Friday, August 21, 2026
Nigeria’s capital import tumbles down 74.03% y/y to $1.46bn in Q3’20
By Charles Abuede But up 12.86% from $1.29bn in Q2’20 Nigeria, Africa’s largest economy, saw its capital importation...
Read moreDetailsAgip runs into headwinds with Ijaw youths over disregard of Nigeria’s local content laws
Agip, the Nigerian affiliate of Italian international oil company (IOC), Eni, appears to have run into another headwinds with its...
Read moreDetailsAfrica losing out in $3.5trn global SEZs market on infrastructure, finance, institutional gaps
Africa is losing out from not fully participating in a $3.5 trillion global Special Economic Zones (SEZs) market as a...
Read moreDetailsNew African Stock Exchanges linkage project targets $1trn market capitalization
Exchange to represent continent’s 90% equity market To create seamless trading platforms across continent A new African...
Read moreDetailsIt’s too much! Businesses cry out over
By Charles Abuede High inflation Naira depreciation High interest rates Poor demand Poor power supply A very volatile business environment...
Read moreDetailsCovid-19 knocks Africa’s $24.4bn private equity fund industry
Industry raise $1.1bn in funds in 2020, with 81 deals worth $700m in H1 Nigeria’s 73% of W/Africa’s $10.7bn...
Read moreDetailsCBN’s new guidelines permit HoldCos as MMOs, subsidiaries as defined entities
By Charles Abuede Says only MMOs are permitted to hold customer funds New framework will promote credible and strong...
Read moreDetailsInvestors bearish as Nigeria bourse maintains losing streak
By Charles Abuede Selling pressures intensify across market bellwethers Banking index slumps 4.14% on investors’ bearish stance Naira recovery continues,...
Read moreDetailsCCA features Okonjo-Iweala at launch of U.S.-Africa Health Security and Resilience Initiative
By Zainab Iwayemi The Corporate Council on Africa (CCA) is set to feature Okonjo-Iwaela, Africa’s leading candidate for the...
Read moreDetailsNNPC presses on for $10pb production benchmark in pursuit of cost efficiency
By Onome Amuge Confident oil to be in energy mix till 2050 The Nigerian National Petroleum Corporation (NNPC) is...
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