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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...
Economy
How Nigeria lost its luster
Over the past decade, Nigeria has struggled to keep pace with the economies ahead of it, while those once trailing have closed the gap and, in some cases, overtaken it....
Editor | Dec 19, 2024
Oil & Gas
Shell’s $1.3bn asset sale to Renaissance set for regulatory green light
Shell's long-awaited $1.3 billion sale of its onshore oil and gas assets in Nigeria to the Renaissance consortium is poised to receive regulatory approval, BusinessDay can confirm....
Editor | Dec 18, 2024
Technology
Stable connection turns luxury as telecom investments drop
Over the past two weeks, Temitope Ayilara and her partner, Victor, have struggled with network issues on every call. ...
Editor | Dec 18, 2024
Inflation
Nigerian inflation is rising again. But for how long?
Consumer prices in Nigeria rose at a faster pace in the month of November compared to last year, hitting a fresh 28-year high as food and transport costs surged....
Editor | Dec 17, 2024
Cost-of-living crisis
Worst cost-of-living-crisis in a generation dampens Christmas in Nigeria
A struggling economy, surging inflation, and declining purchasing power have made many question whether this will be a ...
Editor | Dec 16, 2024
Stock Market
Five penny stocks to gift your loved ones this Christmas
This Christmas, consider gifting your loved ones something that could grow in value over time, and a classic example of this is penny stocks. In the Nigerian context, penny stocks describe shares...
Editor | Dec 16, 2024
Economic Week Ahead
Economic Week Ahead: What to expect as Nigeria publishes November inflation data
Nigeria’s inflation is predicted to climb further in November, marking the third straight increase after prices cooled in July and August this year. The National Bureau of Statistics (NBS) is scheduled to publish the data today. ...
Editor | Dec 16, 2024
Cash scarcity
River of cash leaves no trail as Nigerians battle drought
Cash scarcity remains a persistent issue across Nigeria, even as the latest data from the Central Bank of Nigeria (CBN) shows that currency in circulation hit a record high of N4.5 trillion in October 2024. ...
Editor | Dec 16, 2024
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