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Burna Boy Takes Delivery of N9bn Bugatti Chiron

Burna Boy Takes Delivery of N9bn Bugatti Chiron

Grammy-winning musician Damini Ogulu, known globally as Burna Boy, took formal delivery of a bespoke Bugatti Chiron VXX hypercar in Lagos on Saturday, 19 September 2026. Dubai-based vehicle customiser Venuum and dealership Abuja Car valued the one-of-a-kind vehicle at roughly nine billion naira. A handover ceremony, broadcast through promotional video clips on social media, showed…

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The Decentralised Grid: How Small Businesses and Estates are Quietly Divorcing the National Grid

The Decentralised Grid: How Small Businesses and Estates are Quietly Divorcing the National Grid

Across commercial hubs and gated residential communities in Lagos, Abuja, Port Harcourt, and Ibadan, a quiet infrastructure divorce is underway. Commercial clusters, private housing estates, and small manufacturing firms are systematically disconnecting their primary operations from the national grid. Spurred by relentless grid collapses, steep distribution company (DisCo) tariff revisions, and the erratic delivery of…

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The Phantom Wealth of States

The Phantom Wealth of States

Fresh economic disclosures on subnational finance reveal an enduring paradox of the Nigerian federation. States endowed with vast deposits of critical minerals, lithium, tantalite, gold, lead, zinc, and rare-earth elements, continue to record near-negligible figures for internally generated revenue (IGR). From the lithium-heavy corridors of Nasarawa and Kwara to the goldfields of Osun and Zamfara,…

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