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Markets
Northern Billionaires split biggest chunk of Jaiz Bank’s N4.91bn dividend
Nigeria’s premier non-interest financial institution, Jaiz Bank Plc recently got shareholders approval for a massive 57 percent increase in its dividend payout to 11 kobo per share following a stellar financial year 2025....
Economy
Like Uzoka-Anite, Tinubu’s latest cabinet reshuffle came without notice for Edun
In a move that has sent ripples through the corridors of power and the financial markets alike, President Bola Ahmed Tinubu has fundamentally recalibrated the leadership of Nigeria’s economy....
Editor | Apr 22, 2026
Pension
Pension returns match inflation for first time in seven years
Pension returns in Nigeria are beginning to catch up with inflation for the first time in seven years, signalling a potential turning point for contributors who have endured years of eroded real value in their retirement savings....
Editor | Apr 21, 2026
Investigation
Repackaged expired products dominate Nigeria's N34trn food market
In many Nigerian markets, food items are removed from branded packs and resold in nylon bags, buckets, and plastic cups. BusinessDay investigations found that many come from expired, near-expiry, or rejected factory stocks, fuelling a multi-billion-naira ...
Editor | Apr 17, 2026
Economy
March inflation climbs 15.38%, halting 11-month disinflation trend
Nigeria’s annual inflation rate rose slightly to 15.38 percent in March 2026 from 15.06 percent in February, ending an 11-month disinflation trend, according to the latest Consumer Price Index report released on Wednesday....
Editor | Apr 16, 2026
Aviation
Airfares hold steady as new airlines offset jet fuel price surge
The influx of new carriers into Nigeria’s aviation sector has triggered a surge in competition, keeping airfares stable across local destinations despite a sharp rise in the price of aviation fuel....
Editor | Apr 15, 2026
Tax
Nigeria turns wealthy lifestyle habits into tax funnel
Wealthy Nigerians are now the primary focus of a data-intensive monitoring system designed to shore up public revenue. The taxman is no longer taking declarations at face value; instead, authorities are leveraging digital footprints, luxury purchases and ...
Editor | Apr 14, 2026
Energy
In Nigeria's oil birthplace, solar power sparks a new economy
The rusted derrick still stands as a monument to Nigeria's energy sector, a subtle reminder of the day in 1956 when Shell geologists discovered the first commercial crude oil in this tiny village surrounded by mangroves, changing the course of Africa’s mo...
Editor | Apr 13, 2026
Energy
Blackout persists as Adelabu’s 6,000MW target misses three deadlines
When Adebayo Adelabu took office as Nigeria's Minister of Power in August 2023, he promised that the country would reach 6,000 megawatts of electricity generation by the end of that year....
Editor | Apr 10, 2026
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