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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....
Will Tinubu's Tax Reforms Hit the Nail on the Head?
Whenever the issue of tax increases arises, I’m reminded of a story from the book Why Nations Fail: The Origins of Power, Prosperity, and Poverty, by Daron Acemoglu and James A. Robinson....
Editor | Sep 13, 2024
Weak Naira Boosts Exports As Nigeria’s Trade Surplus Jumps 
Nigeria’s trade surplus, the difference between exports and imports, rose to N6.59 trillion in the second quarter of 2024, according to the latest foreign trade statistics report released by the National Bureau of Statistics (NBS) on Wednesday....
Editor | Sep 13, 2024
Naira Gains By Most In 2 Months After Record Domestic Dollar-Bond
The naira gained 5.06 percent against the dollar on Thursday, marking its biggest gain in almost two months, buoyed by the government's debut domestic dollar-bond issue which attracted strong interest from investors....
Editor | Sep 13, 2024
Nigeria’s Largest Brewer Fights To Shake Off FX Debt 
Nigerian Breweries Plc, the largest brewer in Nigeria, is currently raising N600 billion through a rights issue aimed at clearing its N500 billion foreign exchange (FX) debt. The company has been grappling with FX losses...
Editor | Sep 13, 2024
Turning the Nigeria Petrol Price Crisis into Opportunity: Making Lemonade from Lemons
The latest round of petrol price hike in Nigeria has left many citizens feeling frustrated, bewildered and helpless. However, as the old-age aphorism goes, “When life gives you lemons, make lemonade”...
Editor | Sep 11, 2024
Tinubu’s $1 Trillion Economy Plan Stumbles on Slow Growth
Nigeria's economy is growing too slowly to meet President Bola Tinubu’s ambitious goal of a $1 trillion GDP by 2030. ...
Editor | Sep 10, 2024
Economic Insight: 50% electricity subsidy for public hospitals and educational institutions: In the right direction?
In the 21st century, a nation's true wealth is no longer measured by its natural resources or financial capital but by the strength and capabilities of its people—its human capital...
Editor | Sep 09, 2024
Fuel Price Hike Set to Reverse Recent Gains in Food Inflation
The recent increase in petrol prices in Nigeria is likely to fuel another surge in food inflation, exacerbating an already severe cost of living crisis in Africa’s most populous country....
Editor | Sep 09, 2024
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