The CBN’s choice to maintain elevated interest rates is based on drawing foreign portfolio investors (FPIs) to support the naira’s stability. However, FPIs are well-known for...
The 303rd MPC meeting signaled caution, but what Nigeria needs is direction. It needs clarity, boldness, and policies rooted in the lived realities of millions. Monetary...
A high PMI signals increased new orders, expanded production activities, and improved workforce hiring. Combined with inflation moderation and exchange-rate stability, these indicators suggest that the...
Nigeria’s real economic engine has never been crude oil. It has always been people — the small businesses, the freelancers, the founders, the creators, the innovators,...
Nigeria’s improving macroeconomic metrics are encouraging, but they shade a deeper crisis. Structural insecurity choking the nation’s food supply remains as the true enemy of price...
Nigeria’s economic challenges are far from over. Households are still juggling high transport costs, rising rent, and shrinking incomes. Consumers are not asking for drastic reductions...
Nigeria’s N75 trillion private-sector credit figures may look impressive, but manufacturers have withdrawn, SMEs have little access, banks are risk-averse, NPLs are rising, the real sector...
Meanwhile, it is important for CBN to provide clarity on the economic rationale behind this centralisation of power. The CBN must come forward to justify how...
So, is Nigeria economically broke? The uncomfortable truth is that Nigeria is not yet bankrupt but it is dangerously close. A nation cannot continue borrowing to...
If leaders can summon the political will to implement credible reforms, strengthen institutions, and invest in the real economy, Nigeria can overcome its fiscal difficulties and...