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Challenges and Opportunities: A Closer Look at Nigeria's Foreign Trade in Naira

Challenges and Opportunities: A Closer Look at Nigeria's Foreign Trade in Naira

By Obi / Mar 14, 2023 / Countries

Nigeria's foreign trade is a crucial component of its economy, with impressive figures of imports and exports in 2022. However, the fluctuation of the naira remains a challenge. The government has taken steps to stabilize the exchange rate and encourage exports to diversify the economy....

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Sub-Saharan Africa in the Global Innovation Index 2022: Regional Leaders and Improvers

Sub-Saharan Africa in the Global Innovation Index 2022: Regional Leaders and Improvers

By Obi / Feb 13, 2023 / Countries, Development, Sustainability

In Sub-Saharan Africa, Mauritius and South Africa lead the region in innovation, followed by Botswana and Kenya. Sixteen economies show improvement, including Botswana and Mauritius from the Global Innovation rankings from 2021....

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Flawed Democracy: The State of Political Freedom in Sub-Saharan Africa

Flawed Democracy: The State of Political Freedom in Sub-Saharan Africa

By Obi / Feb 03, 2023 / Countries, Governance, Politics

The Democracy Index's 2022 findings show marginal improvement in Sub-Saharan Africa, with the best performers being Angola, Niger, Senegal, Togo, and Malawi. The region remains the second-lowest ranked in the world, with democratic retreat continuing in Sahel and West Africa....

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Reviving Africa's Economies: A Look at GDP Growth Post-Pandemic (2020-2023)

Reviving Africa's Economies: A Look at GDP Growth Post-Pandemic (2020-2023)

By Obi / Feb 02, 2023 / Countries

Explore the impact of COVID-19 on African economies and see which countries are leading the way in GDP growth from 2020-2023....

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Nigeria and Africa's Struggle Against Corruption: A Decade of Stagnation

Nigeria and Africa's Struggle Against Corruption: A Decade of Stagnation

By Obi / Feb 01, 2023 / Countries, General, Governance

The latest results from the 2022 Corruption Perceptions Index (CPI) show a worrying trend for African nations in the fight against corruption. Out of the 54 African countries ranked, only 10 have seen an improvement in their scores since 2012, while 44 have either seen no significant progress or have declined....

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Nigeria's Democratic Gains Have Stalled

Nigeria's Democratic Gains Have Stalled

By Obi / Jun 12, 2020 / Countries, Politics

This year Africa's largest democracy celebrated its Democracy Day on the 12th of June. Every year, s...

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Thinking of starting a business in Nigeria? Go north!

Thinking of starting a business in Nigeria? Go north!

By Obi / Feb 03, 2020 / Countries, Development

For local entrepreneurs wanting to start and operate a small business in Nigeria, location matters as large differences exist throughout the country in the business regulatory environment. We take a look at the latest subnational Doing Business Report for Nigeria by the World Bank....

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All Nigerians States But One, Caught in a Debt Trap and It’s not Lagos

All Nigerians States But One, Caught in a Debt Trap and It’s not Lagos

By Obi / Jan 29, 2020 / Countries, Governance, Sustainability

We took a look at the debt profile of all the states in Nigeria covering the period of 2011 to 2018, to find out which ones have been sustainably managing their debts....

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Increasing Appetite for External Debts by Nigerian States Led By Lagos

Increasing Appetite for External Debts by Nigerian States Led By Lagos

By Obi / Jan 27, 2020 / Countries, Governance

According to the Debt Management Office in Nigeria, for most of the last decade, the external debt p...

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2018 Debt Per Capita for All The Nigerian States

2018 Debt Per Capita for All The Nigerian States

By Obi / Jan 24, 2020 / Countries, General

Debt per capita is how much debt a government has per citizen. According to Investopedia, it is...

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How Quickly Are States in Nigeria Piling Up Debt?

How Quickly Are States in Nigeria Piling Up Debt?

By Obi / Jan 22, 2020 / Countries, Governance

Borrowing by the state governments and the Federal Capital Territory in Nigeria has been increasing at an average annual rate of 10.2%, faster than the national GDP growth over the same period....

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Nigeria: Which States Depends The Most on Federal Allocations

Nigeria: Which States Depends The Most on Federal Allocations

By Obi / Jan 22, 2020 / Countries, Governance

Yobe state in 2018 was the most dependent on Federal funds for its revenue. Only Lagos and Ogun have...

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2018 Proving to be a Pivotal Year for Revenue Generation by Nigerian States

2018 Proving to be a Pivotal Year for Revenue Generation by Nigerian States

By Obi / Jan 21, 2020 / Countries, Governance

2018 See Revenue Drive by State Governments Hit A Milestone Taking a look at the internally gen...

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The Most Agrarian State in Nigeria

The Most Agrarian State in Nigeria

By Obi / Jan 18, 2020 / Countries, General

Nigerian Farmers Agriculture is one of the mainstays of the Nigerian economy, and we took at look at...

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Adult Literacy: Northern Nigeria Still Has A Lot of Catching Up To Do

Adult Literacy: Northern Nigeria Still Has A Lot of Catching Up To Do

By Obi / Jan 17, 2020 / Countries, Development

According to Unesco, adult illiteracy is defined as the percentage of the population aged 15 ye...

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Oil Giants, Nigeria and Angola, Amongst the Least Complex Economies

Oil Giants, Nigeria and Angola, Amongst the Least Complex Economies

By Obi / Jan 17, 2020 / Countries, Development

Harvard’s Center for International Development has created the Economic Complexity Ranking, based on the diversity of exported goods by each country...

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Nigeria Now Account for 1 in 4 Africans Online

Nigeria Now Account for 1 in 4 Africans Online

By Obi / Jan 16, 2020 / Countries

According the latest Internet Users figures released by Internet World Stats, in 2019, Nigeria had t...

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Southern Hemisphere African Countries Dominate Most Powerful Passports on the Continent

Southern Hemisphere African Countries Dominate Most Powerful Passports on the Continent

By Obi / Jan 16, 2020 / Countries, General

Nigeria might be the biggest economy in Africa but has to stand on the sidelines as other countries dominate the passport power rankings....

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