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Markets
Nigerian corporates crowd Commercial Papers market 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....
Economy
Wale Edun loses ground in Tinubu’s Finance Ministry reset
President Bola Tinubu has ordered a massive reset of responsibilities within Nigeria’s Federal Ministry of Finance, stripping key revenue-generation and cash management functions from Wale Edun, Finance Minister and Coordinating Minister of the Economy,...
Editor | Dec 23, 2025
news
BusinessDay’s Man of the year: How Africa’s richest man bet everything on a refinery & won
When Aliko Dangote first announced his intention to build a private oil refinery in Nigeria back in 2013, skeptics outnumbered believers. At a business luncheon that year, one media executive from a major Nigerian newspaper declared that the country's en...
Editor | Dec 22, 2025
Investigation
Sweat for pennies: How Lagos hospitals underpay cleaners (1)
Tolani Olaoye stares at the bundle of cash in her hand, the notes still warm from the payroll office at Gbagada General Hospital. It is N30,000. She flips it over again, as if intense scrutiny can make the money grow. But it won’t....
Editor | Dec 19, 2025
Technology
How Nigeria’s $470m police communication network fell into ruins after 2015
When Nigeria launched the National Public Security Communication System (NPSCS), it was billed as a transformational leap for policing and internal security....
Editor | Dec 19, 2025
Economy
Stress test: Mapping the economic pressure points in 2026
As 2026 approaches, the nation faces cautious optimism, yet beneath the surface, its economy undergoes a critical stress test. Recent analysis from market experts and policymakers agree:...
Editor | Dec 18, 2025
Economy
Lawmakers clash over 2026 revenue target as experts flag debt trap
The federal government’s 2026 budget outlook has exposed rare and widening divisions within the National Assembly, as lawmakers disagreed sharply over the revenue assumptions underpinning the 2026–2028 Medium Term Expenditure Framework (MTEF)....
Editor | Dec 18, 2025
Energy
Holiday demand tests national grid as gas supply tightens
Nigeria’s national grid is buckling under pressure as fresh gas supply constraints curtail power generation across Africa’s most populous country, leaving millions without reliable electricity during the holiday season when demand typically peaks....
Editor | Dec 17, 2025
Economy
Nigeria extends disinflation streak but December blip looms
Nigeria’s inflation rate is on course to slow next year after extending its disinflation run in November, even as economists warn of a temporary break in the easing cycle in December as favorable base effects begin to fade....
Editor | Dec 16, 2025
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