August 4, 2025

Nigeria Economy

Business World

Nigeria’s Economy Faces Risks Amid Israel-Iran Conflict — CPPE Warns

Lagos, Nigeria – June 16, 2025The Centre for the Promotion of Private Enterprise (CPPE) has raised alarm over the potential economic impact of the escalating conflict between Israel and Iran, warning that Nigeria’s already fragile economy could face further pressure. In a statement issued on Monday, the CPPE said the deepening Middle East crisis poses

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Economy General

Nigeria’s Economy Faces Headwinds as Rising Costs and Weak Confidence Weigh on Private Sector

Lagos — Nigeria’s private sector is grappling with mounting challenges as persistent cost pressures and declining business confidence threaten to slow economic recovery, analysts warn. The combination of rising input prices, inflationary pressures, and cautious consumer spending is straining businesses across key industries, raising concerns about the sustainability of growth. Recent economic data from the

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