News
Credit crunch leaves millions of farmers trapped in low productivity cycle
12+ hour, 10+ min ago (1078+ words) Nigeria's ambition to secure its food future is increasingly constrained by limited access to finance. Despite sustained policy attention on infrastructure, mechanisation, and climate resilience, stakeholders across the agricultural value chain now agree that without a functional and inclusive financing…...
Mounting debt tests Nigeria's resilience as N200trn mark nears
2+ week, 3+ day ago (1089+ words) A dangerous fiscal convergence is taking shape as rising debt, expanding deficits, and unresolved insecurity combine to test economic resilience in Nigeria, Africa's fourth largest economy, with public debt projected to breach N155 trillion and move toward N200 trillion amid continued reliance…...
Oil shock, rising local prices as death knell for economy
3+ week, 4+ day ago (308+ words) Unfortunately, too, the management of crude oil production and sales has been riddled with corruption and malfeasance, such that instead of huge accretion to national wealth, the country keeps going a-borrowing. Huge portions of the country's yet-to-be-produced crude oil have…...
Nigeria's N3. 5trn import bill exposes industrial blind spot
3+ week, 5+ day ago (1437+ words) A growing reliance on imported raw materials, even in the presence of abundant domestic resources, is emerging as a critical fault line in the Nigerian economy, as analysts interpret the N3. 53 trillion import bill as evidence of systemic industrial underdevelopment. Recent…...
Nigeria's chemical, pharma firms at highest risk amid Middle East crisis-MAN
4+ week, 12+ hour ago (373+ words) The ongoing geopolitical tensions involving the United States, Israel, and Iran are now presenting profound implications for Nigerian industry, with the country's chemical and pharmaceutical sectors singled out as particularly vulnerable due to export concentration and sensitivity to crude oil…...
Nigeria's 15. 06% inflation drop overshadowed by rising food costs
1+ mon, 1+ week ago (1156+ words) A mixed inflation trend emerged in February 2026 as overall price pressures moderated slightly while food costs climbed, highlighting ongoing supply-chain challenges affecting household consumption. Data from the National Bureau of Statistics (NBS) shows that headline inflation eased to 15. 06 per cent…...
Nigeria trails SSA economies as world sees 25% global connectedness
1+ mon, 1+ week ago (767+ words) Nigeria among biggest gainers since "22 Africa up 17% in international arrivals post-Covid Tracks global trade, capital, info, people flows Nigeria, despite being listed among sub-Saharan African economies with the largest connectedness gains since 2022, reflecting growing momentum in trade, investment and people…...
Money miss road - Broken faith in a "trust well
1+ mon, 1+ week ago (193+ words) Classical economics rests on a foundational assumption so obvious it rarely gets stated: money flows to where it is most productive. Capital, like water, finds its level. Savings become investment, investment becomes output, output becomes wealth. The system is self-correcting....
Hormuz tensions put 20% of global oil supply at risk
1+ mon, 2+ week ago (851+ words) Escalating military tensions between the United States, Israel and Iran are rattling global energy markets, raising fears of supply disruptions that could trigger a significant rise in oil prices and ripple through the world economy with about 20% of global oil…...
Global growth slips to 2. 6% as risks mount in 2026 " Coface
1+ mon, 2+ week ago (1297+ words) The global economy is entering 2026 with resilience but growing uncertainty, as geopolitical tensions, financial vulnerabilities and persistent social pressures weigh on the outlook for businesses and governments, according to new analysis from Coface. The trade credit risk specialist expects the…...