TOP STORIES
Economy
Why Nigeria’s service sector is outshining manufacturing
Nigeria's economic landscape presents a paradox: while the service sector flourishes, the real sector stumbles. This divergence underscores a deeper structural imbalance that raises critical questions about the country’s long-term economic stability.
Oluwole Crowther & Chinwe Michael | Dec 02, 2024
Stock Market
Eight routes to NGX’s $100bn market cap
In 2012, Oscar Onyema, former chief executive officer of the Nigeria Stock Exchange (NSE), now Nigerian Exchange Group (NGX), set a $1 trillion market capitalisation target for the exchange by 2016.
David Olujinmi | Dec 02, 2024
Economic week ahead
Nigeria’s PMI in focus as U.S. eyes unemployment data
Stanbic IBTC is expected to release Nigeria’s Purchasing Managers’ Index (PMI), a metric used to measure business activities on Monday while the U.S. Bureau of Labor Statistics (BLS) will reveal the unemployment figures
Eniola Olatunji and Wasiu Alli | Dec 02, 2024
Holiday
Christmas: Nigerians choose Kenya, Morocco over Dubai on visa constraints
The United Arab Emirates (UAE)’s visa hiccups have forced Nigerians to choose to celebrate their Christmas and New Year in African nations where entry is easy and convenient.
Ifeoma Okeke-Korieocha | Nov 29, 2024
EDITOR’S PICKS
Agriculture
The curious case of how Netherlands’ agricultural productivity trumps Nigeria’s
Despite Nigeria's vast agricultural resources (about 70.8 million hectares of arable land),  favourable climatic conditions, a youthful and growing population, and a large market that attracts investors, hunger and poverty remain  a persistent issue. ...
Faith Donatus | Nov 22, 2024
Manufacturing
Local input sourcing rises 17% on forex crunch
Foreign exchange scarcity pushed Nigerian manufacturers into sourcing more raw materials locally, raising domestic input sourcing by 17 percent in 10 years, according to BusinessDay analysis...
Odinaka Anudu | Nov 18, 2024
Economy
Volatile naira sours South African investors’ appetite for Nigeria
South African business owners recognise the vast potential of Africa’s most populous nation, but many are hitting a roadblock—the unpredictable swings of the naira....
Lolade Akinmurele | Nov 14, 2024
TODAY'S E-PAPER
RESEARCH AND INSIGHTS
Examining the role of Bretton Woods Institutions in Nigeria’s economy
In the early 1980s, as Nigeria faced mounting economic pressures from falling oil prices and a rapidly devaluing currency, the country turned to international financial institutions for help. The Bretton Woods...
Muhammed Akanji & Fashola Olanrewaju | Nov 13, 2024
Voices of Dissent: Youth Activism and the Rising Tide of Forceful Regime Change
In August, as scorching days stretched into restless nights, young activists across Nigeria gathered for a ten-day protest that captivated the nation. The energy in the air was palpable, yet beneath it was...
Muhammed Akanji & Fashola Olanrewaju | Nov 06, 2024
Why Nigeria's tax reform bill could be a game changer for economy
Imagine a bustling market in the heart of Lagos, filled with blue-collar workers and traders of all scales—civil servants retiring home after a very long day, street vendors selling roasted..
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NEWS
Unemployment
Nigerians ‘hustle’ way out of unemployment
Nigeria’s unemployment unexpectedly fell in the second quarter of 2024, fuelled by the steady rise in self-employment, otherwise known as 'hustle jobs' as loss in paid employment puts citizens’ entrepreneurial skills to test.
Wasiu Alli | Nov 29, 2024
Budget
Why Nigeria’s bold budget projections could backfire
The Nigerian government’s recently approved Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) for 2025–2027 sets an ambitious economic tone, but some of its key assumptions are raising eyebrows.
Oluwatobi Ojabello | Nov 25, 2024
Energy
Customers, DisCos at loggerheads over meter update fee
A new controversy has erupted in the Nigerian electricity sector as electricity Distribution Companies (DisCos) and consumers clash over the payment of fees for meter updates with the deadline slated for November 24.
Abubakar Ibrahim | Nov 20, 2024
Budget
Nigeria’s 2025 budget is the lowest since 2018, economists say
Nigeria’s proposed N47.9 trillion 2025 budget is the lowest the country has had since 2018 in dollar terms, according to the Nigerian Economic Society (NES).
Wasiu Alli & David Olujinmi | Nov 20, 2024
OPINION
Yorubanisation: Tinubu puts Nigeria’s fate entirely in Yoruba hands. How perverse!
Olu Fasan
Addressing Nigeria’s cost of living crisis: A strategic, sustainable approach
Alim Abubakre
Donald Trump’s comeback: The triumph of economic self-interest over morality
Olu Fasan
November 16 As National Day For Zik Of Africa
Uzor Maxim Uzoatu
SOCIAL LISTENING
Social Listening Friday 8 November 2024
Rivers of violence in Port Harcourt
Happy Independence 2024?
Banditry and oaths in the Zamfara debacle
Humour and paradox are responses to the latest fuel price hike
Distrust, cynicism, anger, and frustration over the management of fuel supply and price
INTERVIEWS

Nigerians don’t need to go abroad for bone marrow transplant - LUTH CMD

After four years of meticulous preparation, Lagos University Teaching Hospital (LUTH) has successfully performed its first bone marrow transplant (BMT). ... Editor

CBN regaining investors' confidence - Cardoso

Editor
Against all odds: Thomas Etuh’s triumph over adversity (3)
Against all odds: Thomas Etuh’s triumph over adversity (2)
Against all odds: Thomas Etuh’s triumph over adversity (1)
Citi continues to connect Nigeria to the world and the world to Nigeria
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