Monday, July 20, 2026
Meristem sees June inflation edging up to 15.95% on food price pressures
Inflation is expected to edge higher in June despite easing energy costs, with analysts at Meristem Research forecasting that persistent...
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UAE’s $406bn assets lender, FAB takes bite of Africa with SA entry
United Arab Emirates (UAE) banking giant First Abu Dhabi Bank (FAB) is poised to make a major push into Africa's...
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Africa in $30bn grid race as Nigeria power crisis stalls industrialisation
Heavy dependence on private power generation Operates 40GW of off-grid generator capacity Electricity reliability deficit at $48bn Economy loses...
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South-East governors post increased external borrowing of $523.72m – report
The five South-East governors went on external borrowing spree accumulating in two years a total of $534.72 million between 2023...
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Nigeria’s $600m palm oil import bill reveals a bigger investment opportunity
Nigeria's palm oil industry is simultaneously one of the country's biggest agribusiness success stories and one of its most persistent...
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IMF sees Nigeria weathering global uncertainty on reform gains
Nigeria is expected to remain one of Sub-Saharan Africa's stronger-performing economies despite escalating geopolitical tensions and a weakening global economy,...
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Climate change puts Nigerian banks’ asset quality at risk — Fitch
Nigerian banks face mounting long-term risks to their loan portfolios as climate change and the global transition away from fossil...
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Dangote to use cash flow, bonds, IPO to fund proposed $17bn Kenya refinery
Aliko Dangote, key business tycoon and Africa's richest man plans to source finance for his proposed $17 billion Kenya refinery...
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FUGAZ banks face interesting outcomes post CBN FHC draft
Access Holdings, UBA, Zenith Holdings win big UK seen as profit engine for banks 2025 numbers show "UK +...
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Price rigidity leaves Nigerians waiting for petrol relief
Petrol slightly cheaper, but little else is Cost of living crisis continues in households Economist blame institutional weakness Nigeria...
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