Nigeria holds one of the world's largest untapped energy treasures, yet its citizens remain in the dark. While the nation sits on an estimated 600 trillion cubic feet of unproven gas reserves, a severe funding gap is preventing this wealth from reaching t...

Recent data shows that the high-flying ETFs are finally meeting gravity. For instance, STANBICETF30, which was trading as high as N7,003, has recently seen sharp double-digit daily drops (down 10 percent in a single session to N5,610)....

Bureau De Change (BDC) operators have been unable to purchase dollars from commercial banks one week after the Central Bank of Nigeria (CBN) reopened the Nigerian Foreign Exchange Market (NFEM) to them....

After a sustained period of bullish momentum that saw the Nigerian stock market reach historic milestones, the inevitable cooling period arrived on Tuesday. Investors, eager to lock in gains from the recent multi-day surge, pivoted to sell-offs, causing ...

Regardless of how well it's performing, when a company carries a high finance cost (primarily the interest paid on debt), it essentially has a "heavy backpack" that it must carry.  While debt can fuel growth, if the costs become too high, it creates a dom...

Nigeria households are finally catching a break at the stove. According to new data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), a massive surge in imports has flooded local depots, bringing much-needed relief to pri...

The naira on Monday climbed to a two-year high of N1,347.78 per dollar in the official foreign exchange (FX) market, further narrowing the spread with the black market, as Bureau De Change (BDC) operators await trading guidelines from the Central Bank of ...

Foreign investor sentiment toward Nigeria has reached its highest level in five years. Driven by sweeping currency reforms and improved dollar liquidity, offshore funds are returning to Africa’s most populous economy after years of capital flight....