Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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BusinessDay 20th Aug 2026
read more BusinessDay 20th Aug 2026
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Nigerian billionaires lose $2.3bn in one day as stocks hit six-week low
Four Nigerian billionaires lost a combined $2.25 billion in estimated wealth on Wednesday as investors took profits after a strong…
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Universal Insurance faces N13.6bn wipeout after Nigerian regulator revokes licence
The revocation of Universal Insurance’s operating licence by Nigeria’s regulator shifts the listed entity from a going concern to …
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Truck queues swell at Dangote Refinery as marketers chase cheaper diesel
Heavy truck traffic has returned to the gates of Dangote Petroleum Refinery, as fuel marketers rush to secure products at read mor…
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Nigeria’s late budget reports raise fiscal transparency concerns
Nigeria’s federal government has repeatedly breached statutory deadlines for publishing quarterly budget performance reports, with…
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Galatasaray reject €150m Al-Hilal bid, €50m salary for Osimhen
Galatasaray have reportedly rejected a €150 million offer from Saudi Pro League giants Al-Hilal for Nigerian striker Victor Osimhe…
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BREAKING: Geregu Power pays N6 billion owed investors on N40.09 billion bond
Geregu Power Plc has paid the sum of N6 billion (N6,026,093,363.1) owed to investors on its N40.09 billion Series 1 Senior Unsecur…
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Geregu Power pays N6 billion owed investors on N40.09 billion bond
Geregu Power Plc has paid the sum of N6 billion (N6,026,093,363.1) owed to investors on its N40.09 billion Series 1 Senior Unsecur…
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Borno govt receives cholera, reproductive kits from Plan International
The Borno government has received life-saving cholera and reproductive kits worth millions of naira, donated by Plan International…
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States now better funded under Tinubu, Sokoto Governor Aliyu affirms
… assure President of re-election victory in 2027 Sokoto State Governor, Ahmed Aliyu, said state governments are now better …
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Experts urge Nigeria to maximise China’s zero tariff access
China’s zero tariff policy for African products has opened a major opportunity for the continent to expand exports, but experts re…
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FG expands Lagos power grid with installation of 8 transformers across four transmission substation
The Federal Government has moved to resolve critical transmission bottlenecks in Nigeria’s commercial capital, commissioning eight…
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FMDQ Exchange secondary market turnover rises by 41.23% to N63.64trn
The secondary market turnover on FMDQ Exchange in July 2026 was N63.64trillion. This amount represents a month-on-month (MoM) incr…
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Chams makes N7.7 billion from cards, biometrics services as H1 profit rises
Chams Holding Company Plc generated N7.7 billion from the supply of cards and biometrics-related services in the first half of 202…
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Atiku challenges Tinubu to account for N30trn subsidy windfall
Atiku Abubakar, presidential candidate of the African Democratic Congress (ADC), has challenged President Bola Tinubu to account f…
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How Nigeria can convert energy ambition into bankable projects to attract capital
Stakeholders in Nigeria’s energy sector have said that moving from broad policy declarations to project-level preparation is…
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NGX sheds N555 billion as Aradel plunge deepens seven-day market slide
The Nigerian equities market extended its decline on Wednesday, August 19, 2026, with the All-Share Index (ASI) falling for a seve…
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2027: Utomi-led group to facilitate single opposition candidate against Tinubu, livestream polling units
The Big Tent and Movement for Credible Elections (MCE) under the leadership of Pat Utomi, a professor of political economic read m…
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Football’s transfer wars: Contract tapping, player poaching and FIFA’s quest for stability
Introduction Professional football has evolved into a multi-billion-dollar global industry in which player contracts are among a c…
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FG defends First Abu Dhabi bank deal, says loan will refinance expensive debt
…FG to draw First Abu Dhabi Bank loan in phases to minimise costs – Oyedele Taiwo Oyedele, minister of finance read more FG …
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AFRACA-NIRSAL masterclass builds financial institutions capacity for climate, AI-driven agricultural finance
The African Rural and Agricultural Credit Association (AFRACA), in collaboration with NIRSAL Plc and other partners, has convened …
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Nigeria needs private capital to close infrastructure gap- AltBank
Nigeria cannot fund its infrastructure needs through public budgets alone, The Alternative Bank has said, urging stronger private-…
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Banks may be liable for freezing customers’ accounts without verifying the directives of law enforcement agencies
    NPG EVENT, GARDENS & PARKS LTD v. ZENITH BANK PLC COURT OF APPEAL (BOLA; KWAHAR; ONWOSI, JJ.CA) read more Banks …
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Nigeria spends N4.14 trillion more on debt service than infrastructure
Nigeria incurred N10.61 trillion in additional debt-service costs between June 2023 and December 2025, about N4.14 trillion more t…