Heineken Lokpobiri, Minister of Petroleum Resources (oil) has announced that the recent asset divestments by International Oil Companies have unlocked over $5.5 billion in Final Investment Decisions (FIDs) within months. ...

Nigerian banks are losing ground in the digital payments race, with revenue from electronic business channels declining by 3.7 percent in the first half (H1)...

Nigeria’s fintechs are drawing renewed confidence from local and global investors, with billions of dollars flowing into startups that are building digital payment systems, cross-border platforms, and enterprise solutions for Africa’s rapidly digitising e...

Sixty-five years after Independence, Nigeria’s manufacturing sector remains trapped in underperformance, with experts warning that decades of reliance on import-dependent industrialisation...

Sixty-five years after independence, Nigeria is still searching for the prosperity that freedom was meant to deliver. In 1960, oil wealth, fertile land, and a young population gave it an edge over China and Indonesia, then poorer and politically fragile....

Africa’s venture capital firms (VCs) are increasingly taking the lead in funding rounds, marking a shift to greater local involvement in the continent’s rapidly expanding startup ecosystem....

Retiree annuity hit a record high in uptake in the first quarter (Q1) 2025, surpassing programmed withdrawal for the first time since the Pension Reform of 2004....

Debt is reshaping startup financing in Africa, offering founders faster capital and ownership retention, but experts caution that the rising reliance on loans can undermine innovation if not balanced with equity....