New train services like this, in Lagos, are designed to boost economic activities and ease movement of passengers.
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Nigeria’s next president will be saddled with a near comatose economy. Here are four priorities that would make the difference.
Godwin Emefiele, gouverneur de la Banque centrale du Nigeria, annonçait récemment une hausse des taux d’intérêt.
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Dans le pays le plus peuplé d’Afrique, l’importance du secteur informel et le faible recours des ménages et des entreprises au crédit rendent une hausse du taux d’intérêt plutôt inopportune.
Interest rate hike may not directly impact the average Nigerian.
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It is hard to fathom how Nigeria’s Central Bank interest rate increase would benefit most Nigerians.
Abortion rights activists demonstrate outside Supreme Court Justice Brett Kavanaugh’s home in Maryland on May 18, 2022.
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Americans have long said they generally support abortion rights, but understanding specific breakdowns of opinion across demographics, and the history of abortion beliefs, is also important.
Minimum wage is no match for rising cost of living.
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With a monthly minimum wage of 30,000 Naira (US$72), the average Nigerian worker is groaning under the weight of the rising cost of living.
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Academics reflect on books on topical issues in Nigeria that they read in 2021.
Protestors march in Lagos during a demonstration against fuel subsidy removal in 2012.
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Removal of the fuel subsidy in Nigeria is long overdue, but replacing it with a transport grant is not the best approach.
A January 2012 demonstration against the removal of petroleum subsidies in the northern Nigerian city of Kano.
LPhoto credit should read
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Nigeria must remove fuel subsidies and channel the funds to critical sectors of its economy.
Threatened by insecurity, farmers in Nigeria’s farm belt are increasingly abandoning their land, leading to higher cost of food
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Nigeria’s post COVID-19 economic recovery plan has resulted in only marginal improvements in economic growth, manufacturing and foreign direct investment.
Nigeria’s economy is struggling to recover from fluctuating oil price, inflation and impact of COVID-19 pandemic.
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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.
Millions of young Nigerians live on the streets of Lagos and survive through street trading.
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Youth unemployment in Nigeria is a skills mismatch problem – corporations can’t find suitable workers in the midst of a large pool of unemployed workers.
Nigeria’s poverty profile is embarrassing
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Nigeria needs more industrial production, foreign and domestic investment, not just handouts.
President Muhammadu Buhari raises his fist during an inspection of honour guards on parade to mark Democracy Day in Abuja, on June 12, 2019.
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President Buhari’s Post COVID-19 economic recovery plan is neither novel nor ground-breaking.
Seven democratic candidates convened in Los Angeles for a debate.
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Scholars explain important moments in the Democratic presidential debate on Dec. 19.
Nigerian soldiers pictured at their post on the land border with Niger in 2015.
Border closure is an implicit admission of the ineptitude and incompetence of Nigeria’s customs and immigration officers
Nigerians celebrate the announcement of Muhammadu Buhari’s victory. But can he deliver jobs this time round?
Nigeria’s high unemployment rate has created a bloated and unproductive informal sector.
A hawker sells clocks on a roadside in Nigeria’s oil rich Bayelsa state.
Most of the things Nigerians complained about in 2015 are still unresolved – unemployment, poverty and economic disempowerment.
Nigeria has abandoned the idea of a national airline.
Many of the structural and institutional deficiencies that caused the collapse of Nigeria Airways are still present.
Nigerian President Muhammadu Buhari heads to the White House.
It’s inconceivable that military prowess can offer long-term solutions to Nigeria’s deep-rooted institutional problems.
Wole Soyinka should rather galvanise like-minded Nigerians and demand that Nigeria’s looted treasury be returned.
Nigeria’s economy is indeed under severe strain but sub-Saharn Africa’s most populus nation won’t solve its economic problems via an emergency national confab.