Nigeria's oil and gas drilling recovery accelerated sharply in May, with the number of active rigs climbing 42 percent from the previous month, raising hopes that operators are once again betting on the country's long-troubled upstream sector....

Nigeria's banking sector, once the continent's standout profit story, is losing momentum....

...tycoon's wealth jumps 46% after landmark $29bn deal...

By the third week of every month, Ibrahim Olarinrin’s salary is gone. The 38-year-old Lagos resident earns N300,000 a month working for a professional services firm in accounting and finance. Yet feeding his wife and two children now costs about N360,000 ...

Nigeria’s corporate elite and leading bankers are quietly accelerating their investments in London real estate, underscoring a widening disconnect between the country’s harsh economic realities and the offshore wealth strategies of its richest citizens....

South Africa faces the dual reality of being the biggest employer of labour in Africa, while simultaneously grappling with the highest rate of unemployment, and one of the highest in the world....

Ownership concentration in Nigeria's heavy industries has yielded another historic payday. Abdul Samad Rabiu, chairman, BUA Cement Plc took home a mind-boggling N189.74 billion from his personal stake in the company after the shareholders officially appro...

There is a number buried in Nigeria's budget implementation reports that tells the story of the country's public finances more clearly than the debt stock itself. It is 67.2 percent....