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  • Foreign Cash Floods Nigerian Bonds As Yields Tempt Investors June 17, 2026
  • NRC Restores Track After Fatal Warri-Itakpe Train Crash June 17, 2026
  • Mbappe Rewrites French Football History in World Cup Opener June 17, 2026

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economic analysis Nigeria

  • Business

Food Imports Fall 7.4% as Nigeria Shifts Forex Priorities

Daniel Otera2 weeks ago2 weeks ago03 mins

  Nigeria spent $2.34 billion on food imports in 2025, representing a 7.37 per cent decline from the $2.53 billion recorded in 2024, according to data published in the Central Bank of Nigeria’s latest Quarterly Statistical Bulletin. The figures, modest on the surface, carry deeper significance when placed within the broader context of how Africa’s…

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  • Features

Nigeria’s Market Reality Bites Harder Every Day

Chris Okpoko3 months ago3 months ago07 mins

In recent years, Nigeria has witnessed a perplexing economic phenomenon: the rising prices of food and essential items despite a backdrop of poor consumer demand. This situation is particularly striking as it unfolds against the backdrop of the religious observance periods of Lent for Christians and Ramadan for Muslims, times traditionally marked by fasting and…

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Recent Posts

  • Foreign Cash Floods Nigerian Bonds As Yields Tempt Investors
  • NRC Restores Track After Fatal Warri-Itakpe Train Crash
  • Mbappe Rewrites French Football History in World Cup Opener
  • JAMB Releases Mop-Up Results, Begins University Ranking
  • NCC Overhauls 8-Year-Old Telecom Pricing Framework

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