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Markets
MTN, NB, Guinness to resume dividend payments as pressure eases
MTN Nigeria, Nigerian Breweries and Guinness Nigeria are on track to resume dividend payments by the end of 2025 as pressure eases......
Aviation
Air travelers wait for planes that won’t take off as fleet shrinks
Passengers are increasingly crowding airport terminals across Nigeria, waiting for planes that may not arrive. Airlines delay and sometimes cancel flights due to the high cost of spare parts and maintenance...
Editor | Oct 16, 2024
CNG
Petrol price pain turns CNG gain for Nigerian drivers
The sharp rise in petrol prices has pinched the pockets of Nigerians so hard that some are seeking an affordable alternative to premium motor spirit (PMS)....
Editor | Oct 16, 2024
Economy
From subsidies to suffering: The real cost of Nigeria's economic experiment
Nigeria’s recent fuel price hike, triggered by the government’s removal of subsidies, marks a significant pivot in the country’s economic strategy....
Editor | Oct 16, 2024
Eurobond
Nigeria Eurobonds in late rally ahead likely $2bn sale
Just when it seemed like the lower interest rate in the U.S. would elude Nigeria’s Eurobonds, the yields on the dollar bonds are at their lowest level in seven months and sources say...
Editor | Oct 15, 2024
Economy
Will Nigeria's economic reforms deliver its people?
Nigeria is set to embark on a tax reform policy to eliminate multiple taxation through the Economic Stabilisation Bills (ESB). This reform seeks to amend 15 tax, fiscal, and establishment laws...
Editor | Oct 14, 2024
Economy
Will Nigeria's economic reforms deliver its people?
Nigeria is set to embark on a tax reform policy to eliminate multiple taxation through the Economic Stabilisation Bills (ESB). This reform seeks to amend 15 tax, fiscal, and establishment laws...
Editor | Oct 14, 2024
Economy
Nigerian firms scale back on expansion as cost pressures bite
Nigerian manufacturers are clawing back on their expansion plans due to a cash crunch. This is based on the capital expenditure margin data from the first half of 2024 (H1 2024), analysed by BusinessDay....
Editor | Oct 13, 2024
Economic Week Ahead
Economic Week Ahead: Inflation data and NESG summit
All roads lead to the Nigerian Economic Summit Group (NESG) annual conference in Abuja, which kicks off on Monday. Discussions will focus on strategies to enhance growth...
Editor | Oct 13, 2024
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