November 14, 2022
Nigeria: Nigeria's Capital Market Has Positive US Dollar Returns in September
Only Nigeria had positive US dollar returns of 9.0 per cent Year to Date in Top 30 companies in West Africa Read more »
November 04, 2022
Nigeria: Central Bank to Redesign Higher Denominations Naira Notes
In theory, a redesign begins with a problem. Read more »
October 26, 2022
Africa: Kenya, Nigeria, SA Lead Fintech Growth As Sector Sees Massive Expansion
Mastercard has released a new study that indicates that fintech startups in Africa grew 81 per cent in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the… Read more »
October 25, 2022
Nigeria: Nigeria Elections 2023 - Bola Tinubu Targets Blockchain, Taxation and Oil
Bola Tinubu outlined his vision before the Nigeria elections 2023 in an 80-page policy paper released by President Muhammadu Buhari at a lavish ceremony on October 21, 2022. Read more »
October 19, 2022
Nigeria: Survey Suggests Surprise Candidate Leads the Race in 2023 Presidential Poll
In the run-up to Nigeria's presidential elections in 2023, the electorate confronts the challenges of soaring inflation, a plummeting currency and prevalent insecurity. Read more »
October 13, 2022
Nigeria: Geregu Power Becomes First Energy Company to List On NGX
Nigeria currently generates roughly 4,500MW peak despite having an installed power generation capacity of over 12,000MW. Read more »
September 28, 2022
Nigeria: Kenya Breweries Limited MD John Musunga Appointed Guinness Nigeria CEO
KBL Managing Director John Musunga has been appointed the Managing Director and Chief Executive Officer of Guinness Nigeria PLC, a Diageo subsidiary Musunga will officially start… Read more »
Nigeria: The Transformative Effects of the Petroleum Industry Act On the Oil and Gas Industry
In 2019, the oil and gas industry was responsible for around 5.8% of Nigeria's real GDP, 95% of its foreign currency profits, and 80% of its budgetary income. Read more »
Nigeria: Ethiopian Airlines to Own 49% Stake in New Nigeria Air
The chosen bidder for shares in the new Nigerian airline, Nigeria Air is a consortium led by Ethiopian Airlines, the nation's aviation minister, announced Friday, 23 September… Read more »
September 20, 2022
Nigeria: Shelter Afrique Approves U.S.$ 19.5 Million Credit Line to Nigerian Firm for Affordable Housing
Shelter Afrique has extended a USD19.5 million line of credit to Lagos-based real estate firm Mixta Real Estate PLC The 7-year facility with a moratorium of 24 months has been… Read more »
September 18, 2022
Africa: Three Countries Possess Over 50% of Continent's Total Wealth
As per this year's Africa Wealth Report issued by UK investments consultancy firm Henley & Partners in collaboration with South African wealth intelligence business New World… Read more »
September 14, 2022
Africa: Dangote Attends Ruto Inauguration - Is It Time for Cement Factory in Kenya?
In 2017, Africa's richest man Aliko Dangote, registered two companies in Kenya planning to produce cement in Nairobi and Mombasa. Read more »
September 13, 2022
Africa: Google U.S.$3.9 Million Fund for Tech Startups to Export Technologies
A US$3.980 million (Sh479.2 million) fund will help 60 black-founded African firms so they may export their technologies outside their nations, including 12 in Kenya. Read more »
September 07, 2022
Ghana: Uber Expanding in 8 More Cities Across Kenya, Nigeria and Ghana
Uber is expanding into eight more cities across Kenya, Nigeria and Ghana and raising its safety measures The company announced that it will now be operational in Owerri and Akure… Read more »
July 02, 2022
Africa: Unlocking Africa's Gas Riches - Nigeria-Morocco Gas Pipeline a Game Changer
Africa has been hailed as the next frontier in the provision of global oil and natural gas resources, especially now in the wake of the ongoing Russia-Ukraine war. Read more »