Cassava glut has forced down the price of garri by 51 percent year-on-year, as farmers grapple with oversupply. The price of a small bucket known as ‘paint’– a popular measurement for selling the commodity across Lagos (yellow) - has declined by 51 perce...

Nigeria's insurance industry penetration remains low at 0.4 percent of the gross domestic product (GDP) despite the country’s over 200 million population....

Nigeria’s top pharmaceutical companies have recorded their strongest profits in at least five years, driven by the exodus of multinationals, which has created room for local manufacturers to fill the widening supply gap in Africa’s biggest consumer market...

A new analysis of state finances has revealed that at least ten Nigerian states are heavily exposed to foreign debt, with repayments now far exceeding what they can afford from their internally generated revenue (IGR) and monthly federal allocations....

Kaduna, Benue, Adamawa and Taraba are grappling with a deepening fiscal emergency, one that is now threatening the survival of their pension systems....

Conoil Plc will be paying about N2.43billion as final dividend for the year ended December 31, 2024. The company which has 693,952,117 shares outstanding has proposed a final dividend of N3.50kobo to be paid to shareholders...

Across Lagos and other major cities, the ‘fitfam’ culture has gained enormous ground. Jogging groups, cycling teams, and weekend exercise classes are now common in parks and open areas. ...

For decades, every Nigerian administration has promised to “diversify the economy.” Yet crude oil, which accounts for less than 10 percent of GDP, has continued to provide the bulk of export earnings ...