Business

Inside Nigeria’s growing luxury hospitality market

Inside Nigeria’s growing luxury hospitality market

Nigeria’s luxury hospitality business is expanding beyond five-star hotels. Short-let apartments, private members’ clubs, fine-dining restaurants, beach clubs, resorts and…
Oil firms count profits, but where is the investment?

Oil firms count profits, but where is the investment?

Nigeria’s oil and gas companies have a financial advantage they should be using to expand their businesses. Operating profits are…
NCDMB showcases reforms behind $10bn oil and gas investments

NCDMB showcases reforms behind $10bn oil and gas investments

More than US$10 billion in oil and gas investments and projects have been recorded in the past three years, reflecting…
The tax stamp on the bottle, the stakes for business

The tax stamp on the bottle, the stakes for business

A bottle of whisky can look exactly like the original, from its label and cap to the packaging. The difference…
The long road from bank recapitalisation to business growth

The long road from bank recapitalisation to business growth

Nigeria’s banks have completed a major bank recapitalisation exercise, raising ₦4.65tn in fresh capital. Yet access to affordable credit remains…
Are personal loans keeping Nigerian households afloat?

Are personal loans keeping Nigerian households afloat?

The month is not over, but the money is already running out. There is food to buy, transport to pay…
Tap and pay: How banks and Interswitch want Nigerians to pay with their phones

Tap and pay: How banks and Interswitch want Nigerians to pay with their phones

A customer buys lunch, asks for the seller’s account number and opens a banking app to make payment. The seller…
Open for business, closed for good

Open for business, closed for good

Across Nigeria, businesses that once served customers, employed workers and supported local economies have been shutting their doors. Small and…
NCDMB targets gaps in local oil and gas equipment manufacturing

NCDMB targets gaps in local oil and gas equipment manufacturing

Nigeria is looking to expand its domestic manufacturing of critical oil and gas equipment, as industry stakeholders work to address…
NCDMB, Dangote push for stronger local supply chains

NCDMB, Dangote push for stronger local supply chains

Nigeria’s ability to retain more economic value from industrial investments depends not only on the facilities it builds but also…
Inside Nigeria’s ₦6.08 trillion bank liquidity puzzle

Inside Nigeria’s ₦6.08 trillion bank liquidity puzzle

Nigeria’s banks had more than ₦6 trillion deposited with the Central Bank of Nigeria (CBN) by 16 October 2026. The…
Moove’s ₦35bn exit: The business lessons for Nigeria’s mobility startups

Moove’s ₦35bn exit: The business lessons for Nigeria’s mobility startups

A business can solve a real problem, attract thousands of customers and grow beyond its home market, yet still struggle…
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