How Nigerian banks, African peers compare on six key indicators
The European Investment Bank published its assessment of African banks last week, using its "Financing in Africa Survey 2023," to provide insights into the...
Nigeria falls big on private capital. South Africa, Kenya, Egypt soar
Private capital investment in Nigeria fell significantly in 2022, the same year competing African nations of Kenya, South Africa and Egypt saw huge growth,...
Erisco doubles down, threatens customer over tomato review
Tomato maker Erisco Foods Ltd. has refused to back down from its controversial decision to go after a customer over an unfavourable review of...
Looming Nigeria strike poised to be NLC, TUC’s biggest in years
Nigeria’s major labour unions appear prepared for their most sweeping and disruptive strike in years, with workers told to stop work indefinitely from Oct....
Naira sinks to long-feared black market rate of 1,000 to dollar
The naira fell to a new record low of 1,000 to a dollar on the parallel market on Tuesday, traders said, driven by speculation...