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Northern Billionaires split biggest chunk of Jaiz Bank’s N4.91bn dividend
Nigeria’s premier non-interest financial institution, Jaiz Bank Plc recently got shareholders approval for a massive 57 percent increase in its dividend payout to 11 kobo per share following a stellar financial year 2025....
Barking Up the Wrong Tree: Why Taxing the Poor Won’t Bring Prosperity in Nigeria
No nation has ever taxed its way to prosperity, but Nigeria seems to be following this misguided path. BusinessDay research finds that among eight selected African countries...
Editor | Oct 07, 2024
Barking Up the Wrong Tree: Why Taxing the Poor Won’t Bring Prosperity
BusinessDay research finds that among eight selected African countries, Nigeria has the lowest threshold for Personal Income Tax (PIT) exemption, yet it collects the lowest revenue compared to South Africa and Kenya....
Editor | Oct 07, 2024
Is Nigeria winning the insecurity war?
President Bola Ahmed Tinubu assured citizens in his Independence Day address on 1 Oct. 24: “On the security front, I am happy to announce to you, my compatriots, that our administration is winning the war on terror and banditry. ...
Editor | Oct 07, 2024
Is Nigeria winning the insecurity war?
President Bola Ahmed Tinubu assured citizens in his Independence Day address on 1 Oct. 24: “On the security front, I am happy to announce to you, my compatriots, that our administration is winning the war on terror and banditry....
Editor | Oct 07, 2024
Nigeria foot-drags to unlock N180trn assets as debt piles
Nigeria has accumulated a large stock of dead assets estimated at N180 trillion, yet the nation is foot-dragging to unlock them even as public debt piles up....
Editor | Oct 04, 2024
Multinationals exit Nigerian operations to limit FX exposure
Multinationals are exiting Nigerian operations on the back of dollar crunch and currency woes which have dampened their appetite to invest in Africa’s most populous nation....
Editor | Oct 04, 2024
Five charts debunking Tinubu’s $30bn FDI claim 
There’s no trace of the $30 billion Foreign Direct Investment that Nigerian President Bola Tinubu claimed the country has attracted in the last one year of his economic reforms. ...
Editor | Oct 02, 2024
From tracks to tables: How railroads can reduce food prices in Nigeria
Rail transport accounts for less than half a percent of the transport sector’s contribution to Nigeria’s gross domestic product, according to the National Bureau of Statistics (NBS). ...
Editor | Oct 01, 2024
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