Demand for the Central Bank of Nigeria’s Open Market Operations (OMO) bills rebounded sharply on the recent CBN auction, as excess liquidity in the financial system drove subscriptions to about N3 trillion, reversing last week’s weak investor appetite....

Nigeria faces imminent egg shortages as day-old chick prices have surged 67 percent in three months, BusinessDay's findings show....

Adaeze Nwosu’s fabric shop on Lagos Island now sits in the dark most afternoons, her sewing machines completely silent. Just a month ago, she could afford to run her generator for four hours a day....

The recent decision by Canal+ to pull the plug on Showmax serves as a post-mortem for the streaming market in Nigeria. Despite generating $204 million in revenue between 2023 and 2025, the platform racked up operating losses exceeding $523 million....

Foreign Portfolio Investors (FPIs) are considering safer investment havens following escalating tensions in the Middle East, which have resulted into poor results at the recent Open Market Operation (OMO) auctions....

Nigeria’s central bank governor said the escalating conflict involving the United States, Israel, and Iran could influence future interest-rate decisions, warning that higher oil prices may fuel inflation even as they bolster export earnings....

The Nigerian Exchange Limited (NGX) has officially crossed the N130 trillion market capitalisation mark, a milestone that says much about the country's economic resurgence as it does about growing investor optimism....

Nigeria holds one of the world’s largest untapped gas endowments, yet millions of its citizens continue to grapple with chronic electricity shortages led by grid collapses, load shedding or disturbances....