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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
Ports, roads, levies hinder Nigeria’s non-oil export drive
In April 2024, a Nigerian exporter moved a container of food products from Aba in South-East Nigeria to Apapa Port in Lagos....
Editor | May 09, 2025
CBN
Banks’ deposits with CBN jump 16 times on CRR
Nigerian commercial banks have significantly increased the volume of overnight deposits placed with the Central Bank of Nigeria (CBN), as their use of the Standing Deposit Facility (SDF) surged more than 15-fold within a year....
Editor | May 09, 2025
Economy
Nigeria’s reform gamble: Austerity without anesthesia
For decades, Nigeria’s economic orthodoxy has rested on a familiar promise: embrace tough reforms today, and prosperity will arrive tomorrow....
Editor | May 08, 2025
Economy
How Lagos became the beating heart of Nigeria’s private sector
Since the 2023 presidential election in Nigeria, many supporters of Bola Tinubu—Nigeria’s president and former governor of Lagos—have attributed the development of Lagos to his leadership...
Editor | May 08, 2025
Education
Failing Grades: How Nigeria’s education system is letting students down
Every year, hundreds of thousands of young Nigerians file into exam halls—nervous, hopeful, and determined to secure a university slot through the Joint Admissions and Matriculation Board (JAMB)...
Editor | May 08, 2025
Oil & Gas
Nigeria to get 510,000 bpd from ExxonMobil’s $1.5bn deal
The decision of ExxonMobil to invest $1.5 billion in deepwater oil projects in Africa’s biggest oil-producing country is expected to unlock at least 510,000 barrels per day...
Editor | May 08, 2025
Agriculture
Trump’s tariff on Vietnam is boon for Nigeria’s cashew
The United States’ 46 percent tariff on all imports from Vietnam has opened an opportunity for Nigeria’s cashew processors to tap the $1.5 billion market....
Editor | May 08, 2025
Technology
Nigerians’ data spend doubles on 50% tariff hike
The 50 percent tariff hike approved in January 2025 doubled Nigerians’ expenditure on data, raising it to N585.08 billion in March 2025 from N287.77 billion in January....
Editor | May 08, 2025
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