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Technology
How airtime lending became telcos' multi-billion naira goldmine
In 2024, Samuel Ojimba travelled from Lagos to Zamfara. While in a local community, gunshots suddenly rang out, sending everyone fleeing......
Manufacturing
Demand for concrete road outstrips cement supply
The transition to concrete in road construction is driving demand for cement, which has now outstripped supply, forcing prices up by 100 percent in the last one year....
Editor | Dec 05, 2024
Electricity bill
Eight big changes to expect with Lagos electricity law
Lagos State Governor, Babajide Sanwo-Olu, has signed the Lagos Electricity Bill 2024 into law, a pivotal step towards ensuring 24-hour electricity supply across the state....
Editor | Dec 04, 2024
Electricity bill
Sanwo-Olu signs bill in boost for electricity
Lagos State took charge of its energy destiny on Tuesday when Governor Babajide Sanwo-Olu signed the Lagos Electricity Bill 2024 into law. “With this law, we take a significant step towards...
Editor | Dec 04, 2024
Tax Reform
10 changes to expect as FG’s tax reforms begin
Nigeria is seeking to harmonise its complex tax system with a new bill that is aimed at ending multiple taxation, increasing revenue generation and lowering recurring borrowings....
Editor | Dec 04, 2024
Eurobond
Eurobond $9bn oversubscription seen steadying naira
Analysts say the naira could see some stability as Africa’s most populous nation successfully tapped the international bond market after a two-year hiatus, recording a $9 billion oversubscription....
Editor | Dec 03, 2024
Naira
Naira appreciates after first FX trading on Bloomberg BMatch System
The naira, on Monday, appreciated against the dollar at the parallel market after the first foreign exchange (FX) trading day on the Electronic Foreign Exchange Matching System (EFEMS) via the Bloomberg BMatch System....
Editor | Dec 03, 2024
Tax Reform
Growing opposition threatens Tinubu's tax reforms
Opposition voices are beginning to overwhelm President Bola Tinubu’s tax reforms, threatening to derail one of Nigeria’s first ever comprehensive fiscal policies....
Editor | Dec 03, 2024
Economy
Why Nigeria’s service sector is outshining manufacturing
Nigeria's economic landscape presents a paradox: while the service sector flourishes, the real sector stumbles. This divergence underscores a deeper structural imbalance that raises critical questions about the country’s long-term economic stability....
Editor | Dec 02, 2024
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