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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...
Health
Nigeria retains highest malaria- burden status on low spend
Nigeria spent just $1 per person on a malaria patient in 2023 despite carrying the largest burden of the disease in the world, new data from the World Health Malaria report has revealed....
Editor | Dec 13, 2024
Russia-Ukraine
Russia-Ukraine war fuels demand for Nigeria’s urea
Russia-Ukraine war has driven demand for Nigeria’s urea, pushing up export of the product by 169.7 percent in the nine months of 2024. Data from the National Bureau of Statistics (NBS) show that Nigeria’s...
Editor | Dec 13, 2024
Economy
Here’s what it will take for Nigeria to achieve $1 trillion economy by 2030 
Nigeria would require an average annual growth of 38 percent to achieve its $1 trillion economy target by 2030, according to BusinessDay analysis. This is not in isolation, the projection by Financial Derivatives Company...
Editor | Dec 12, 2024
Cost of living crisis
Soaring costs ruffle feathers in poultry industry as festive demand peaks
As the festive season heats up and demand for poultry reaches a fever pitch, farmers are caught between a rock and a hard place...
Editor | Dec 11, 2024
VAT
Nigerians have nothing to fear about proposed VAT increase. Here's why 
There’s been palpable concern in Nigeria that the government's proposed Value Added Tax (VAT) increase could push prices higher and make life harder for everyday Nigerians. On the surface, this worry makes sense....
Editor | Dec 09, 2024
Banks
How Trump's comeback threatens Nigerian banks, foreign investment 
When Donald Trump introduced tax reforms in 2017, the effects rippled across the globe, with emerging economies like Nigeria taking a direct hit. As Trump pushes for similar changes again...
Editor | Dec 09, 2024
Eurobond
How Nigeria wooed Eurobond investors with irresistible yields
When Nigeria returned to the Eurobond market with its latest $2.2 billion offer, it wasn’t just economic reforms that lured investors—it was the eye-catching yields. ...
Editor | Dec 09, 2024
Economic Week Ahead
Economic Week Ahead: Naira to extend winning streak
The naira is projected to continue its steady appreciation on the back of the latest Eurobond sales and the CBN's new FX trading platform till early next year as the United States and South Africa...
Editor | Dec 09, 2024
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