Nigeria's non-oil economy demonstrated robust growth of 4.07% in Q4 2025, with agriculture, real estate, construction, and manufacturing leading the expansion. This analysis examines the corporate-commercial implications of this economic momentum and the increasingly structured regulatory environment shaping business operations. The piece explores three key developments from 2025 that are particularly significant for boards, investors, and in-house counsel navigating Nigeria's evolving business landscape.

Frank Mwiti, Partner and Eastern Africa Markets Leader at EY, joins us for the third year of our Africa Roundup interview series ...

Join us as we explore the African Continental Free Trade Area Agreement (AfCFTA) at our webinar "Investing in the African Market: Opportunities under the AfCFTA".

Nigeria remains one of Africa's most dynamic economies. With a population exceeding 200 million, a fast-growing middle class, and a rapidly expanding digital economy...

Growth in the non-oil sector (89.7% of GDP) has been the main driver of Nigeria's economic growth (5-year average: 6.2%), and employment.

Nigeria Economic Outlook 2019 – Ready To Go

Nigeria recorded a Gross Domestic Product (GDP) growth of 4.03% (year-on-year) in 2021, exceeding its projected GDP growth rate of 3% for the fiscal year.

On Tuesday, 8 October 2019, President Muhammadu Buhari presented the proposed 2020 budget of the Federal Government of Nigeria to the joint session of the National Assembly (NASS),

Data has shown a strong correlation between strong intellectual property rights and economic development. Strong IP rights create an enabling environment for the innovation necessary for economic stimulation.

Our analysis identifies Agriculture, Petroleum (Petrochemical and Refining), Retail, and ICT as priority sectors with the most dominant transmission links to the overall economy.

Oil is Nigeria's main source of foreign exchange earnings and government financing. As a result, growth expectations for the economy have deteriorated following recent drop in oil prices.

Nigeria's electric vehicle market is transitioning from fragmented pilots to structured policy implementation, with new frameworks establishing licensing standards, infrastructure requirements, and commercial fleet priorities. Early regulatory positioning and local partnerships will determine which investors and manufacturers secure market access as the country formalises its EV adoption strategy.

Major opportunities are unfolding across Sub-Saharan Africa to generate stronger economic growth, improve the lives of its people, and become important hubs of global trade.

At a press briefing in Abuja, the Ministry of Arts, Culture, and the Creative Economy announced the launch of a two hundred million US dollar Creative Economy Development Fund...

Infrastructure investments have become vital catalysts for economic development and prosperity worldwide, spanning sectors such as transportation, energy, telecommunications, water, and sanitation.

The Federal Ministry of Interior has suspended the implementation of the Expatriate Employment Levy (EEL). President Bola Ahmed Tinubu, GCFR had, on Tuesday, 27 February 2024, launched the Expatriate Employment Levy (EEL).

On 23 October 2024, the Federal Executive Council of Nigeria approved the Creative Economy Development Fund (CEDF) and the implementation of the Intellectual Property Monetisation Pilot (IPM Pilot).

The Nigerian economy, as reported by the NBS, recorded the slowest first-quarter growth since 2016 (post-recession), as real GDP rose by 1.87% year on year, from N16.57 trillion in Q1 2019 to N16.89 trillion I Q1 2020.

As we celebrate Digital Nigeria Day 2024, themed "Empowering a Digital Future," it is important to reflect on Nigeria's progress towards becoming a dynamic digital economy. In today's world...

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