Imagine preparing a pot of jollof rice in Lagos in 2016 versus 2026. The recipe has not changed. Rice, tomatoes, peppers, onions, oil, seasoning, and possibly chicken. But the cost of the pot has multiplied. That is Nigeria’s inflation story. Economists measure inflation using indices and models. Nigerians experience it through food. And no food…
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Emerging markets are pivoting. After leading the world into aggressive tightening, they are now leading the turn toward easier money. Policy rates that once defended currencies and crushed inflation are beginning to fall — not because risks have vanished, but because the balance of risk has shifted. The question is no longer whether inflation can…
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In 2016, Nigeria was in recession. In 2026, the International Monetary Fund (IMF) projects that Nigeria will rank among the largest contributors to global real GDP growth. This shift is not cyclical. It is structural. And it says as much about the changing architecture of the global economy as it does about Nigeria itself. Importantly,…
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