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Markets
Nigerian corporates crowd Commercial Paper as IPO market freezes
With the primary equities market experiencing a prolonged chill, Nigerian corporate issuers are aggressively shifting their gaze toward the short-term debt capital market....
Oil & Gas
Dwindling oil output threatens FG's ambitious 2025 budget
Nigeria’s low oil production could affect major projections in the 2025 budget, putting the nation’s revenue target at risk. President Bola Tinubu is proposing a N47.9 trillion 2025...
Editor | Nov 19, 2024
Telecoms
Telcos’ revenue per user slumps as weaker naira tips Nigeria off the top
The financial performance of the mobile industry in Nigeria has slowed down in recent years after a long period of sustained growth,” said GSMA, the industry body for telcos. ...
Editor | Nov 19, 2024
Inflation
Inflation bites bankers despite higher salaries 
Nigerian bankers, like several other workers in Africa's most populous nation, are receiving higher pay but an unrelenting surge in inflation is snuffing out the gains....
Editor | Nov 19, 2024
Budget
Will Nigeria’s 2025 budget deliver or disappoint?
The Nigerian government has presented a budget proposal of N47.9 trillion for 2025. This has led to widespread debate on whether it can deliver the promised economic relief or fall short....
Editor | Nov 18, 2024
Economic Week Ahead
Economic Week Ahead: N610bn T-bill auction, UK to publish inflation data
The Central Bank of Nigeria (CBN) plans to auction N610.08 billion worth of Treasury bills this week while the United Kingdom Office for National Statistics is expected to release the country’s consumer price index...
Editor | Nov 18, 2024
Economy
Businesses brace for more naira pain
Nigerian businesses are bracing for further naira depreciation in the coming months, with recovery anticipated only after six months, according to a recent report by the Central Bank of Nigeria (CBN)....
Editor | Nov 18, 2024
Life and Arts
Nollywood rides funding crunch to stay on screen
As Nollywood operators self-finance their projects owing to the limited access to structured funding, filmmakers are beginning to find innovative ways to overcome the constraints...
Editor | Nov 15, 2024
Economy
Why Growth in Sub-Saharan Africa is Splitting into Two Paths
Economic growth in Sub-Saharan Africa is diverging, with countries like Ethiopia, Rwanda, and Senegal experiencing rapid growth, according to the IMF......
Editor | Nov 15, 2024
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