The Nigerian equities market has entered a new era of expansion, propelled by a return of global institutional confidence. Leading the charge are heavyweights such as Seplat, GTCO, and Zenith Bank, whose recent rallies have pushed the Nigerian Exchange (N...

Nigeria’s public finances are facing renewed scrutiny after the World Bank warned that a growing share of federation revenues is being absorbed by deductions before funds reach federal, state and local governments, raising fresh concerns about fiscal sust...

Nigerian companies are spending about $850 million annually on foreign cloud services, embedding the country’s fast-growing digital economy into infrastructure located thousands of kilometres away and increasingly exposed to geopolitical risk....

President Bola Tinubu has approved a N3.3 trillion settlement plan to clear power sector debts accumulated over more than ten years, in what his administration is casting as the most decisive intervention yet in a grid that has long frustrated households ...

States across Nigeria are ramping up borrowing despite a surge in allocations from the Federation Account Allocation Committee (FAAC), which has risen by 161 percent in the past three years, raising concerns about fiscal sustainability and the slow pace o...

European energy officials are scrambling for alternative suppliers after strikes on QatarEnergy’s Ras Laffan facility forced the company to declare force majeure on liquefied natural gas contracts with Belgium, Italy, and Poland....

Nigeria’s banks are now bigger than ever, thanks to the sweeping recapitalisation drive by the Central Bank of Nigeria (CBN), which has reshaped balance sheets and strengthened buffers across the industry....

The Federal Government’s latest push to revive Nigeria’s Cotton, Textile and Garment (CTG) sector is facing mounting scrutiny, as industry players warn that persistent insecurity in key cotton-producing states, weak agricultural foundations and a history ...