The gap between Nigeria’s official and parallel exchange rates has widened to more than N90, marking the widest divergence since President Bola Tinubu unpegged the currency in 2023. The widening spread is being driven by a surge in demand for physical dol...

The NGX Banking Index has kicked off 2026 with 10.80 percent year-to-date (YtD) gain, signalling that the "bull run" for Nigerian banks is far from over. ...

A massive liquidity glut has sparked a frenzy in the Nigerian Treasury Bill market, prompting investors to aggressively front-load their portfolios as a yield retreat looms. With the financial system awash in cash, market players are grabbing the 20 perce...

After a historic 2025 that ushered the Nigerian Exchange (NGX) into N100 trillion market capitalisation league, 2026 has opened with a clear message: the bull run isn't over, but it is becoming more selective....

Power outages have continued to plague Nigeria’s electricity system after fresh evidence showed that 58 percent of publicly funded dam projects meant to support power generation remain stalled or abandoned, despite hundreds of millions of naira already di...

The Nigerian stock market has entered a new era of unprecedented growth as the All-Share Index (ASI) surged past the 170,000-points threshold, marking a historic milestone for the Lagos bourse....

On the floor of the Nigerian Exchange Limited (NGX), what seemed earlier this week like a storm on shares of Nigeria's oldest lender, First Holdco, is leaving behind a surprising and golden clarity....

Bayo Ojulari, group chief executive of the Nigerian National Petroleum Company Limited, has admitted that the state-owned giant is incapable of operating the country’s refineries at a profit....