Author: Premium

Nigeria’s long dance with devaluation ends in reform-driven float Summary – After decades of dancing around currency reform, Nigeria is

read more Nigeria’s long dance with devaluation ends in reform-driven float

Summary – Dollar shortages that once crippled trade and investment are easing, thanks to sweeping reforms by the Central Bank

read more Businesses relieved as dollar drought eases

Currency devaluation is often marketed as a silver bullet, an economic fix that boosts exports, attracts investment, and enhances competitiveness.

read more Devaluation’s deep scars on Nigerian economy

The Central Bank of Nigeria’s (CBN) total assets surged by 740 percent over the last decade, a spike closely linked

read more CBN’s assets jump 740% in a decade on FX devaluation

Nigeria’s music industry is a global powerhouse. Afrobeats drives billions of streams worldwide, with artists like Burna Boy, Wizkid, Rema,

read more Big talent, broken system: The industry behind Afrobeats

Foreign exchange-induced costs have raised airlines’ operating costs, erasing gains from an earlier steep reduction in the price of aviation

read more FX-induced costs knock off airlines’ fuel price gains

Many Nigerians may be disappointed in how successive leaders since 1999 have pulled the levers of democracy and governance in

read more Democracy Day: 26 years of trials, triumphs, turmoil

Nigerian banks have collectively raised over N13 trillion in fresh equity capital as of mid-2025, significantly strengthening their capital buffers

read more Recapitalisation: Nigerian banks raise N13trn in boost for credit

…Yields lowest among peers Nigeria may continue to see crop losses except it fixes the inadequate storage infrastructure, which puts

read more Poor food storage system crimps farm output

Nigeria’s economy is bracing for fresh turbulence as global oil market analysts warn of a potential decline in crude prices

read more Budget at risk over analysts’ $50 oil outlook