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Nigeria’s cashew industry is a hidden goldmine, brimming with untapped potential. As one of the world’s top cashew producers, the country stands at a crucial turning point—it can transform raw exports into a thriving value-added sector. Nigeria has yet to fully...
Nigeria has the biggest economy in Africa in terms of GDP. In 2022, the country's GDP stood at 477.4 billion US dollars. It is because Nigeria also has the highest population in Africa. The country boasts a population of over 220 million. A big part of that GDP comes...
Nigeria is one of the biggest producers of cocoa beans in the world. The country makes up 12 percent of the global cocoa production. It is currently the fourth-largest producer of cocoa, producing 370,000 metric tonnes. Nigeria's journey in the cocoa industry traces...
Nigeria boasts one of the biggest agricultural economies in the world. The country has close to 70 million hectares of agricultural land. Of this, 34 million hectares of land are unutilized arable land. The scope for agriculture and agri-based work in this country...
Nigeria boasts one of the largest agricultural economies globally, contributing approximately 24 percent to the annual GDP. It encompasses various areas, including crop production, livestock, fisheries, and forestry. Within livestock, ranching is a notable subcategory...
Nigeria’s startup ecosystem has become a beacon of innovation in Africa. With a vibrant entrepreneurial landscape, the country is home to a growing number of startups that are tackling local and global challenges. This article explores Nigeria's top 10 startup...
Nigeria is one of the biggest economies in Africa and has one of the fastest population growth rates. Its population is on track to cross 400 million by 2050. Thus, one of the economy's biggest challenges is ensuring food security. The country’s lack of food security...
Nigeria is one of over 100 countries that use rice as a staple food. It also boasts the biggest economy in Africa and the world's eighth-largest arable land mass. These factors should position Nigeria as one of the top rice exporters worldwide. Yet, the country's rice...
The Bourse Régionale des Valeurs Mobilières (BRVM) is a remarkable achievement in regional financial integration. It operates as a single stock exchange serving eight member countries of the West African Economic and Monetary Union (WAEMU). Based in Abidjan, Côte...
How we see the agricultural landscape and its drivers in Nigeria is changing. After decades of ignorance, women in agriculture are finally coming into the spotlight. The government and many other organizations are helping to empower female farmers in Nigeria. This...
Nigeria has an agriculture-based economy. The contribution of agriculture to the GDP of Nigeria in 2023 was 23.78%. The information was by the Nigerian Minister of Rural and Agricultural Development. The sector also employs 35% of the country's labor force [FAO 2020]....
Nigeria has a population of over 200 million, which correlates to its big economy. The country's technology sector has been booming for the past few years. The contribution of the ICT sector to the GDP was 17.47% in 2023 [NBS]. Nigeria's technology and financial...