Northern Nigeria is a key player in the economic space of the country, contributing through its large land mass, great population, and wide array of natural and human resources. Stretching over many states that have different climates and cultures, the region...
Nigeria is a large player in global trade, which is in great part due to its size, population, and natural resources. As the largest economy in Africa, it serves as a bridge between West African regional markets and also to the...
Infrastructure is a base for any modern economy. It consists of the physical structures and services which support day-to-day life and economic action, like roads, power grids, homes, water treatment, and digital infrastructure. If infrastructure is reliable and efficient, which it...
Urbanization is the process where we see our population leave rural areas for urban areas, which in turn causes growth of urban spaces and our way of life. It is a natural part of progress, which goes hand in hand with...
Digital economy is what we see of economic activities which are made possible by digital technologies, in particular, the internet, mobile devices, software, and data-based platforms. In other words, it is how people buy, sell, work, communicate, and create value via...
Fuel is a key issue which plays out in the operation of businesses in Nigeria. From the independent shop owner looking to minimize costs to the large-scale manufacturer which has to manage distribution networks across the nation, fuel is a basic...
Manufacturing has been a key element in economic growth for years, and in the case of Nigeria, we are seeing that role become even more preeminent today. For some time, the economy has been dominated by the crude oil industry, but...
Entrepreneurial growth in Nigeria has become a primary force in the economy, serving as a response to high levels of unemployment and a lack of formal job options. In cities and rural areas across the country, Nigerians are starting businesses in...
Nigeria is known to be a young nation at large in terms of its history, which is a fact, and also because of its large youth population. Over 40% of the Nigerian population are people below the age of 30, which...
Financial technology, also known as fintech, is the implementation of digital technologies into financial services, which we see as an improvement and automation of them. This includes the likes of mobile banking, online payments, lending platforms, and investment apps. In past...
Agriculture has played a core role in Nigeria’s economy, serving as a base for livelihoods, food supply, and national development. Although the country is known for its large oil production, farming is still a very large sector, which is also true...
Africa is at a crossroads in terms of its economic development. We see a large, growing population, great natural resource wealth, and increasing interest from the world stage, which put us in a key position to transform into a preeminent player...
Inflation is a common topic in the news and in economic reports, but in essence, it is just a sustained increase in the price of goods and services over time. As inflation goes up, the value of the same amount of...
Nigeria is an active member of the economic community on the African and global stage, a position it has built over the years through its large population, rich natural resources, and developing business environment. Among the many issues that Nigeria’s economy...
Nigeria is an influential economy in Africa, which is at times reported to be the largest in terms of population, natural resources, and market size. As a country which produces large amounts of oil and also has a young, dynamic population,...
Introduction: Why Government Matters in the Economy The government’s role in the economy is very present, although many only notice it when things go south. At price increases, job diminution, or business struggle, we see a rush to judge what the...
Why Fuel Prices Matter Fuel issues are a topic which people may not give much thought to until we see the numbers go up. Also, what they do is play a role in many aspects of our lives which we may...
Why Exchange Rates Matter More Than You Think Exchange rates may just seem out of the average individual’s concern, but in fact, they at large play a role in everyday life in more than what people think. You may not see...
