Chris Okpoko

Nigeria’s Export Warning: Agriculture and Manufacturing Are Losing Ground

Nigeria’s Export Warning: Agriculture and Manufacturing Are Losing Ground

Nigeria’s merchandise trade position may have strengthened dramatically, but beneath the headline surplus lies a troubling warning: the country is still struggling to build a diversified export economy. The latest trade figures from the National Bureau of Statistics (NBS) show that Nigeria recorded a merchandise trade surplus of N12.60 trillion in the second quarter of…

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Nigeria’s ‘Cheap’ Electricity Is a Costly Scam

Nigeria’s ‘Cheap’ Electricity Is a Costly Scam

There is something deeply absurd about Nigeria boasting that it has the cheapest electricity tariff among 14 African countries when millions of Nigerians still have to buy petrol and diesel to produce the electricity they are supposedly paying for. According to the Nigerian Electricity Regulatory Commission (NERC), Nigeria’s average allowed end-user electricity tariff was just…

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Nigeria's Economic Outlook, Q4 2026

Nigeria’s Economic Outlook, Q4 2026

    According to the World Bank’s Global Economic Prospects published in June 2026, the ongoing conflict in the Middle East has sent shockwaves through international markets, particularly by precipitating sharp increases in energy prices. This development reverberates across the globe, contributing to a projected slowdown in global growth to 2.5 percent for the year….

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Delta Steel’s $1.3bn Gamble: Can Nigeria Finally Turn Steel Into an Industrial Powerhouse?

Delta Steel’s $1.3bn Gamble: Can Nigeria Finally Turn Steel Into an Industrial Powerhouse?

For decades, Nigeria’s steel industry has symbolised a promise repeatedly made but rarely fulfilled. The country has the raw materials, a large domestic market and a clear need for industrial steel, yet the ambition to build a self-sustaining steel industry has remained elusive. The Federal Government’s latest move to revive the dormant Delta Steel Company…

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Foreign Investors Pull Out N266bn From Nigerian Stocks

Nigeria’s Stock Market Boom Hits a Reality Check: What the Pullback Means for the Economy

Nigeria’s equities market is entering a more uncertain phase after one of its strongest rallies in years, with investors beginning to cash in on spectacular gains and raising a broader question: is the recent retreat simply a healthy correction, or is it an early warning that the market’s extraordinary momentum is beginning to run out…

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Nigeria’s FX Warning: $5.54bn Outflow Threatens to Wipe Away Inflow Gains

Nigeria’s FX Warning: $5.54bn Outflow Threatens to Wipe Away Inflow Gains

Figures in the Central Bank of Nigeria’s first-quarter 2026 Statistical Bulletin, published recently, reveal both the continuing strength of Nigeria’s foreign exchange-generating capacity and the growing pressure on available foreign currency from imports, external obligations, capital movements, and other payments. The March position was the weakest monthly net foreign exchange flow since December 2025. Nevertheless,…

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Spanish LALIGA Week 1 Match Preview and Forecast

Spanish LALIGA Week 1 Match Preview and Forecast

Saturday, August 15, 2026 Match                                                 Time                      Venue Alavés    v             Getafe                   6.30PM                Mendizorrotza, Vitoria-Gasteiz Sevilla    v             Rayo Vallecano    8.30PM                Ramón Sánchez Pizjuán Stadium, Sevilla   Sunday, August 16, 2026 Racing    v             Villarreal               4.00PM                El Sardinero, Santander Santander Espanyol v            Levante                 6.00PM                RCDE Stadium, Barcelona Celta Vigo v          Osasuna               8.30PM                Balaidos, Vigo  …

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4.85 Million Electricity Consumers Still Lack Meters

Lagos State Electronic Physical Planning Process System (EPPS): Insights from Personal Experience

Urban planning is a critical component of any city’s development; as Lagos State evolves into a megacity, the importance of an efficient and transparent planning process cannot be overstated. In November 2025, Lagos State made significant strides toward modernising urban planning through the Electronic Physical Planning Process System (EPPS). This digital innovation seeks to streamline…

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Beyond Grid Expansion: Assessing Nigeria’s Entry into the World Energy Council

Why Nigeria Should Delay Electricity Subsidy Removal Beyond 2027

Electricity is a critical infrastructure that drives economic development, social welfare, and overall quality of life. In Nigeria, where power supply has long been erratic and inadequate, the government’s management of electricity tariffs and subsidies has profound implications for citizens and the economy. Recent media reports indicate the federal government plans to phase out electricity…

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