Nigeria’s oil and gas sector has long been the backbone of government revenue and foreign exchange, but investors on the Nigerian Exchange (NGX) are increasingly shunning its listed companies.
The divergence is stark: while crude prices have stayed relatively firm globally at an average of $65
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
