Investors piled into mutual funds in five months to May 2024, pushing up their net asset value by 39 percent. High returns drove the appetite for mutual funds...

The once-thriving petrol black market in West Africa has been topsy-turvy lately after Nigeria adopted full deregulation in the downstream sector....

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...