Nigeria: Economic Analysis

Nigeria's creator economy has moved from informal hustle to an investable industry. The 2025 Nigerian Creator Economy Report (NCER), the first government-backed assessment of the sector, valued it at $31.2 million, with the music industry alone paying artists roughly ₦58 billion in royalties in 2024, and the fashion sector growing into a $4.7 billion contributor to GDP. Industry forecasters expect the broader African creator economy to multiply several times over by the end of the decade.

Nigeria's transition from Wale Edun to Taiwo Oyedele as Finance Minister raises critical questions about whether a tax reform specialist can sustain the macroeconomic architecture that restored international investor confidence. Can a revenue-focused approach preserve the delicate balance between foreign investment attraction and domestic economic relief that Edun's FX reforms achieved? The answer will determine whether Nigeria continues its structural repositioning or reverts to extraction over growth.

Nigeria possesses vast oil reserves, fertile land, and a young population, yet continues to struggle with poverty and weak infrastructure. This analysis examines why resource wealth has failed to translate into prosperity...

The practice of law has evolved into a profession no longer confined by borders. In today's globalised legal economy, lawyers operate within an interconnected system shaped by cross-border trade, international...

The National Space Research and Development Agency Act appears intended to encourage private participation in satellite launches and related commercial space activities.

2025 was a year of recovery for Nigeria's economy following the ambitious reforms of the Nigerian government, and the capital market played a key role in driving that progress.

The petroleum industry has been the cornerstone of Nigeria's economy, contributing around 90% of its export earnings and 40% of government revenue.

Nigeria's digital space refuses to slow down despite the economic downturn, fueled by widespread mobile internet adoption and a flourishing tech ecosystem.

Even though we are only halfway through 2024, the year 2024 has already proven to be momentous and exciting for the telecommunications, technology, and financial services industries in Nigeria.