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Articles on Economy

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Nigeria’s economy is struggling to recover from fluctuating oil price, inflation and impact of COVID-19 pandemic. Photo by Pius Utomi Ekpei/AFP via Getty Images

Nigeria’s debt is sustainable, but dangers loom on the horizon

To non-economists, the World Bank ranking Nigeria fifth on the list of its top ten debtor countries is alarming. A deeper analysis shows there is no cause for concern.
Nigeria recently started commercial operation of a China-assisted railway linking the southwestern cities of Lagos and Ibadan. Emma Houston/Xinhua via Getty Images

Book review: Nigeria has democracy but not development. How to fix it

In his new book, Nigeria Democracy Without Development: How To Fix It, international political economist Omano Edigheji explains why democracy has not led to development in Nigeria.
In happier days. Nigerian President Muhammadu Buhari (centre) and Vice President Yemi Osinbajo (left) pose as Facebook founder Mark Zuckerberg takes a selfie during his visit to the country in 2016. Sunday Aghaeze/AFP via Getty Images

Twitter ban will harm Nigeria as a technology investment destination

Nigeria risks losing its recent status as Africa’s most attractive tech hub following its decision to suspend Twitter’s operations.

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