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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......
Economy
Great tightening: What’s next for Nigeria’s economic future?
The International Monetary Fund (IMF) recently highlighted the critical challenges faced by global economies, underscored by the ongoing "Great Tightening" – a period characterised...
Editor | Oct 23, 2024
Economy
Time for Nigeria to push reset button as reforms hit snag
The World Bank economic team at the recently concluded Nigerian Economic Summit stirred controversy by stating that Nigeria has to stay the course of reforms for the next 10-15 Years...
Editor | Oct 22, 2024
Oil & Gas
Seplat shares hit record high as FG approves ExxonMobil deal
Seplat Energy Plc saw its shares soar to a record high on Monday after the Nigerian government officially approved the company’s acquisition of ExxonMobil's local assets...
Editor | Oct 22, 2024
Inflation
Why rate hikes alone won't solve Nigeria’s inflation crisis
With inflation reaching 32.7 percent in September 2024, Nigeria’s economic challenges are becoming harder to ignore. The Central Bank of Nigeria (CBN) has responded...
Editor | Oct 22, 2024
Taxation
Why Taxing the Poor Won’t Bring Prosperity in Nigeria
No nation has ever taxed its way to prosperity, but Nigeria seems to be following this misguided path. BusinessDay research finds that among eight selected African countries...
Editor | Oct 21, 2024
Inflation
CBN tightens liquidity tap with N7.6trn mop-up in 9 months
The Central Bank of Nigeria (CBN) sold a total of N7.6 trillion in Open Market Operation (OMO) in the first nine months of 2024 as part of its ongoing efforts to control excess liquidity...
Editor | Oct 21, 2024
Manufacturing
Manufacturers feel the heat of rising energy costs
The sharp rise in energy costs has had a profound effect on Nigerian manufacturers, especially as power has now become one of the most significant contributors to production costs...
Editor | Oct 21, 2024
Economy
Economic Week Ahead: World Bank/IMF spring meeting in focus 
The World Bank and International Monetary Fund (IMF) annual spring meeting will take centre stage this week with pressing  global economic discussions starting Monday. ...
Editor | Oct 19, 2024
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