Saturday, August 29, 2026
Nigerian naira cheap, undervalued by 14% at N360/$, RenCap says
The Nigerian naira, at the adjusted interbank foreign exchange rate of N360/$1, is seen as cheap and undervalued by as...
Read moreDetailsNigerian real estate seen turning the corner on easing inflationary pressure, FX liquidity
Property and estate analysts, as well as stakeholders, have forecast a positive outlook for the Nigerian real estate sector ahead...
Read moreDetailsNigerian retail industry thrives amidst economic recession, experts say
According to the Global Retail Development Index, the Retail market was the 3rd largest contributors to Nigeria’s GDP, while Nigeria...
Read moreDetailsNigeria’s Shoreline, Shell sign $300mn gas deal
Nigerian energy company Shoreline has signed a $300 million agreement with the local unit of Shell to develop gas infrastructure...
Read moreDetailsNigeria’s central bank reviews limits on mobile money transactions, waive BVN for certain wallet holders
Nigeria’s central bank has reviewed daily transaction and balance limits on mobile money wallets in order to afford users of...
Read moreDetailsIs Dangote joining the bidding war for South African largest cement maker?
Unconfirmed reports say Aliko Dangote, Africa’s richest man, is among those considering counter offers for PPC Group Ltd., South Africa’s...
Read moreDetailsNigeria target for Kenyan ride-hailing app, Little, as it plans 2018 fund raising
Nigeria is the target of Kenya's ride-hailing app, Little, as it seeks to attract investors from the United States Silicon...
Read moreDetailsNigeria’s central bank deploys electronic platform for efficient processing of capital investment inflows
Nigeria’s central bank has deployed an electronic certificate of capital importation (eCCI) platform, which it said would enhance transparency and...
Read moreDetailsSchlumberger, world’s largest oil services firm, seen positioning as next oil major
The world’s largest oilfield services company, Schlumberger NV, is spending billions of dollars buying stakes in its customers’ oil and...
Read moreDetailsLNG glut may flip to deficit as U.S. seen becoming biggest producer by 2035
The global glut plaguing liquefied natural gas markets may start to dwindle in five years, threatening to spur a deficit equivalent...
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