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    The Sun News, Nigeria04:26Nigerian Economy Africa
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    1 Apr 10:50

    About our Nigeria news / Naija news

    Latest news on Nigeria, Africa's most populous nation, covering politics, economy, security, Nollywood, culture, and stories from Lagos, Abuja, and beyond.

    Nigeria is the most populous country in Africa, with approximately 237 million people spread across 36 states and the Federal Capital Territory. The country's largest city, Lagos, is home to over 17 million residents, making it the continent's biggest urban centre. Other major cities include Kano, Ibadan, and the capital Abuja, which was purpose-built and officially replaced Lagos as the seat of government in 1991.

    The Nigerian economy, Africa's largest, is undergoing significant reform under President Bola Tinubu's administration, which took office in 2023. Key policy changes include the removal of fuel subsidies and the liberalisation of the foreign exchange market. While economic growth has improved and inflation has begun to ease, challenges remain: food insecurity persists, poverty rates remain high, and many households continue to face rising living costs. The Central Bank of Nigeria maintains a tight monetary policy stance to combat inflation.

    Security remains a pressing concern, with ongoing challenges from insurgent groups in the northeast, banditry in the northwest, and kidnappings in various regions. The federal government has declared a state of emergency and announced expanded recruitment for security forces. Meanwhile, Nigeria's vibrant cultural scene continues to flourish. Nollywood, the world's second-largest film industry by output, produces thousands of films annually and has gained increasing international recognition through streaming platforms and film festivals.

    Nigeria's diverse cultural tapestry reflects over 250 ethnic groups, with the Hausa-Fulani, Yoruba, and Igbo being the largest. The country gained independence from Britain on 1 October 1960 and has since navigated periods of military rule before establishing its current democratic system. Rich in oil and natural gas reserves, Nigeria has historically depended heavily on petroleum exports, though efforts continue to diversify the economy through agriculture, technology, and creative industries.

    Our Ðǿմ«Ã½ feed on Nigeria brings you constantly updated coverage from reliable sources, ensuring you stay informed about the latest political developments, economic news, security updates, cultural events, and human interest stories from Africa's giant. Whether you're interested in business, sports, entertainment, or current affairs, this feed provides comprehensive, up-to-date reporting on all matters Nigerian.


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