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Energy
Nigeria's offshore oil fields draw fresh billions after decade-long drought
For more than ten years, Nigeria's deepwater oil fields sat largely untouched by the world's biggest energy companies, starved of the investment that once made the country a magnet for offshore drilling....
Markets
Nigeria beats out South Korea to claim world's top-performing stock market
The Nigerian stock market has rerouted into its explosive trajectory, surging to the forefront of global equity markets in dollar terms....
Editor | Jul 09, 2026
Economy
FG’s record borrowing pushes bond yields higher as investors demand bigger returns
The Federal Government’s aggressive domestic borrowing programme is pushing up the cost of raising debt, as investors demand higher returns ahead of what is expected to be one of Nigeria’s biggest sovereign debt issuance programmes in recent years....
Editor | Jul 09, 2026
Markets
S&P DJI places Nigeria on 2027 watchlist for Frontier Market Upgrade
In a significant nod to Africa’s most populous economy, S&P Dow Jones Indices (S&P DJI) has officially placed Nigeria on its 2027 watchlist for a potential upgrade from "Standalone" to Frontier Market status....
Editor | Jul 08, 2026
Markets
Why BUA Foods ticker only dances to the Abdul Samad tune
In the upper echelons of the Nigerian Exchange Limited (NGX), market forces usually dictate the rhythm of stock prices – but BUA Foods Plc operates on an entirely different playlist....
Editor | Jul 08, 2026
Economy
Credit-shy banks hold historic liquidity buffer as funds flow to govt debt
A Nigerian creative entrepreneur spent months knocking on the doors of banks in search of financing to grow her business. One after another, lenders turned her away until she finally found one willing to take a chance on her....
Editor | Jul 08, 2026
Markets
Wema Bank: Three shareholders earned 63% of N50bn dividend payout
Just three ultra-high-net-worth investors emerged as the primary beneficiaries of Wema Bank Plc’s massive dividend distribution for the year 2025....
Editor | Jul 07, 2026
Markets
Foreign investors pull back from equity deals amid T+1 settlement concerns
Foreign investors are actively retreating from the Nigerian Exchange (NGX), a pullback heavily influenced by concerns over the newly implemented T+1 trade settlement cycle. Consequently, foreign participation in May plummeted to its lowest level since Mar...
Editor | Jul 07, 2026
Markets
Dangote Cement slump erases N4.23trn from Aliko’s net worth
A sharp bearish wave on the Nigerian Exchange Limited (NGX) has wiped approximately N4.23 trillion off the equity portfolio of Africa’s richest man, Aliko Dangote, in just 24 trading days to July 3....
Editor | Jul 06, 2026
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