Nigerian Economy

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…
Brewers push back on tax stamp rollout, warn of inflation risk
Business

Brewers push back on tax stamp rollout, warn of inflation risk

Nigeria’s brewing industry is pushing back hard against the Federal Government’s plan to introduce a tax stamp on excisable goods,…
Industry and governance heavyweights signpost NCDMB Lecture Series on Nigerian content
Business

Industry and governance heavyweights signpost NCDMB Lecture Series on Nigerian content

The Nigerian Content Development and Monitoring Board (NCDMB) is deepening its role as both an industry regulator and a thought…
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