By Jemimah Wellington, JKNewsMedia Correspondent NIGERIA’s ECONOMIC transformation is gathering momentum as policymakers push through painful but necessary reforms aimed at stabilising the country’s finances and unlocking its vast growth potential. The impact is beginning to show, but rising inflation, entrenched poverty, and a volatile globa...
By Jemimah Wellington, JKNewsMedia Correspondent RANKED 178 OUT of 189 countries surveyed, Nigeria stands as the 12th poorest globally by Gross Domestic Product (GDP) per capita in 2025. This revelation is based on the International Monetary Fund (IMF) data published by Visual Capitalist. The report indicates that Nigeria’s GDP per capita sta...
By Jemimah Wellington, JKNewsMedia Reporter NAIRA’s RECENT signs of stability highlight ongoing economic shifts in Nigeria. The International Monetary Fund (IMF) attributes this progress to interest rate hikes and the Central Bank of Nigeria’s (CBN) efforts to clear foreign exchange backlogs. The CBN announced on March 20 the successful settle...
