logo
episode-header-image
Nov 2024
19m 27s

How Africa’s Biggest Economy Lost 50% of...

Economics Explained
About this episode
Nigeria was once predicted to be the fastest-growing economy in the world, but it has faced serious challenges since 2014. In this video, we explore how Nigeria grew with oil wealth and urbanization and what led to its struggles with corruption, instability, and missed chances. Learn how its resources, regional differences, and global reputation have shaped ... Show More
Up next
Yesterday
Dubai Was An Economic Miracle, Then They Got Bombed
📫 8,500+ read our free newsletter that has weekly original stories Sign up: → https://economics-explained-tv-program.beehiiv.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices 
21m 55s
Aug 19
The End Game of U.K Economics
📫 8,500+ read our free newsletter that has weekly original stories Sign up: → https://economics-explained-tv-program.beehiiv.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices 
21m 20s
Aug 17
How AI Will Play Out, Explained
📫 8,500+ read our free newsletter that has weekly original stories Sign up: → https://economics-explained-tv-program.beehiiv.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices 
51m 38s
Recommended Episodes
Jan 2014
MINT - Nigeria - Africa's Hope
Nigeria is a nation of young, vibrant and natural entrepreneurs. Can they overcome the country's terrible legacy - decades of corruption, crime, and mismanagement? 
49m 29s
Feb 2023
Nigeria Is In Turmoil. Can A New President Fix It?
As Nigerians decide on a new president, the country’s economy is reeling. Nigeria’s public debt is growing, inflation is soaring, and half of adults can’t find steady work. People wait in line for hours at gas stations to fill their cars and light their homes with generators beca ... Show More
25m 6s
Jan 2014
MINT - Nigeria
Jim O'Neill investigates Nigeria; can a nation of young, vibrant, natural entrepreneurs overcome decades of corruption, crime and mismanagement? 
26m 28s
Feb 2023
Nigeria's election and the economy
Nigerians head to the polls very soon, in what's expected to be a very closely-contested election. In this episode of Business Daily Rob Young explores how the economy could impact the vote. Africa’s largest economy, is struggling with soaring prices, fuel shortages and insecurit ... Show More
18m 41s
Jun 2021
Zainab Ahmed: Can Nigeria avert financial meltdown?
Africa is going through its first recession in more than a quarter of a century because of the global downturn caused by the Covid pandemic. The economic crisis is being keenly felt in Nigeria, the continent’s most populous country. Its 200 million people are struggling with long ... Show More
23m 27s
Jul 2023
Investing in Africa: What needs to change?
Large parts of sub-Saharan Africa are facing dire economic circumstances. The World Bank says more than one in three countries are either in severe financial distress, or are close to default. What’s gone wrong? In the first of a week of programmes, Ed Butler taking the pulse of ... Show More
18m 21s
May 2023
Business Daily Meets: Tony Elumelu
Nigeria's most well-known economist Tony Elumelu tells us why Africa needs to rethink it's relationship with business. He explains "Africapitalism", the idea that the private sector can transform Africa's economy and society for the better. He also discusses a number problems slo ... Show More
18m 48s
Oct 2013
South Africa: The battle for jobs, growth and equality
Despite its many achievements since the transition to majority rule, South Africa struggles with low growth, widespread unemployment, and sharp social tensions. The IMF says Africa's largest economy needs to pursue structural reforms to boost growth and create jobs for a growing ... Show More
6m 2s
Jun 2025
Recovery Interrupted: Sub-Saharan Africa's Outlook
After four long years of numerous crises, sub-Saharan Africa's hard-won recovery has been disrupted by yet another shock. The sudden shift in the global outlook has clouded the region's short-term prospects and significantly complicated policy making. Economist Andrew Tiffin and ... Show More
11m 1s
Sep 2022
Why is Nigeria’s economy ‘doing a dance’?
Last month Emirates Airlines announced it was halting flights to Nigeria – saying it was owed millions of dollars. The plight of passengers suddenly forced to find creative and expensive ways to travel thousands of miles grabbed the world’s attention – and within days of the cris ... Show More
15m 37s