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In 2024, inflation reshaped Nigeria’s housing market, presenting challenges and opportunities. Key findings include the need for affordable housing, innovation through cost-saving technologies, and the impact of rising construction costs …
Impact of Inflation on Nigeria’s Housing Market in 2024 Read More
Nigerians have expended N21.51 trillion on imported goods in the last four years, including N6.77 trillion on foodstuffs. Despite efforts to increase local production, import dependency continues to escalate, with …
Nigerians Expend N21tn on Food Imports Amid Rising Dependency Read More
The World Bank has identified Nigeria’s poor statistical performance in comparison to Mexico, Colombia, South Africa, and Brazil. Recommendations were made for a substantial annual investment to enhance Nigeria’s statistical …
World Bank Raises Concerns Over Nigeria’s Statistical Data Quality Read More
China has missed its 2024 emissions target, raising concerns about its carbon neutrality goals. Its carbon intensity fell 3.4%, below the planned 3.9%, while ongoing reliance on coal and rising …
China’s Emissions Target Shortfall: Implications for Global Climate Goals Read More
China has missed its carbon emissions target for 2024, with carbon intensity falling 3.4%, short of the 3.9% goal. This shortfall raises concerns about meeting longer-term climate goals and maintaining …
China’s Emissions Target Shortfall Threatens Global Climate Goals Read More
Nigeria’s economic landscape is undergoing significant transformation in 2025 due to a rebase efforts by the NBS. With inflation rates decreasing and sectors diversifying, businesses are encouraged to invest in …
Nigeria’s Economic Rebase: Unlocking New Opportunities for Businesses and Consumers in 2025 Read More
Nigeria’s inflation rate fell to 23.18% in February 2025 from 24.48% in January, attributed to lower fuel prices and a stable naira. Food inflation slightly decreased to 23.51%. Analysts warn …
Stabilization of Naira and Reduction in Fuel Prices Mitigate Nigeria’s Inflation Read More
In 2023, a Lagos manufacturing company could not find qualified chemical ecologists and resorted to importing skills from India, highlighting a significant skills gap in Nigeria. Despite numerous job vacancies, …
Widening Skills Gap Keeps Millions of Nigerians Jobless Read More
In February 2025, Nigeria’s headline inflation decreased to 23.18% year-on-year, down from 34.80% in December. Food inflation stood at 23.51%, a significant drop from 37.92% the previous year. Urban and …
Nigeria’s February 2025 Inflation Rate Declines to 23.18% Read More
The annual inflation rate in Nigeria decreased to 23.18% in February 2025, down from 24.48% in January. Food prices remain high, contributing to ongoing food insecurity. The government has initiated …
Nigeria’s Inflation Rate Declines to 23.18% in February 2025: A Detailed Overview of Economic Trends Read More