exports, but with global economic shifts, fluctuating oil prices, and the urgent need for diversification, exporting non-oil products has become a crucial survival strategy.
Nigeria shines as Africa’s startup funding jumps 240%
Nigeria is currently leading the way in Africa’s startup ecosystem, with a significant surge in funding. Reports indicate that African startups have experienced a 240% increase in funding, and Nigeria
The Relevance of a Professional Certificate Course in Strategic Leadership
In an era marked by rapid change, technological disruption, and complex global challenges, strategic leadership has never been more crucial. Organisations across industries are seeking professionals who can not only
Nigeria’s Headline Inflation Rate May Drop To 27% By December
Nigeria’s economic landscape is poised for a significant shift in 2025, as the headline inflation rate is projected to average 30.5% year-on-year, eventually easing to 27.1% by December. This forecast,
Naira shows stability in official market, maintains N1,550/$ bandwidth
The Nigerian naira remained stable in the official market during the second trading session of the week, as demand for the US dollar eased. According to data from the Central
Driving Growth: Nigeria’s $1trn economy achievable with key policies
Nigeria has set an ambitious goal to build a $1 trillion economy by 2030, a vision deemed achievable if decisive policies are implemented within the next three years. Financial analyst
Nigeria’s Forex Inflows Surge in Q2 2024 Amid Currency Pressures
Nigeria experienced a significant boost in its net foreign exchange (forex) inflows in the second quarter of 2024, a positive development amid ongoing currency depreciation pressures. According to data from
Naira appreciates by 0.07% against dollar in Official Market
The Nigerian naira showed notable strength at the official foreign exchange market the previous week, closing at N1,600 per US dollar. This gain represents an improvement of N1.20 or 0.07%
IMF Projects Slower Economic Growth for Nigeria in 2024
The International Monetary Fund (IMF) has adjusted its economic forecast for Nigeria, predicting a slowdown in the country’s economic growth for 2024. In its latest World Economic Outlook report, released
Nigeria’s Foreign Reserves Rise by 12.74%: A Promising Outlook for Economic Stability
In a significant development for Nigeria’s economy, Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), recently announced a 12.74% increase in the nation’s foreign reserves, which now
Foreign Investments in Nigerian Equities Surge to $150 Million in Q2 2024
Foreign investments in Nigeria’s equities market reached $150 million in the second quarter of 2024 (Q2 2024), a remarkable 204% increase from the $49.4 million recorded in the first quarter
US and UK Celebrate Nigeria’s 64th Independence Day Anniversary
On October 1st, Nigeria marked its 64th Independence Day anniversary, a momentous occasion celebrated not only within the West African nation but also across the globe. Notably, the United States