Business & Economy

Just a year after Buhari was elected into office on a mantra of ‘change’ it appears to be more of the same for Nigerians as the country is buffeted by ill winds from the global markets. Martins Azuwike reports on the shrinking of Africa’s biggest economy A year into Muhammadu Buhari’s tenure as ...

FIVE AND A half decades since independence not much structural change in the Nigerian economy has taken place. Crop production still dominates economic activity, followed by trading and services. Oil, though, with a much bigger share of total output today than it had at independence in 1960, rema...

 Solar wars heat up following German firm’s arrival into Kenya market.

Despite hopes that the power supply jinx would be finally broken, Nigeria is even more in the dark. By Nsineno May Anthony When PRESIDENT Muhammadu Buhari was elected last year, one of the problems he promised to fix was the country’s epileptic power supply. Poor power generation and tran...

The African Development Bank (AfDB) is consciously contributing to Africa’s development and it is achieving results. By Kofi Ansah ACCORDING to the Bank’s Annual Dev­elopment Effectiveness Review (ADER) 2015, 70 per cent of the Bank’s in­dicators are on t...

Adding fuel to the fire – A combination of ageing oil refineries and powerful middlemen led to a crippling fuel crisis last month. By Martins Azuwike, Lagos    IN THE RUN up to his inauguration at the end of last month, President Buhari would have been left in no doubt as to...