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Markets
Seplat surge hands Tony Elumelu N680bn investment windfall
Just five months after executing a landmark $500 million acquisition to become Seplat Energy Plc’s single largest shareholder, billionaire investor Tony Elumelu is already reaping extraordinary rewards....
Markets
Behind the bell: Meet big 10 brokers shaping Nigeria’s market
In the high-stakes corridors of the Nigerian Exchange Limited (NGX) in 2025, a familiar hierarchy dictated the flow of the nation’s wealth....
Editor | Jan 30, 2026
Life and Arts
Nigerian female artistes loved abroad, overlooked at home
Nigerian female Afrobeat stars are gaining more prominence on the international music scene than in their home country, data analysed by BusinessDay shows....
Editor | Jan 30, 2026
Economy
More than half of Nigerian CEOs bet on revenue surge in 2026
More than half of Nigeria's top chief executives are confident that their revenues will grow this year on the back of a stable economy that has boosted general business optimism....
Editor | Jan 30, 2026
Economy
Calls grow for rate cut as economy stabilises
The policy divide within the Central Bank of Nigeria’s Monetary Policy Committee (MPC) is expected to widen at its next meeting scheduled for February 23–24, 2026, as pressure mounts for a shift toward monetary easing....
Editor | Jan 29, 2026
Economy
Nigeria’s tax law delivers early pay gains for workers
Nigeria’s new tax law is already translating into higher take-home pay for several formal sector workers, with January salaries reflecting reduced Pay-As-You-Earn (PAYE) deductions, according to early payroll data and human resource managers....
Editor | Jan 29, 2026
Energy
Nigeria settles N501bn power debt as Tinubu tackles decades-old crisis
Nigeria raised N501 billion in its first bond sale dedicated to clearing power sector debts, achieving full subscription as President Bola Tinubu's administration moves to address payment arrears that have choked electricity generation for over a decade....
Editor | Jan 28, 2026
Markets
Recapitalisation: Can your firm survive SEC’s steepest hike yet?
In the heart of Nigeria’s financial district, where the pulse of the nation’s economy beats in charts and tickers, a quiet revolution has begun....
Editor | Jan 27, 2026
Economy
Nigeria caught in borrowing web as deficit surges 984% in 11 years
Nigeria has been caught in a borrowing web in the last decade as the budget deficit widened from N2.2 trillion in 2016 to N23.85 trillion in 2026, representing a 984 percent increase in 10 years....
Editor | Jan 27, 2026
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