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Articles sur 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.

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