For years, Nigeria’s economic debates have revolved around oil prices, exchange rates and inflation. Yet beneath these top issues lies a quieter system that determines whether food reaches markets, medicines reach hospitals, and factories remain open- the supply chain. A new report by Rome Business School Nigeria (RBSN) argues that Nigeria’s weak and fragmented supply …
The Federal Government has reaffirmed its commitment to reclaiming Nigeria’s position among the world’s top cocoa-producing countries, aiming to drive job creation, economic growth, and food security. Speaking at the International Cocoa and Chocolate Forum (ICCF 2026) in London on January 26, 2026, Minister of Agriculture and Food Security Abubakar Kyari said Nigeria possesses natural …
The International Monetary Fund (IMF) has raised Nigeria’s economic growth forecast for 2026 to 4.4 per cent. The Fund cited improved macroeconomic conditions and ongoing reforms as key drivers. According to the IMF’s January 2026 World Economic Outlook (WEO), titled “Global Economy: Steady amid Divergent Forces”, Nigeria’s economy will grow steadily from 4.1 per cent …
Renowned economist and Chief Executive Officer of Economic Associates, Ayo Teriba, has said the Federal Government can generate more revenue by optimising its assets rather than selling them. He said the government could unlock value from assets such as real estate, oil and gas, and the energy sector by listing them on the capital market …
Uganda’s export earnings soared to $1.5 billion in October, nearly double the same month last year, according to official data. The surge reflects strong receipts from key commodities. Coffee, Uganda’s cornerstone export and top source of foreign exchange, benefited from elevated global prices. As Africa’s leading coffee exporter in 2025, Uganda earned a record $2.4 …
Nigeria must move decisively from rhetoric to action if it hopes to tackle poverty, soaring debt, and weak economic growth. That was the stark warning issued by the Economic Advisory Council (EAC) of the Nigerian Economic Summit Group (NESG) during its third quarterly interactive session with journalists and stakeholders in Abuja. At the high-level meeting, …
As discussions about Nigeria hitting a $1 trillion economy target by 2030 continue, experts have hinted at the indispensable role of Small and Medium-sized Enterprises (SMEs), in realizing that goal. SMEs, which form the backbone of the economy (contributing nearly 50 per cent to GDP and over 80 per cent to employment), must be at …
When the Nigerian Bureau of Statistics (NBS) announced that inflation had declined for the seventh consecutive month, falling from 34.6% last year to 16.05% in October 2025, policymakers celebrated. On paper, the trajectory suggested a successful year of monetary policy tightening, stable exchange rates, and improved food supply. Yet for households in Abuja’s Nyanya, Lagos’ …
As Côte d’Ivoire prepares for President Alassane Ouattara’s fourth term in office, the nation finds itself at a defining crossroads. On one hand, it is celebrated across the continent as an economic success story, a country that has managed to sustain robust and uninterrupted growth for more than a decade. On the other hand, deep …
Nigeria’s economy recorded its eleventh consecutive month of expansion in October 2025, according to the Central Bank of Nigeria (CBN) Purchasing Managers’ Index (PMI), which rose to 55.4 points from 54.0 points in September. The CBN report highlighted growth across the industry, services, and agriculture sectors. The industry sector PMI reached 54.2 points, with 9 …
