Nigeria’s tax reform and its impact on businesses

We assess how the FG’s revenue harmonisation scheme will impact Nigerian businesses.

The missing pieces of Nigeria's affordable housing puzzle

How to solve the housing deficit in Nigeria.

The problem with Nigeria’s sovereign wealth fund

A deep dive into Nigeria’s sovereign wealth fund and an argument for why it needs to grow faster.

Nigeria’s new railway game plan: states take the lead

We assess the prospects of states developing rail lines in Nigeria.

Land reform: a priority for Nigeria's new lawmakers

Why Nigeria’s 10th National Assembly should prioritise land reforms.

Why is your local government not effective?

In Nigeria, local governments are strangled.

A data story on Nigeria's next governors

Nigeria’s future governors won't be diverse. Neither were their predecessors.

Rivers state’s dilemma: More bridges, more poverty

We assess the effect of government spending on Rivers state residents under the Nyesom Wike administration.

Should Nigeria merge its ports with railways?

What Nigeria can learn from South Africa which leads the continent on the World Bank’s logistics performance index.

Improving home ownership in Nigeria starts with funding, here's why

The public and private sectors both have a role to play in fixing the funding challenges in Nigeria's housing sector.

Why are Dangote and Kogi state fighting in court?

Assessing the implications of an ownership tussle between Dangote and the Kogi state government

Will pensions allow more Nigerians buy homes?

PenCom's new pension for housing policy aims to make more Nigerians home owners.

Assessing Nigeria's revenue problem

How slow revenue growth has contributed to Nigeria's fiscal problems.

How can Nigeria’s federal government improve its spending?

High personnel costs, duplicated projects and poor spending choices are three areas that have consistently bloated the federal government's spending.

Is Nigeria’s capital expenditure meaningful?

Capex helps to improve Nigeria’s infrastructure. But the federal government is spending less on capital projects today than in 2011.

Will sukuk bonds improve Nigeria’s road infrastructure?

Sukuk bonds ensure better accountability for capital projects and a competitive alternative to conventional financial funding in Nigeria.

Does INEC have enough funding for free and fair elections?

Nigeria’s election budget can be inflated and mask the real cost required to carry out elections.

How does Lagos earn its money?

Lagos’s IGR has multiplied almost 30 times from ₦15 billion in 1999 to nearly ₦500 billion in 2021.

Will banning okadas make Lagos residents more secure?

Banning okadas has resulted in a slightly lower number of incidents recorded in Lagos.

Will Nigerians see the benefits of new railways?

Some Nigerians are elated with the pace of rail infrastructure, while others claim that the benefits of our transport investment are hard to see.

Are Nigerians better off with a pension plan?

Nigerians struggle to see the benefit of their dwindling pensions.

Buhari's scorecard: a closer look at the power sector

A scorecard on Buhari's campaign promises for power infrastructure.

Why does the federal government struggle to meet its revenue targets?

Nigeria’s budget determines how the lives of over 200 million people will fare for at least 365 days, so how do projections get so wrong?

What does Borno’s economy tell us about Shettima’s competence?

Tinubu, Nigeria's ruling party's presidential candidate chose Shettima as his running mate based on competence.

Osun 2022 elections: the next governor’s challenge

With a small income and ambitious objectives to implement, Osun’s next governor has a huge task ahead.

How does Lagos state spend its money?

Lagos is a megacity in Nigeria but by global standards, it’s not.

Ekiti state elections: what can we learn about choosing a governor?

The people of Ekiti state elected a new governor, and they chose the handpicked candidate of the outgoing governor.

How are Nigerian oil stocks performing?

A look into how oil firms and their shareholders are faring amidst the global oil boom

What does Elon Musk's Starlink mean for Nigeria's telcos?

Starlink is coming to Nigeria, but will it improve the quality of Nigeria's internet infrastructure?

Why Nigerian banks don't like lending

We look at the factors affecting Nigerian banks' decisions to lend

Can Anambra achieve its ₦50 billion economic agenda?

Anambra has grown less dependent on FAAC and was one of only three states in 2020 that could fund its operating expenses using IGR and VAT income.

NIBSS data shows Nigeria needs to get better at fighting fraud

A look in reported cases of fraud By Nigerian financial institutions.

How will the Russia-Ukraine crisis impact Nigeria’s financial markets?

A look into Eastern Europe's crisis and its effect on the Nigerian financial markets.

Will the $1.5bn Lekki deep seaport end Lagos' woes?

A look into transport infrastructure inadequacy in the Lekki-Epe axis of Lagos

Can domestic investors improve Nigeria’s stock market performance?

A look at the implications of domestic investors' dominance on the NGX.

Can Nigerian startups embrace corporate bonds for funding?

Assessing the viability of corporate bonds as a source of startup funding.

Why Nigeria's rice pyramids do not equal food security

Achieving food security goes beyond building food pyramids.

Will venture debt work for your startup?

A look into venture debt and its viability for Nigerian startups.

Is Oyo state’s growth a cause for celebration?

Oyo recorded one of the fastest IGR growth of 42% in 2020. But, federal allocations (FAAC) still made up nearly 60% of its 2020 revenue.

Why is MTN targeting retail investors in Nigeria?

