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Markets
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....
Markets
New stock trading rule promises quicker cash for investors
For decades, before the introduction of the current T+2 settlement cycle, investing in the Nigerian capital market meant mastering the art of patience....
Editor | Jun 01, 2026
Energy
Hormuz chaos pushes World's third-largest oil importer into Nigeria's embrace
India, the world's third-largest crude oil importer, is scrambling to replace lost Middle Eastern barrels with Nigeria and other alternative suppliers, answering the call as the closure of the Strait of Hormuz continues to choke off roughly half of its tr...
Editor | May 29, 2026
Energy
How Nigeria's power crisis defied two decades of World Bank funding
Since 2001, the World Bank has committed well over $3.6 billion to fixing Nigeria's broken electricity sector, through a cascade of loans, guarantees, and financing facilities targeting everything from rural solar panels to high-voltage transmission corri...
Editor | May 28, 2026
Energy
Subsidy proves costly as World Bank walks away from Nigeria power deal
The federal government and the World Bank agreed to cancel $717.7 million in undisbursed financing under the Power Sector Recovery Performance-Based Operation, a program the lender had built over five years and more than a billion dollars to rescue one of...
Editor | May 27, 2026
Markets
Sell today, get cash tomorrow: How Nigeria’s June 1 stock trading rule benefits investors
For decades, before the introduction of current T+2 settlement cycle, investing in the Nigerian capital market meant mastering the art of patience....
Editor | May 26, 2026
Economy
Nigeria’s recovery finds an unexpected growth engine
Nigeria’s economy expanded by 3.89 percent in the first quarter of 2026, according to the latest GDP report released by the National Bureau of Statistics on Monday, broadly in line with BusinessDay Economics’ April projection of 4.0 percent, with a margin...
Editor | May 26, 2026
Energy
Nigeria pumps below potential as world scrambles for oil
Nigeria, home to some of the lightest, most sought-after crude on the planet, is watching a critical moment pass by as the world confronts what analysts are calling the most serious energy supply shock in decades....
Editor | May 25, 2026
Aviation
The faulty economics facing Tinubu's $500m airbus maintenance facility
Concerns are mounting over the economic viability of establishing an Airbus Maintenance, Repair, and Overhaul (MRO) facility in Nigeria, with industry stakeholders citing a critical deficit in the aircraft volume required to sustain such a capital-intensi...
Editor | May 22, 2026
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