Nigeria’s economy

Housing market and Nigeria’s economy

By Esther Agbo Overview Nigeria’s housing market, a critical component of its economy, reflects the broader economic trends and challenges facing the country. Despite significant obstacles, including economic volatility and a substantial housing deficit, the sector exhibits resilience and potential…

$1.7bn repatriated to Nigeria in Q1 2023 – CBN

The Central Bank of Nigeria said $1.7 billion was repatriated to Nigeria’s economy in the first quarter of 2023. The Governor of CBN, Godwin Emefiele, on Tuesday disclosed this at Lagos’s third Bi-Annual Non-Oil Export Summit. Also, Emefiele stated that…

Curbing export rejects through improved standards

International trade is vital to the growth of any economy. Nigeria’s economy has been largely serviced by foreign exchange earned from crude oil sales. The present administration, on various occasions, has vowed to continue to move the country away from…

Growing Nigeria’s economy beyond rhetoric

The Obasanjo led administration fought relentlessly for the course of debt cancellation. The then creditors saw the sincerity and the economic plans on ground, and they offered to do something about it. Debt relief was granted and we eventually saw…