Explaining reasons behind MTN's latest primary offer

Why China is interested in Africa

What is driving China's interest in Africa?

Why the eNaira is not yet useful to Nigerians

The eNaira needs more work before it can be useful.

Will banking licences for MTN and Airtel disrupt retail banking?

Nigeria’s latest PSB licences and their potential to offtake bank’s retail customers.

More than 30 million young Nigerians are idle and need something to do

Around 60% of young Nigerians are "idle youths"—they aren't in school and aren't employed—this places our economy in jeopardy.

Nigeria’s declining manufacturing sector needs a new growth strategy

What would it take to revive Nigeria's manufacturing sector?

Is the Nigerian budget a right fit for the economy?

Why the rapidly growing budget isn't contributing to significant economic growth.

Why Nigerian mortgages can’t help with your home purchase

Nigeria needs a disruptive approach to mortgages.

Economy - 01 OCT 2021

At 61, how free is Nigeria’s economy?

Assessing Nigeria’s economic freedom at 61.

Banking the unbanked: the noble but unrosy path to financial inclusion

Assessing Bankly's financial inclusion goal.

Nigeria is experiencing a housing bubble and it's absurd

Why Nigeria is experiencing a housing bubble and how to address it

Federal vs State: Who should collect VAT from Nigerians?

A look into the VAT saga between Nigeria's federal and state governments

Nigeria's investment returns are gloomy, but are there hidden booms?

A look into equity investment returns in Nigeria.

Why is it so difficult to fix roads in Nigeria?

Assessing the difficulty of road construction in Nigeria and solutions.

Is Nigeria plugging its infrastructure gap?

A look into Nigeria's infrastructure investment drive.

What are the costs and benefits of more financial inclusion?

Financial inclusion: who wins and who loses?

Where is the Lagos light rail?

Unravelling the second coming of a Lagos-owned train.

How Jiji plans to boost Tokunbo car sales

Understanding Jiji’s bet on the used car industry.

Dangote vs others: Tackling competition in Nigeria’s cement industry

Why BUA’s rapid expansion and industry competition fail to drive cement prices down.

Why are road accidents in Nigeria rising?

A look into Nigeria's accident-prone highways.

Is Nigeria ready for bicycles?

Nigeria's cycling gap: How to make room for a bicycle economy

Nigeria’s trillion naira plan to re-introduce toll gates

Can toll gates make a comeback on Nigeria’s federal roads?

Nigeria’s “Uber for Ships” pivots, bets on international trade

Why MVX pivoted from “Uber for Ships” and embraced global trade.

The open grazing ban: Nigeria's challenge with managing cattle

A look into the causes of the herdsmen crisis and the proposed solutions

Insider bank loans: A dangerous trend in Nigeria

How the abuse of insider bank loans impacts the banking industry and stakeholders.

Travelling by water in Lagos: High cost and solutions

Infrastructural deficiencies at sea and solutions to boost passenger traffic.

Kaduna’s revenue momentum: Can it last?

Dissecting Kaduna state's revenue momentum.

Shipping goods: Why half of Nigeria's ports remain ineffective

The problems with shipping goods to Nigeria.

Banking through agents: A successful path to inclusion?

The impact of agency banking on financial inclusion.

The NSE's path to global competitiveness

Demutualisation: Understanding the Nigerian Stock Exchange's new status.

Human vs physical capital: Where should Nigeria spend money?

An analysis of Nigeria’s capital spending.

Why is financial inclusion low among Nigerian women?

Seven charts showing Nigeria's financial inclusion by gender.

Can Ogun state be the next Lagos?

Assessing Ogun state's financial and economic potential.

Little earner, big spender: The federal government's troubled finances

How does the federal government earn and spend money?

One nation, underwater: Fighting Nigeria’s growing flood disaster

How to fight Nigeria's flood menace.

Is social welfare eliminating poverty in Nigeria?

Assessing the National Social Investment Programme (N-SIP).

Crypto investments: The good and the ugly

The risks and opportunities of investing in cryptocurrencies.

Has the Lagos BRT made your life easier?

Assessing the BRT solution to Lagos transport problem

Improving Lagos traffic: Can infrastructure outpace population growth?

Why Lagos' traffic has stubbornly remained.

Nigeria’s government wants your unclaimed dividends

The grab for unclaimed investor profits.

Pension funds and the fight for your savings

We show what it's like in Nigeria's pension industry and breakdown acquisition and retention strategies for PFAs in Nigeria.

AMCON: Nigeria’s bad bank forever and ever?

Has AMCON been a success? Is it time for it to go or should it stay?

What next for the Lekki Free Trade Zones?

Understanding the prospects of the Lekki Free Trade Zones and the delays in developing them

Nigeria’s costly rural road deficit keeps millions stuck

The importance of fixing rural roads in Nigeria

Meet one of the financiers behind Africa’s high-impact projects

Plugging Africa’s infrastructure gap: The AFC roadmap

Beyond Dangote Cement: Nigeria’s Stock Exchange needs more market leaders

A look into improving the depth of Nigeria's Stock Exchange

The CBN’s battle for a cashless Nigeria

We assess how Nigeria has fared in its drive to reduce the use of cash in the country.