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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......
Economic Week Ahead
Economic Week Ahead: N610bn T-bill auction, UK to publish inflation data
The Central Bank of Nigeria (CBN) plans to auction N610.08 billion worth of Treasury bills this week while the United Kingdom Office for National Statistics is expected to release the country’s consumer price index...
Editor | Nov 18, 2024
Economy
Businesses brace for more naira pain
Nigerian businesses are bracing for further naira depreciation in the coming months, with recovery anticipated only after six months, according to a recent report by the Central Bank of Nigeria (CBN)....
Editor | Nov 18, 2024
Life and Arts
Nollywood rides funding crunch to stay on screen
As Nollywood operators self-finance their projects owing to the limited access to structured funding, filmmakers are beginning to find innovative ways to overcome the constraints...
Editor | Nov 15, 2024
Economy
Why Growth in Sub-Saharan Africa is Splitting into Two Paths
Economic growth in Sub-Saharan Africa is diverging, with countries like Ethiopia, Rwanda, and Senegal experiencing rapid growth, according to the IMF......
Editor | Nov 15, 2024
Economy
How Nigeria’s early economic lead over China was lost
In the 1960s, Nigeria’s economic future was bright. Endowed with rich natural resources, arable land, and a young, growing population, the country seemed poised to lead......
Editor | Nov 14, 2024
Stock Market
Nigerian stocks that have made investors richer in 2024
Many listed stocks at the Nigerian bourse have made investors richer this year, producing returns of 30 percent to 500 percent so far, according to market data collated by BusinessDay....
Editor | Nov 13, 2024
Oil & Gas
FX receipts at risk as PSC, JV production drops 35%
The Nigerian oil and gas sector, once reputed for Joint Ventures (JVs) and Production Sharing Contracts (PSCs), has seen a notable decline in output and investment in recent years......
Editor | Nov 12, 2024
Oil & Gas
Marketers agree to lift petrol from Dangote refinery
The Independent Petroleum Marketers Association of Nigeria (IPMAN) will start lifting premium motor spirit (PMS), automotive gas oil (AGO) and Dual Purpose Kerosene (DPK)......
Editor | Nov 12, 2024
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