There is a loud silence from some commercial banks expected to achieve the new minimum capital base benchmark set by the Central Bank of Nigeria (CBN) as the race to ...

The NGX has more stocks with negative price-to-earnings ratios, suggestive of the losses many listed companies have incurred over the past few months. However, some stocks have also displayed...

For Nigeria and other developing countries to attract patient foreign direct investment they must have consistent economic policies, Jamie Dimon, chief executive officer of JP Morgan Chase has said....

Nigerian manufacturers are increasingly embracing local raw materials to reduce their exposure to the foreign exchange....

AT AKOKO, an upscale restaurant in central London, Nigerian staples such as moi-moi, stodgy bean pudding, and mosa, a savoury doughnut made from overripe plantain, become fine dining. ...

Africa, often called the continent of untapped potential, is increasingly recognised as a goldmine for business opportunities. With its vast natural resources, burgeoning youth population, rapid urbanisation, and growing middle class...

The bold step by the federal government for full deregulation of the downstream sector is seen to address the recurrent petrol shortages that have plagued Africa’s biggest economy for decades....

The decision of ExxonMobil to invest $10 billion in deep-water oil projects in Africa’s biggest oil-producing country is expected to unlock at least 180,000 barrels per day (bpd), BusinessDay’s findings have revealed....