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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......
Power
Liquidity crisis in power sector worsens as Geregu, Transcorp gas debt hits N216bn
Nigeria’s power sector woes are worsening, with fresh data showing that Geregu and Transcorp Power owed gas suppliers a combined N216 billion in the first three months of 2025...
Editor | Apr 28, 2025
Economy
Africa's growth engine sputters as IMF downgrades economic outlook
The International Monetary Fund (IMF) has once again lowered its economic growth projections for a majority of African economies, painting a stark portrait of mounting global and domestic pressures following her April 2025...
Editor | Apr 28, 2025
Economy
Nigeria’s N160b cold-chain market lures new wave of investors
Africa’s most populous country has fewer than 1,000 cold trucks, far below the 25,000 needed to transport over 11 million metric tonnes of perishable goods annually, according to a recent U.S....
Editor | Apr 28, 2025
Inflation
Africa’s monetary tug-of-war: Central banks balance inflation, currency woes
As global inflationary waves ebb and economies seek a return to stability, Africa’s central banks are navigating a complex policy terrain, balancing growth imperatives against inflation risks...
Editor | Apr 28, 2025
Economy
Nigeria’s private sector credit trails African peers amid tepid recovery
Nigeria’s private sector credit extension remains significantly lower than that of its sub-Saharan African peers, despite recording a modest recovery in recent months. ...
Editor | Apr 25, 2025
Economy
Global market turbulence tests Nigeria’s ambitious 2025 spending plan
Six months ago, an article titled "Why Nigeria’s bold budget projections could backfire" was published by BusinessDay. It flagged a widening gap between fiscal optimism and economic fundamentals. That gap is now harder to ignore....
Editor | Apr 25, 2025
Oil & Gas
Unsold 92m barrels of crude puts Nigeria’s N19.6trn oil revenue at risk
Nigeria’s oil sector, the lifeblood of its economy, is grappling with a burgeoning crisis as a staggering 92 million barrels of crude oil, slated for export in April and May 2025, remain without buyers, according to exclusive data obtained by BusinessDay....
Editor | Apr 25, 2025
Life and Arts
Nollywood twists Hollywood’s grip on local cinemas
Nollywood is putting up a strong challenge against Hollywood’s grip on local cinemas, competing favourably with films that have global appeal....
Editor | Apr 25, 2025
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