By the third week of every month, Ibrahim Olarinrin’s salary is gone. The 38-yearold Lagos resident earns N300,000 a month working for a professional services firm in accounting and finance. Yet feeding his wife and two children now costs...
Manufacturers in Nigeria are staring at fresh cost shocks after some of the world’s largest shipping lines imposed new surcharges on cargo from China, the country’s biggest source of imports, threatening to further erode margins at a time...
Nigeria’s banking sector, once the continent’s standout profit story, is losing momentum. After posting record earnings over the past two years on the back of naira devaluation gains and elevated interest rates, the country’s biggest lenders...
Jim Ovia, the billionaire founder of Nigeria’s largest bank by market value, has made an unexpected full-time pivot to real estate, betting that luxury residential real estate in Lagos will yield higher returns than commercial...
Nigeria today stands at a troubling crossroads. Across vast stretches of the country, fear has become a constant companion of ordinary citizens. From rural communities to urban centres, from highways once bustling with commerce to schools...
