Nigerian Economy

Lithium demand is booming. Can Nigeria avoid another oil story?
Happening Now

Lithium demand is booming. Can Nigeria avoid another oil story?

The global race for lithium is accelerating as countries invest heavily in electric vehicles, renewable energy storage and battery manufacturing.…
Manufacturers paid less tax. Will it be enough to save Nigerian industry?
Business

Manufacturers paid less tax. Will it be enough to save Nigerian industry?

For years, manufacturers have complained that running a Nigerian industry often feels like fighting several battles at once. A company…
Nigeria’s small businesses are trapped in a ₦130tn funding crisis
Happening Now

Nigeria’s small businesses are trapped in a ₦130tn funding crisis

Nigeria’s small business sector may be carrying the economy on its back, but access to funding remains one of its…
Nigeria misses OPEC oil quota again despite improved production figures
Happening Now

Nigeria misses OPEC oil quota again despite improved production figures

Nigeria has once again failed to meet its crude oil production target set by the Organisation of the Petroleum Exporting…
From old iron to new money: Nigeria’s scrap trade
Business

From old iron to new money: Nigeria’s scrap trade

A few years ago, scrap collection in Nigeria was mostly dismissed as roadside hustling. Today, it has become one of…
Nigeria’s new import policy is forcing businesses to rethink everything
Business

Nigeria’s new import policy is forcing businesses to rethink everything

Nigeria’s 2026 tariff adjustments are beginning to change how businesses operate, with early signals pointing to a structural move away…
Nigeria’s poverty hits 63% despite easing inflation — World Bank
Happening Now

Nigeria’s poverty hits 63% despite easing inflation — World Bank

Poverty in Nigeria rose to 63 percent in 2025, despite a sharp slowdown in inflation, highlighting how recent macroeconomic gains…
How Nigeria’s housing market is breaking the promise of upward mobility
Happening Now

How Nigeria’s housing market is breaking the promise of upward mobility

There was a time in Nigeria when owning a modest home was not extravagant. A civil servant back then could…
Nigerian manufacturers pull back from bank loans as interest rates bites
Business

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

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,…
Mama Put: The meals we love, the risk we ignore
Chops

Mama Put: The meals we love, the risk we ignore

If there is one thing Nigerians are known for, it is street food. Every corner has someone selling food, and…
Can Nigerian 9–5 workers really manage a side hustle?
Business

Can Nigerian 9–5 workers really manage a side hustle?

In Nigeria today, the word “side hustle” has practically become a survival code. Everybody is chasing extra income or at…
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