Nigeria’s external reserves, which represent the country’s stock of foreign currency, have reached a 22-month high of $37.31 billion, reflecting significant foreign inflows into Africa’s largest economy....

One of the NGX heavyweights, Geregu Power Plc posted a 15% gain in two days. Its share price moved from N1000 as of the start of trading on September 17 to close at N1150 at the close of trading on September 18...

The Asset Management Corporation of Nigeria (AMCON) has triggered fresh concerns in financial markets as it grapples with a deepening negative equity position of $6.2 billion...

Nigeria’s lowest inflation rate in six months will positively affect borrowers but may put a frown on the faces of investors....

Guinness Nigeria Plc has gotten the approval of the Nigerian Exchange Limited (NGX) for the brewer’s block divestment of 1.270billion ordinary shares of 50 kobo each at a premium price of N81.60 per share....

Nigeria's efforts to deepen its capital market and diversify funding sources took a significant leap with the successful issuance of the inaugural Domestic Federal Government of Nigeria (FGN) US Dollar Bond....

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has accepted Shell International Plc’s bid to sell its onshore assets to Renaissance in a transaction worth $1.3 billion....

Seldom has one tycoon so tantalised a nation. On September 3rd Aliko Dangote, one of Africa’s richest men, announced that his new $20bn refinery in Nigeria was starting, after many delays, to produce petrol....

The Bank of Industry (BOI) has successfully raised a landmark €1.425 billion from the senior phase of its global loan syndication, giving it a substantial firepower to boost financing for Nigeria’s businesses....

Zenith Bank's electronic banking income has increased to its highest level in at least 12 years. Electronic banking income surged by 85 percent to N41.2 billion in the first half of 2024 from N22.2 billion in the same period of last year....

Like Nigeria, Indonesia embarked on fuel subsidy removal to allow for sustainable growth and channel revenue pumped into reductions of gasoline prices into capital projects....

Lack of finance is stalling the execution and delivery of infrastructure projects in Nigeria....

Nigeria’s annual post-harvest loss of N3.5 trillion surpasses its combined five-year federal budget for agriculture, BusinessDay has found....

Visa regulations worldwide are undergoing significant updates starting this September, with updates that could impact a wide range of individuals, including frequent travellers, foreign workers, and students....

The Federal Government will, on or before Friday, announce the result of the $500 million domestic dollar bond recently offered to the Nigerian public....