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Technology
Why Nigeria’s population boom is fueling data centre gold rush
Nigeria’s rapidly growing population is emerging as one of the strongest drivers of investment in the country’s data centre industry, as global and local investors position themselves for what could become one of the world’s largest digital economies over...
Economy
Analysts see inflation rising as Iran war ripples through fuel, food
Nigeria’s inflation is expected to rise in March ahead of its publication tomorrow, triggered by the escalating United States-Iran war, which has since rippled through global energy markets, analysts surveyed by BusinessDay said....
Editor | Apr 15, 2026
Energy
NRS, 10 others join corporate exodus from national grid
At least 11 more top companies in Nigeria have abandoned the national grid to generate their own power, as the electricity crisis in Africa's most populous nation continues to bite into production costs and inflate energy bills, new regulatory data shows....
Editor | Apr 14, 2026
Energy
FG faces fiscal pressure as electricity subsidy jumps threefold
The federal government is facing mounting fiscal pressure after electricity tariff subsidies surged nearly threefold in two years, from N610 billion in 2023 to N1.92 trillion in 2025, as the gap between the true cost of power and what consumers actually p...
Editor | Apr 14, 2026
Companies
High borrowing costs push drugmakers to restructure
Nigeria’s pharmaceutical companies relied heavily on short-term bank loans to fund operations, expansion, and working capital....
Editor | Apr 13, 2026
Tax
Large firms risk sanctions as June e-invoicing deadline nears
Many large businesses risk sanctions if they fail to connect their invoicing systems to the Nigerian Revenue Service’s electronic invoicing platform by the end of June, as authorities push ahead with a reform that will give tax officials near real-time vi...
Editor | Apr 13, 2026
Markets
FTSE upgrade sparks N1.36trn stock investors windfall in 72 hours 
The Nigerian equities market has turbocharged, adding N1.36 trillion to its market capitalisation within just 72 hours. This rally was ignited by FTSE Russell’s decision to upgrade Nigeria from ...
Editor | Apr 13, 2026
Technology
Criminal cartels plunder telco towers across 14 states
Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting 656 critical power assets across 14 states in 2025 alone and keeping up the pace in early 2026....
Editor | Apr 10, 2026
Agriculture
Poultry farmers bypass feed millers as cost pressures reshape Nigeria’s supply chain
Nigerian poultry farmers are increasingly bypassing commercial feed suppliers and producing their own blends, a shift that is lowering costs at the farm level but threatening to disrupt the country’s feed milling industry and reshape the economics of poul...
Editor | Apr 10, 2026
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