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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......
Stock Market
Eight routes to NGX’s $100bn market cap
In 2012, Oscar Onyema, former chief executive officer of the Nigeria Stock Exchange (NSE), now Nigerian Exchange Group (NGX), set a $1 trillion market capitalisation target for the exchange by 2016....
Editor | Dec 02, 2024
Economic week ahead
Nigeria’s PMI in focus as U.S. eyes unemployment data
Stanbic IBTC is expected to release Nigeria’s Purchasing Managers’ Index (PMI), a metric used to measure business activities on Monday while the U.S. Bureau of Labor Statistics (BLS) will reveal the unemployment figures...
Editor | Dec 02, 2024
Holiday
Christmas: Nigerians choose Kenya, Morocco over Dubai on visa constraints
The United Arab Emirates (UAE)’s visa hiccups have forced Nigerians to choose to celebrate their Christmas and New Year in African nations where entry is easy and convenient....
Editor | Nov 29, 2024
Agriculture
Weak naira squeezes cocoa processors, chocolatiers
The steep devaluation of the naira is taking a heavy toll on cocoa processors and chocolate makers who now have to pay more to access their most important input....
Editor | Nov 29, 2024
Stock Market
Fixed-income, equities markets see sell-off after rate hike
The 25 basis points hike by the Central Bank of Nigeria (CBN) monetary policy committee (MPC) resulted in a sell-off across both fixed-income and equity markets, as investors grapple with the implications of tighter monetary conditions....
Editor | Nov 28, 2024
Energy
Is Port Harcourt refinery same as blending plant?
The much-anticipated resumption of the Port Harcourt Refinery’s Old Wing, celebrated as a milestone in Nigeria’s drive for energy self-sufficiency, has been overshadowed by controversy following reports......
Editor | Nov 28, 2024
Inflation
Cardoso says inflation, FX pressures to abate early 2025
The Central Bank of Nigeria (CBN) will deploy every possible ‘orthodox’ strategy to tame inflation, Governor Olayemi Cardoso said on Tuesday, with a firm assurance that ongoing monetary tightening measures......
Editor | Nov 28, 2024
Economy
Argentina’s reform gains expose chink in Nigeria’s armour
The men with two of the world’s toughest jobs are reaping different fruits from far-reaching reforms implemented since they took on the reins of Nigeria and Argentina. Argentina’s reforms, anchored in economic prudence and fiscal discipline...
Editor | Nov 27, 2024
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