Finance & Economy
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Nigeria’s Economy of Politics: The Candidate, the Cake and the Queue
Nigeria’s political economy is shaped not only by formal policy choices but also by the financing, coalitions and expectations that…
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UBA 2025: When Lending Engine Runs Into a Toxic Mix
United Bank for Africa Plc’s 2025 results lay bare banking’s central tension. The bank got bigger, but made far less…
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UBA STOCK LANGUISHES AT A DISCOUNT AFTER A CATACLYSMIC PROFIT FALL
UBA is trading at a clear discount to its tier-1 peers in both price and valuation heading into 2026, and…
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UBA’s Core Problem: Big Vision, Fragmented Engine
In banking, the future isn’t decided in press conferences. It’s decided in the core — the quiet system that posts…
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Nigeria’s Reform Scorecard: N20.40tn in Incremental Resources Meets N30.64tn in Spending Pressures
The Federal Ministry of Finance’s August 2026 reform scorecard reframes Nigeria’s post-subsidy fiscal record as a financing account rather than…
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Sterling Bank: How a Denominator Manager Is Leaving Shareholders to Fund the Past
Benchmarked against its own past, Sterling Bank’s progress over decades can look deceptively beautiful — bigger assets, higher earnings, and…
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Sterling Bank’s Profit Grows 20% But Impairments Spike 357% As Asset Quality Deteriorates
Sterling Financial Holdings Company Plc delivered strong top-line growth in the first half of 2026, but the quality of that…
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Tinubu’s Reform Scorecard: Pain Paid, Gains Earned, Bill Still Due
Five minutes into the Finance Minister’s presentation, the core of Tinubunomics is laid bare: the Tinubu administration chose shock therapy…
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Nigeria’s Debt Spiral: Borrowing for Survival, Paying for Growth
Nigeria’s public debt has crossed N159.35 trillion, about $110.97 billion as of March 2026. On paper that is 32.3% of…
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Tinubunomics: The Good, The Bad, The Ugly
Since September 2023, the economic command of the Tinubu administration has rested on three people with distinct mandates. Wale Edun,…
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