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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...
Agriculture
Rising demand fuels silent palm oil boom
Rising palm oil demand in Nigeria is quietly driving a boom in the production of the commodity, with Edo and Delta states emerging as major hubs....
Editor | Apr 28, 2025
Power
Liquidity crisis in power sector worsens as Geregu, Transcorp gas debt hits N216bn
Nigeria’s power sector woes are worsening, with fresh data showing that Geregu and Transcorp Power owed gas suppliers a combined N216 billion in the first three months of 2025...
Editor | Apr 28, 2025
Economy
Africa's growth engine sputters as IMF downgrades economic outlook
The International Monetary Fund (IMF) has once again lowered its economic growth projections for a majority of African economies, painting a stark portrait of mounting global and domestic pressures following her April 2025...
Editor | Apr 28, 2025
Economy
Nigeria’s N160b cold-chain market lures new wave of investors
Africa’s most populous country has fewer than 1,000 cold trucks, far below the 25,000 needed to transport over 11 million metric tonnes of perishable goods annually, according to a recent U.S....
Editor | Apr 28, 2025
Inflation
Africa’s monetary tug-of-war: Central banks balance inflation, currency woes
As global inflationary waves ebb and economies seek a return to stability, Africa’s central banks are navigating a complex policy terrain, balancing growth imperatives against inflation risks...
Editor | Apr 28, 2025
Economy
Nigeria’s private sector credit trails African peers amid tepid recovery
Nigeria’s private sector credit extension remains significantly lower than that of its sub-Saharan African peers, despite recording a modest recovery in recent months. ...
Editor | Apr 25, 2025
Economy
Global market turbulence tests Nigeria’s ambitious 2025 spending plan
Six months ago, an article titled "Why Nigeria’s bold budget projections could backfire" was published by BusinessDay. It flagged a widening gap between fiscal optimism and economic fundamentals. That gap is now harder to ignore....
Editor | Apr 25, 2025
Oil & Gas
Unsold 92m barrels of crude puts Nigeria’s N19.6trn oil revenue at risk
Nigeria’s oil sector, the lifeblood of its economy, is grappling with a burgeoning crisis as a staggering 92 million barrels of crude oil, slated for export in April and May 2025, remain without buyers, according to exclusive data obtained by BusinessDay....
Editor | Apr 25, 2025
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