Business

In Nigeria, numbers project growth, but daily life says otherwise

In Nigeria, numbers project growth, but daily life says otherwise

Nigeria’s economy is growing on paper, but many citizens still feel the pinch of rising costs. In other words, the…
Importers overtake local refineries, deliver 62% of petrol supply in 2025

Importers overtake local refineries, deliver 62% of petrol supply in 2025

Despite growing conversations about local refining and fuel self-sufficiency, a greater percentage of the petrol consumed in Nigeria in 2025…
Price stability takes a hit as tax rules are misread

Price stability takes a hit as tax rules are misread

Price stability is emerging as one of the earliest casualties of Nigeria’s newly implemented tax reforms, not because the policy…
Nigeria records 12 straight months of business expansion, but confidence is starting to soften

Nigeria records 12 straight months of business expansion, but confidence is starting to soften

Nigeria has now recorded 12 straight months of business expansion, but the latest data suggests that growth is continuing more…
New tax law in Nigeria: Why transfer narrations are suddenly non-negotiable

New tax law in Nigeria: Why transfer narrations are suddenly non-negotiable

If you have gone to a supermarket or a nearby store to buy something recently and your method of payment…
NNPC begins stake sale talks in oil and gas assets amid push to unlock capital

NNPC begins stake sale talks in oil and gas assets amid push to unlock capital

The Nigerian National Petroleum Company Limited (NNPC) has taken concrete steps toward reshaping its asset portfolio, opening discussions to sell…
More shoppers, smaller Baskets: Inside Christmas 2025 spending in Nigeria

More shoppers, smaller Baskets: Inside Christmas 2025 spending in Nigeria

In the final quarter of 2025, Nigerian businesses learned a familiar but uncomfortable lesson: festive seasons no longer automatically translate…
Year-end review: 7 things Nigerian businesses must do before 2026

Year-end review: 7 things Nigerian businesses must do before 2026

As 2025 draws to a close, Nigerian businesses are operating in an environment shaped by inflationary pressure, exchange rate volatility,…
Live shows drive Nigerian music revenues as artists earn US$395m from touring

Live shows drive Nigerian music revenues as artists earn US$395m from touring

If there is still any doubt about where the real money in Nigerian music lives, touring and live performances have…
Will Free Trade Zones disappear under the new tax regime?

Will Free Trade Zones disappear under the new tax regime?

There is no doubt that the recently enacted Nigeria Tax Act, 2025 comes with a lot of benefits, chief among…
Dangote vs petrol importers: Who will blink first

Dangote vs petrol importers: Who will blink first

Nigeria’s fuel market is in the midst of a high‑stakes disruption as the Dangote Petroleum Refinery continues to challenge traditional…
Car imports rebound as Nigeria hits ₦1.01tn in nine months

Car imports rebound as Nigeria hits ₦1.01tn in nine months

Nigeria’s passenger motor car imports staged a notable recovery in 2025, rebounding to ₦1.01tn in the first nine months of…
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