Nigeria Economy

Naira Under Pressure: The Long, Unfinished Story of Currency Devaluation in Nigeria

In Nigeria, the value of money is rarely still.One week, a trader in Aba adjusts her prices. The next, a spare parts dealer in...

Why Intra African Trade Remains Weak Despite Massive Continental Potential

Across Africa, trucks loaded with goods often travel hundreds of kilometers only to spend days at a single border post. Markets on both sides...

The Import Addiction: How Nigeria Shifted from a Production Powerhouse to a Consumption Economy

In the bustling markets of Lagos, Kano, and Port Harcourt, the story of Nigeria’s economy is written in the most ordinary things: rice from...

From Groundnut Pyramids to Imported Goods: How Nigeria Slowly Lost Its Export Strength

There was a time when Nigeria’s economy moved with the confidence of a producing nation.Before crude oil became the center of national wealth, ships...

Before Imports Took Over: When Nigeria Produced More of What It Consumed

There was a time when Nigeria’s economy felt closer to the people who lived inside it.In Kano, traders moved groundnuts, leather, and cotton across...

From Oil Boom to Economic Strain: How Nigeria’s Wealth Became Its Weakness

When crude oil first surged into the center of Nigeria’s economy in the early 1970s, it did not arrive quietly. It arrived like a...

How Former Governors Retain Political Influence After Leaving Office in Nigeria

In many parts of Nigeria, the end of a governor’s tenure is marked with ceremony, applause, and the symbolic transfer of authority to a...

Why Acting Government Officials Stay in Power for Months Without Senate Confirmation

In government offices, the word acting is supposed to mean something simple: hold the position for now, keep things running, and step aside once...

Huge Security Budgets and the Rising Tide of Kidnapping in Nigeria

It often begins like an ordinary journey.Passengers settle into buses heading across state lines. Traders stack goods carefully. Students scroll through phones. Families assume,...

Simbiat Abiola’s Life Before June 12

Nigeria remembers Chief Moshood Kashimawo Olawale Abiola through the unfinished promise of June 12, 1993, the election widely regarded as one of the most...