Emerging Markets

Dangote plans ship acquisitions to beat Nigeria’s export vessel shortage

Africa’s richest man could not find a single ship to transport just 1,000 tonnes of his cement from Nigeria to read more Dangote p…

Foremost Capital secures BBB+ rating as asset base, earnings strengthen

Foremost Capital Limited has secured a BBB+ credit rating from DataPro, an independent Nigerian credit-rating and compliance consu…

Baseline Media Targets Premium Entertainment Market With ‘Grown and Sexy’

Baseline Media and Entertainment is set to enter Nigeria’s premium entertainment and lifestyle market with the launch of ‘Grown an…

Ghana tightens gold exports, orders local refining from September

Ghana will require artisanal gold bought by self financing aggregators to be refined locally before it can be exported from read m…

FG links Carter Bridge failure to detached piles, corrosion, illegal mining

The Federal Government has attributed the failure of Lagos’ Carter Bridge to detached piles, significant corrosion, inadequate mai…

Ghana to ban export of unrefined artisanal gold from September 1

Ghana will ban the export of unrefined artisanal gold dore purchased under approved off-take arrangements from September 1, 2026, …

REITs vs OMO bills, where should Nigerian investors put their money?

With the Central Bank of Nigeria reopening Open Market Operations (OMO) securities to individuals, companies and non-bank financia…

Presco faces earnings pressure despite expansion plans

Presco Plc’s near-term earnings are facing pressure from stagnant revenue growth, higher operating costs and an increase in its nu…

Linda Quaynor makes history as first female UBA Ghana board chair

Linda Naa Dzama Quaynor has made history at United Bank for Africa (UBA) Ghana after being appointed the bank’s first read more Li…

Nigerian tycoon Tony Elumelu set to earn another $14.45m from Seplat Energy dividend

Nigerian billionaire businessman Tony Elumelu is set to receive another $14.45 million from Seplat Energy this week, taking his to…

Lagos Angel Network seeks to make local investors the first backers of Nigerian startups

Lagos Angel Network is pushing to make Nigerian investors the first source of capital for the country’s early-stage startups, as r…

Nigeria, Ghana become MTN’s cash engines, sending R9.3bn to Group in H1 2026

Nigeria and Ghana are becoming increasingly important to MTN Group’s financial engine, sending R9.3 billion to the telecom giant i…

The profit illusion: Why Nigeria’s corporate billions aren’t making Nigerians richer

The profit illusion: Why Nigeria’s corporate billions aren’t making Nigerians richer The post The profit illusion: Why Nigeria’s c…

Nigeria’s FX market hits 2026 high of $5.06 billion, Spot trades cross $5 billion mark

Nigeria's foreign exchange market posted its strongest weekly turnover so far in 2026, with total transactions in the FX Spot and …

These investors own 46% of the entire market value of the NGX

Major shareholders in ten of Nigeria’s largest listed companies hold stakes worth an estimated N73.11 trillion, highlighting the s…

These 10 investors own 46.18% of the NGX’s N158.33 trillion market capitalization

Investors with controlling or significant stakes in ten of Nigeria’s largest listed companies hold shares with an estimated combin…

Lagos Govt says it paid N168.2 Billion to over 48,000 retirees in 19 years

The Lagos State Government has paid a cumulative N168.2 billion to over 48,000 retirees under the Contributory Pension Scheme sinc…

How Savinho’s £75m arrival could boost Spurs’ Premier League title hopes

Tottenham Hotspur’s £75 million signing of Brazilian winger Savinho from Manchester City could provide a major boost to the club’s…

Top 10 African countries with the cheapest diesel prices in August 2026

Diesel prices vary significantly across African countries, reflecting differences in fuel subsidies, taxation, domestic refining c…

Niger hands seized uranium mining permit to state company in fresh blow to France’s Orano

Niger’s military government has transferred a major uranium mining permit previously held by French nuclear company Orano SA to st…

NGX correction deepens as investors lock in gains after record run

The NGX All-Share Index (ASI) settled below the 240K mark, maintaining massive year-to-date (YTD) gains of 54% at present. The pos…

Zambia bond auction swings from undersubscribed to 37% oversubscribed after election

Zambia’s borrowing costs fell sharply at its first local currency bond auction since President Hakainde Hichilema secured a second…

Dangote Refinery drives 767% surge in Nigeria’s petroleum exports to Europe

Nigeria’s seaborne refined petroleum exports to Europe surged by about 767% to 130,000 barrels per day (b/d) in the second quarter…

Nigeria is the second most targeted country in Africa for cyber attacks. Most business owners are still not taking it seriously

In June 2026, organisations across Nigeria faced an average of 4,361 attempted cyberattacks every single week. That figure, publis…