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Analysis
Nigeria’s recovery costs more than a meal, experts warn
In Lagos, two pieces of pomo now sell for N500, turkey for N8,500 a kilo, and fares for a typical commute have doubled since last year......
CBN
Banks’ deposits with CBN jump 16 times on CRR
Nigerian commercial banks have significantly increased the volume of overnight deposits placed with the Central Bank of Nigeria (CBN), as their use of the Standing Deposit Facility (SDF) surged more than 15-fold within a year....
Editor | May 09, 2025
Economy
Nigeria’s reform gamble: Austerity without anesthesia
For decades, Nigeria’s economic orthodoxy has rested on a familiar promise: embrace tough reforms today, and prosperity will arrive tomorrow....
Editor | May 08, 2025
Economy
How Lagos became the beating heart of Nigeria’s private sector
Since the 2023 presidential election in Nigeria, many supporters of Bola Tinubu—Nigeria’s president and former governor of Lagos—have attributed the development of Lagos to his leadership...
Editor | May 08, 2025
Education
Failing Grades: How Nigeria’s education system is letting students down
Every year, hundreds of thousands of young Nigerians file into exam halls—nervous, hopeful, and determined to secure a university slot through the Joint Admissions and Matriculation Board (JAMB)...
Editor | May 08, 2025
Oil & Gas
Nigeria to get 510,000 bpd from ExxonMobil’s $1.5bn deal
The decision of ExxonMobil to invest $1.5 billion in deepwater oil projects in Africa’s biggest oil-producing country is expected to unlock at least 510,000 barrels per day...
Editor | May 08, 2025
Agriculture
Trump’s tariff on Vietnam is boon for Nigeria’s cashew
The United States’ 46 percent tariff on all imports from Vietnam has opened an opportunity for Nigeria’s cashew processors to tap the $1.5 billion market....
Editor | May 08, 2025
Technology
Nigerians’ data spend doubles on 50% tariff hike
The 50 percent tariff hike approved in January 2025 doubled Nigerians’ expenditure on data, raising it to N585.08 billion in March 2025 from N287.77 billion in January....
Editor | May 08, 2025
Economy
The end of an era: Africa’s future depends on factories, not foreign aid
For over six decades, many African countries have run on the engine of foreign aid. From mosquito nets in rural clinics to textbooks in underfunded schools...
Editor | May 08, 2025
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