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Tax
Corporate Nigeria races to beat June 30 e-invoicing deadline as sanctions loom
Corporate Nigeria is on a 24-hour countdown as the National Revenue Service (NRS) prepares to enforce its mandatory electronic invoicing regimen, leaving thousands of large companies racing to meet Tuesday’s June 30 deadline or risk financial penalties fr...
Economy
Investors come calling on naira’s positive outlook
Never mind that the naira was adjudged the third worst currency in the world in October 2024, the currency has now become the chiefest......
Editor | Jun 02, 2025
Banks
Here're what banks charge manufacturers for borrowing
Nigerian commercial banks have raised their maximum lending rates to manufacturers over the past five years, sparking negative......
Editor | Jun 02, 2025
Economy
How the buying power of ₦100 vanished over 50 years
Over the past 50 years, the naira’s buying power has evaporated. In 1973, ₦100 could buy multiple bags of rice in Nigeria. Today, in 2025, it can barely cover two to four sachets of water in some places...
Editor | May 31, 2025
Energy
Running on empty :Inside Nigeria’s multibillion-dollar generator economy
Nigeria’s chronic power shortages have birthed a booming generator economy, powering everything from roadside stalls......
Editor | May 30, 2025
Agriculture
Running on empty: Crops rot as farmers battle power cuts
Summary: Power shortages are crippling Nigerian farmers and driving up food prices. From poultry to vegetables, the lack of reliable......
Editor | May 30, 2025
Energy
Running on empty: Power supply remains unreliable despite tariff hike- Poll
A recent BusinessDay poll on Nigeria’s power sector has found that most citizens have yet to see any improvement in electricity supply......
Editor | May 30, 2025
Economy
Central Banks are winning inflation war but losing the people
When interest rates go up, people feel it not in the bank, but in their kitchen.” Says Nafisah Bello, Development Economist, Dakar......
Editor | May 29, 2025
Markets
Why Nigeria’s stock market can’t handle big money
A $5 million equity investment by Norway's sovereign wealth fund, the Government Pension Fund Global (GPFG), into BUA Cement is scarcely......
Editor | May 29, 2025
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