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Briefings on the Margin
All that glitters is state property
Accra has decided that large-scale mining companies must hand over 30 per cent of their gold production from July. The State-owned Gold Board will pay for these doré gold bars in local cedis, kindly offering a tiny discount of less than one per cent again...
Hek
Aradel’s Family Affair: Insider Buying Spree Tests Nigeria’s Market Discipline
As the trading floor of the Nigerian Exchange (NGX) bustles with deals, shares of oil and gas firms steal the limelight. In this scene, Aradel Holdings Plc (Aradel) has risen as a showpiece of the country's developing capital markets. ...
Editor | Dec 03, 2025
Tipping Point
Tinubu’s Push For $1 Trillion Economy: Courting Disinflation and Betting on Growth
Nigeria has repeatedly been viewed, and rightly, as a country of huge but unfulfilled potentials. Blessed with untold oil and solid mineral wealth and peopled innovative and energetic population, the country fumbles through self-inflicted cycles of policy...
Editor | Nov 19, 2025
HEK
Duopoly Dial-Up: MTN, Airtel Forge a Hegemony in Nigeria’s Telecoms
It is close to sunset in the protracted hustle for Africa’s telecoms subscribers, and this is more evident in Nigeria more than anywhere else. In Africa’s leading economy, MTN Nigeria and Airtel Africa now clutch more than 85 per cent of the market,...
Editor | Nov 17, 2025
YSoT
Building Nigeria and Africa from the ground up: Ethics, skills, innovation, and original thinking
This week at the Yaba School of Thought, five essays explored the challenges and opportunities shaping Nigeria and Africa’s future. From healthcare ethics to education, digital innovation, and intellectual rebellion, the common thread is clear: transforma...
Editor | Nov 15, 2025
Briefings on the Margin
Wafa Wagers on Cairo
Moroccan financial group Wafa Assurance has completed its acquisition of Delta Insurance in Egypt. The deal, worth about $67 million (₦98bn), gives Wafa a 63.4% stake in the Cairo-listed insurer. Wafa, which is part of Attijariwafa Bank,...
Editor | Nov 14, 2025
Briefings on the Margin
In the grand theatre of global commerce, ships power the world
Let us applaud the grand theatre of global commerce. Therein, nations barter their abundance for their scarcities, and the oceans serve as the stage for the unfolding drama of enterprise. The invisible scaffolding holding up the stage is the colossal vess...
Editor | Nov 12, 2025
Tipping Point
The Ghost in the Machine: Edo’s $250 Million Investment Mirage Breaks Trust
The world of emerging-market investments is mostly labyrinthine, with phantoms often posing as treasures. And so it was that when Governor Monday Okpebholo announced on September 25th that his administration had sealed a $250 million investment deal from ...
Editor | Nov 12, 2025
Hek
NNPC's Dangote U-turn: A stake in Africa's self-sufficient refining future
The Nigerian National Petroleum Corporation (NNPC) recently disclosed that it wants to return to its original 20 per cent equity portion in the $20 billion Dangote refinery, Africa's largest. ...
Editor | Nov 10, 2025
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