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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......
Tax Reform
Tax reforms leave no escape route for evaders
These reforms will ensure equity and protect poor and vulnerable citizens, according to Taiwo Oyedele, chairman, Presidential Fiscal Policy and Tax Reforms Committee....
Editor | Nov 21, 2024
Naira
Weaker naira drags FG's budget to six-year low 
Nigeria is aiming to spend a record N47.9 trillion in the 2025 fiscal year in a move to strengthen economic resilience but with a devalued currency, the budget is the lowest since 2020 in dollar terms...
Editor | Nov 21, 2024
Stock Market
Investors strike gold as Nigerian stocks up 264% in 5 years
Nigeria’s equities market has risen by 264 percent in the past five years driven by a combination of new listings and earnings growth which lured investors....
Editor | Nov 20, 2024
Health
Nigeria’s life expectancy stagnates on decade-long underinvestment
A decade of underinvestment in healthcare and public services has left Nigeria’s life expectancy stagnating at 63 years. BusinessDay’s World Health Organisation (WHO) data analysis shows...
Editor | Nov 20, 2024
Oil & Gas
Dwindling oil output threatens FG's ambitious 2025 budget
Nigeria’s low oil production could affect major projections in the 2025 budget, putting the nation’s revenue target at risk. President Bola Tinubu is proposing a N47.9 trillion 2025...
Editor | Nov 19, 2024
Telecoms
Telcos’ revenue per user slumps as weaker naira tips Nigeria off the top
The financial performance of the mobile industry in Nigeria has slowed down in recent years after a long period of sustained growth,” said GSMA, the industry body for telcos. ...
Editor | Nov 19, 2024
Inflation
Inflation bites bankers despite higher salaries 
Nigerian bankers, like several other workers in Africa's most populous nation, are receiving higher pay but an unrelenting surge in inflation is snuffing out the gains....
Editor | Nov 19, 2024
Budget
Will Nigeria’s 2025 budget deliver or disappoint?
The Nigerian government has presented a budget proposal of N47.9 trillion for 2025. This has led to widespread debate on whether it can deliver the promised economic relief or fall short....
Editor | Nov 18, 2024
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