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Markets
Nigerian corporates crowd Commercial Paper as IPO market freezes
With the primary equities market experiencing a prolonged chill, Nigerian corporate issuers are aggressively shifting their gaze toward the short-term debt capital market....
Pensions
PFAs retreat from govt securities in hunt for higher returns
Pension Fund Administrators (PFAs) are retreating from government securities and diversifying to other assets that promise them higher returns....
Editor | May 06, 2025
Economy
BDCs recapitalisation to edge out fringe players
Fringe operators within the Bureau De Change (BDC) sub-sector are poised to be edged out by next month as the deadline for the recapitalisation of retail bureaux steadily approaches on June 3, 2025....
Editor | May 06, 2025
AFDB Election
Tah time: Mauritanian contender for AfDB’s top job to unveil vision
Sidi Ould Tah, Mauritania’s candidate for the African Development Bank (AfDB) presidency, will lay out his policy vision on Tuesday, May 6, during a press...
Editor | May 05, 2025
NNPC
How AGF report, refinery scandal ended Kyari's reign
In one month, Mele Kyari has moved from the all-powerful figure who decided who got billion-dollar pipeline deals as group chief executive officer to a man suspended ...
Editor | May 05, 2025
Oil & Gas
Oil majors book lower Q1 profits on weaker crude prices
Oil companies are braced for a toughest year since the coronavirus pandemic as lower crude prices squeezed their 2025 first-quarter (Q1) profits....
Editor | May 05, 2025
Economy
CBN cuts Ways & Means by 59% in boost for reforms
The Central Bank of Nigeria (CBN) has slashed its Ways and Means advances to the federal government by 59 percent, a move that signals a shift towards fiscal and monetary discipline....
Editor | May 05, 2025
Startups
Aruwa Capital eyes $50m fund to boost checks for women‑led startups
Women entrepreneurs in healthcare, fintech, clean energy and essential consumer goods are in line for bigger checks in growth investments from Lagos-based Aruwa Capital Managemen...
Editor | May 05, 2025
Trade
Africa’s costly paradox: When trade defies geography, logic
In a continent of abundant resources, fertile soil, and bustling rivers, it should be easy to feed, clothe, and sustain Africa’s populations through regional trade and local production. ...
Editor | May 04, 2025
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