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A former presidential candidate says Nigeria's shoe and garment hub in Aba has untapped potential to rival the country's oil earnings. With the right support, the city could transform Nigeria's economy from consumption to production.
Nigeria will officially become host of the 2027 Intra-African Trade Fair next week, bringing thousands of businesses together to strengthen trade across the continent. The signing ceremony in Lagos marks a major step forward for Africa's economic unity and growth.
Nigeria's government just announced that supporting women-led businesses is essential to hitting its ambitious $1 trillion economy goal. A new partnership will help women entrepreneurs access financing and expand across Africa's massive free trade zone.
Nigeria's economy expanded by 4.07% in late 2025, driven almost entirely by agriculture, services, and industry rather than oil. The West African nation is proving that economic growth doesn't have to depend on fossil fuels.
After years of Monday closures that strangled local commerce, Anambra State's governor is bringing businesses back to life with a bold security plan. Thousands of traders at Nigeria's massive Onitsha Main Market can now open their doors every day of the week.
Nigeria's currency reached its strongest level in nearly two years, climbing to N1,394 per dollar in the official market. The naira's steady recovery signals growing economic stability for Africa's most populous nation.
Nigeria's economic future just got brighter as the International Monetary Fund raised its 2026 growth projection to 4.4%, citing successful reforms and improving conditions. The upgrade signals growing confidence in Africa's largest economy as it continues its steady recovery.