economic growth

Is Nigeria's Economy Improving? What the Numbers Say

Is Nigeria’s Economy Turning a Corner or Are Nigerians Yet to Feel It?

Economy /

Nigeria’s economy is showing signs of improvement on paper. Government revenue is rising, economic growth forecasts have become more positive, and investors are beginning to show renewed interest in the country. To economists and policymakers, these are encouraging signals that the economy may be moving in the right direction. Yet for many Nigerians, a different […]

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Beyond Transportation: The Economic Impact of Nigeria's Railways

Beyond Transportation: The Economic Impact of Nigeria’s Railways

Economy /

Transportation is often viewed simply as a means of moving people from one location to another. Yet for nations seeking economic growth, transportation infrastructure serves a much larger purpose. It connects markets, reduces business costs, improves productivity, and drives development. Among the various modes of transportation, railways have historically played a critical role in supporting

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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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PMI Names Cape Town Host for 2026 Global Summit

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The NNPC Gas Infrastructure Company (NGIC), a wholly owned subsidiary of NNPC Limited, has successfully completed the River Niger Crossing of the 130-kilometre Obiafu-Obrikom-Oben (OB3) Gas Pipeline, marking a major milestone in the expansion of Nigeria’s national gas transmission network. The successful crossing unlocks the full potential of the OB3 Pipeline, a strategic infrastructure designed

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