President Bola Tinubu has signed an executive order directing the Nigerian National Petroleum Company (NNPC) Limited to remit oil and gas revenues directly to the Federation Account, stripping the company of billions of naira in deductions that his admini...

Nigeria's oil producers are clinging to razor-thin margins despite crude prices hovering around $70. After paying for production and protection, many firms are left with profits between $5 to $7 per barrel....

Nigeria’s investment recovery is being driven by short-term portfolio inflows rather than long-term foreign direct investment, raising fresh questions about the durability of the country’s economic rebound....

Nigeria’s food inflation fell to single digits in January 2026 for the first time since May 2015, signalling easing in cost-of-living pressures. This trend, first predicted by BusinessDay, aligns Africa’s most populous nation with peers such as Ghana, Eth...

The Nigerian Exchange Limited (NGX) has recorded its most explosive trading session in history, as a massive N5.1 trillion single-day surge propelled the total market capitalisation to an unprecedented peak....

Nigeria’s food inflation may fall to single digits for the first time in more than a decade, underpinned by improved harvests, an import waiver policy on select foods, easing logistics bottlenecks and a steadier naira after years of sharp price increases ...

The Nigerian Exchange Limited (NGX) has reached a towering new peak as the All-Share Index (ASI) crossed the 180,000-point milestone in the trading week to February 13, marking a historic era for the domestic bourse....

In 2021, Priscillia Kojo, a Nigerian nurse, moved from the bedside to the operating table after a breast cancer diagnosis. Following a mastectomy and a subsequent recurrence, she considered selling her belongings to raise money for chemotherapy....