Nigeria economy

Nigeria consumer inflation in 10-month low at 15.90% in November

Annual inflation in Nigeria slowed for the tenth month in a row in November, easing to 15.90 percent, the country's…

Lumos proffers solution to Nigeria’s electricity challenge, unleash the power of the mobile

Lumos Mobile Electricity Service is making effort in solving the age-long electricity problem millions of Nigerians face, by combining solar…

African Development Bank portfolio in Nigeria over $6bn, says Adesina

African Development Bank's total active portfolio in Nigeria is over six billion dollars, according to Adewumi Adesina, the bank's president. In…

Nigeria economy grows 1.4% in q3 as oil production increases to 2.03m bpd

Nigeria’s economy expanded in the third quarter 2017, as oil production output increased. The gross domestic product of Africa’s largest…

Nigeria set to boost agricultural exports with $1bn crop-processing park

Nigeria plans to establish a $1 billion crop-processing park with Turkish investors in the country’s north as part of efforts…

Only $2.5bn of $5.5bn foreign loan request by govt. is new borrowing, Nigerian finance minister explains

Kemi Adeosun, Nigeria’s finance minister has explained that only $2.5 billion of the recent loan request by the federal government…

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