Business

Nigerian manufacturers pull back from bank loans as interest rates bites

Nigerian manufacturers pull back from bank loans as interest rates bites

Leading Nigerian manufacturers are significantly scaling back bank borrowings as the country’s persistently high interest rate regime reshapes corporate financing.…
The disappearing Aboki Dollar: From streets to smartphones

The disappearing Aboki Dollar: From streets to smartphones

At its peak, Nigeria’s Aboki dollar network moved more foreign currency in a single day than many banks. Near banks,…
Tools that make your Nigerian business look more trustworthy

Tools that make your Nigerian business look more trustworthy

Trust is currency, and in Nigeria, it is one of the hardest things to earn in business. A 2023 survey…
7 steps to branding your business in Nigeria

7 steps to branding your business in Nigeria

Running a business in Nigeria is not beans. Between power issues, chaotic logistics, inconsistent customers, and the ever-rising prices of…
Local content must drive Africa’s energy prosperity, Ogbe

Local content must drive Africa’s energy prosperity, Ogbe

For African countries that rely heavily on oil and gas, the challenge has never been the absence of resources but…
Chowdeck hits one million monthly orders, chases Glovo in Nigeria’s food delivery race

Chowdeck hits one million monthly orders, chases Glovo in Nigeria’s food delivery race

The food delivery scene in Nigeria is not what it used to be. A few years ago, ordering food through…
Top 4 fintech lenders Nigerians can turn to for Christmas cash

Top 4 fintech lenders Nigerians can turn to for Christmas cash

Christmas in Nigeria comes with its usual flurry: crowded markets, long queues at ATMs, and everyone scrambling to cover travel,…
NCDMB council and management chart new path for corporate governance and performance

NCDMB council and management chart new path for corporate governance and performance

Determined to strengthen Nigeria’s local content drive and improve corporate governance in the oil and gas sector, the Governing Council…
AI and the future of work: How Nigerians can stay ahead of the curve

AI and the future of work: How Nigerians can stay ahead of the curve

The world is changing faster than most of us can scroll through our timelines. One minute, you are learning how…
Nigeria’s entertainment industry projected to hit US$5.8 billion by 2029

Nigeria’s entertainment industry projected to hit US$5.8 billion by 2029

Nigeria’s entertainment and media industry is in for a major lift. According to the new PwC Africa Entertainment and Media…
Passion is dying in Nigerian businesses. (Extreme) poverty is the cause

Passion is dying in Nigerian businesses. (Extreme) poverty is the cause

Nigerian businesses are expandMany young Nigerians now own a lash tech business, do nails, own a pre-order only food stall,…
Nigerian banks are joining the solar trend

Nigerian banks are joining the solar trend

Nigerian banks spent a total of ₦270.09 billion on power-related expenses in 2024, almost double the ₦142.99 Billion recorded in…
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