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Markets
Nigerian corporates pick expensive debt over equity raise
The Boardroom of Primal Nigeria Limited (not real name) smelled of stale filter coffee and unspoken panic....
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
Economy
Why Nigeria’s job market isn’t keeping up with economic growth
Nigeria’s economic growth is often celebrated, but a critical issue lies hidden beneath the surface: this growth has not been matched by proportional increases in formal wage jobs....
Editor | Dec 09, 2024
Inflation
Inflation bites: A litre of petrol equals 1975 Peugeot wagon
The price of a Peugeot 505 wagon in 1975—N1,700—now closely mirrors the current price of a single litre of petrol in Nigeria, which hovers around N1,070, a stark testament to the effects of inflation and economic shifts....
Editor | Dec 06, 2024
Life and Arts
Can Funke Akindele break her billion-naira box office record?
Funke Akindele, Nollywood actress and filmmaker, is raising the stakes with her latest movie, ‘Everybody Loves Jenifa,’ set to hit cinemas on December 13....
Editor | Dec 06, 2024
Economy
A $1 trillion mirage: NBS data expose gaps in Nigeria’s economic vision
Recent data from the Nigeria Bureau of Statistics (NBS) paints a bleak picture: Nigeria’s Gross Domestic Product (GDP) has plummeted in dollar terms by a staggering 52.63 percent nominally between 2023 and 2024 (Q1 to Q3) ...
Editor | Dec 05, 2024
Food crisis
Climate change hands Nigerian farmers fresh headache
Rising food prices may linger for longer in Africa’s most populous nation with farmers decrying the impact of climate change on production. ...
Editor | Dec 05, 2024
Manufacturing
Demand for concrete road outstrips cement supply
The transition to concrete in road construction is driving demand for cement, which has now outstripped supply, forcing prices up by 100 percent in the last one year....
Editor | Dec 05, 2024
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