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Analysis
Building cities of hope, not more states
The clamour has started again. Politicians in Abuja are pushing for 31 new states, as if multiplying governors and assemblies is the key to progress...
Unemployment
States lag in Nigeria’s unemployment puzzle
In October 2024, the World Bank revealed a startling statistic: only 12.4 percent of Nigerians are primarily engaged in wage jobs. Yet, many of our governors appear oblivious to this economic quagmire. ...
Editor | Jan 03, 2025
Investment
Explainer: How N100,000 investment looks like after 365 days
Imagine taking a leap with N100,000 by entrusting it to an investment vehicle as of January 1, 2024. Fast forward to December 30, what does that initial investment look like now? What lessons do these figures reflect?...
Editor | Jan 01, 2025
Refineries
FX pressure seen easing on refineries’ resumption
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the official reopening of the Warri refinery after undergoing an $898 million refurbishment, brightening the nation’s petrol refining outlook....
Editor | Dec 31, 2024
Agriculture
How farmers reaped billions from cocoa, sesame exports in 2024
In the outgoing year, 2024, some Nigerian farmers became millionaires and even billionaires selling cocoa, sesame seeds, soybeans, cashew nuts and frozen foods....
Editor | Dec 31, 2024
Investment
Why investors are turning to Vitafoam
Vitafoam's resilience despite a slide in its net profit has investors turning to the foam, mattress and bedding firm....
Editor | Dec 31, 2024
Economy
Nine charts showing how Nigerian economy fared in 2024
The Nigerian economy witnessed a lot of ups and downs with the naira volatility, high inflation and rising interest rates taking the centre stage all through the year....
Editor | Dec 30, 2024
Stock Market
Egypt, Nigeria top stock markets with best 10-year returns
Egyptian, Nigerian and Ghanaian stocks have been among the most rewarding investments for investors who bet on African stock markets ten years ago....
Editor | Dec 27, 2024
Stock market
MTN’s market cap soars N388bn as investors eye tariff hike
The telecom sector has struggled with foreign exchange fluctuations and a harsh operating environment. Both telcos have reported losses due to FX volatility. In 2023, MTNN and Airtel recorded a combined N1.29 trillion in FX losses....
Editor | Dec 27, 2024
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