Emerging Markets

Fitch raises Tanzania outlook to positive on stronger reserves, growth

Fitch Ratings has revised Tanzania’s sovereign credit outlook to positive from stable, citing stronger foreign exchange reserves, …

CBN’s 20% OMO yield comes with a reinvestment problem

Nearly N5 trillion chased N600 billion of Central Bank of Nigeria bills in a single auction, highlighting investors’ appetite for …

Fidelity Bank secures NGX approval to delay H1 2026 results filing

Fidelity Bank Plc has obtained approval from the Nigerian Exchange Limited (NGX) to extend the deadline for the publication of its…

Afreximbank profit jumps 30% in H1 on higher lending

The African Export-Import Bank (Afreximbank) recorded a 30 percent increase in net income to $534.7 million in the first half read…

MTN Group approves $375 million buyback as H1 profit momentum strengthens

MTN Group has announced a R6 billion ($375 million) share repurchase programme as the telecommunications giant reported strong ear…

Greenwallet solves the naira card problem costing nigerians every time they shop online

There is a specific frustration reserved for the moment a Nigerian tries to pay for something online and watches the transaction f…

NFIU reveals how terror financiers bypass BVN-SIM tracking to hide money trails

The Nigerian Financial Intelligence Unit (NFIU) has revealed that terrorist financiers are using pre-registered SIM cards and bank…

Dangote Refinery’s free fuel delivery expands to Kano, Imo and nearly 10 more states

Dangote Petroleum Refinery & Petrochemicals has expanded its free petroleum product delivery initiative to Kano, Imo, Anambra …

Developer raises investor confidence with 100 acres allocation at Cocoa RepubliQ

GestPoint Nigeria Limited, a Lagos-based real estate development and investment company, has raised investors’ confidence with the…

Mixta Africa hails FG’s housing reform, canvasses sustainable construction finance

Mixta Africa, a pan-African real estate development company, has hailed the federal government’s (FG’s) planned housing sector ref…

Opportunity calls as rent growth strengthens case for more investments

Opportunity is beckoning for investors with patient capital to invest more in larger residential assets as continued rent growth i…

Protecting a lifetime of savings: why Nigeria needs retirement vulnerability checks

A recovered ₦42.5 million in Kaduna, a £2 million ban in London and a Federal Court declaration in Melbourne all point to the same…

Nigeria’s external reserves surge $7.09 billion YTD to hit $52.66 billion

Nigeria’s external reserves have grown by $7.09 billion since the beginning of 2026, reaching $52.66 billion as of August 19, acco…

Vitafoam’s N21.2bn profit, innovation earn top 50 impact recognition

Vitafoam Nigeria Plc has been named among Nigeria’s Top 50 Companies of Impact 2026, in recognition of its contribution to read mo…

FCSL launches InvestEd+, turning market literacy into habit

New mobile app pairs live NGX market data with demo trading, a plain-language glossary, and a video learning library, built for in…

Killing of APGA supporter ahead 2027 polls raises political tension in Ebonyi

…Party suspects foul play, says deceased was hale and hearty The death of an elderly supporter of the All Progressives read …

CITN to train six undergraduates in Rivers’ tertiary institutions annually – District Chair

As part of efforts to deepen knowledge about tax arbitration, administration and governance in Rivers State and Nigeria, the Port …

Africa’s 10 busiest airports account for 8.35 million seats in August

Africa’s 10 busiest airports accounted for a combined 8.35 million scheduled departing seats in August 2026. The post Africa’s 10 …

The government should stop funding sports

Nigeria should stop pretending that pouring public money into sports is the same thing as developing sports. It is not. read more …

The birth of self-regulation in the Nigerian banking system and the dangers lurking ahead

Banking is one of the few businesses in which failure rarely affects only the owners of the business. When a read more The birth o…

Afreximbank profit jumps 30% to $535 million as lending swells

The African Export-Import Bank (Afreximbank) has reported a net income of $534.7 million for the first half of 2026, representing …

Xiaomi puts 7,500mAh battery, 45W charging at heart of Redmi 17 Nigeria strategy

Xiaomi is putting battery life at the centre of its latest push in Nigeria’s competitive smartphone market, with the upcoming read…

FiberOne expands to seven Nigerian states, steps up community investment

FiberOne Broadband is expanding its internet services to seven more Nigerian states as the internet service provider combines netw…

Naira outlook brightens as US dollar index nears 5-month low

Nigerian Naira's strengthening prospects continue, supported by Nigeria's macroeconomic fundamentals improvement and the global de…