Economy

When Groundnut Pyramids Defined Nigeria’s Economy

When Groundnut Pyramids Defined Nigeria’s Economy

Economy /

Long before crude oil became the backbone of Nigeria’s economy, groundnuts helped build the nation. For decades, Nigeria was one of the world’s leading producers and exporters of groundnuts, commonly known as peanuts. The crop generated foreign exchange, created jobs, supported rural communities, and contributed significantly to government revenue. At the centre of this success […]

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More Young Nigerians Are Leaving in Search of Opportunities

More Young Nigerians Are Leaving in Search of Better Opportunities

Economy /

Across airports in Lagos, Abuja, Port Harcourt, and other major cities, a familiar story continues to unfold. Young Nigerians are leaving. Some are heading to the United Kingdom for postgraduate studies. Others are relocating to Canada, Australia, the United States, and several countries across Europe and the Middle East. For many, the journey represents more

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FTC Chairman Says Reforms Key to Nigeria's Growth Path

Nigeria’s Economic Growth Hinges on Stronger Capital Market Reforms, Says FTC Chairman

Economy /

The Chairman of Financial Trust Company (FTC), Niyi Ajayi, has said that Nigeria’s long term economic growth will depend significantly on the success of ongoing reforms within the country’s capital market. Speaking on the state of the Nigerian financial market, Ajayi noted that despite current economic challenges, the capital market continues to serve as an

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