Emerging Markets

May & Baker disowns fraudulent investment scheme, warns investors

May & Baker Nigeria Plc has distanced itself from a fraudulent investment scheme being promoted in its name. The post May &#0…

BREAKING: FMDQ turnover hits N426.51 trillion in seven months as OMO, FX drive activity

The FMDQ Exchange recorded N426.51 trillion ($310.18 billion) in total market turnover between January and July 2026, driven by st…

Emzor Pharma funding lists N26.70bn bond on FMDQ Exchange to support healthcare sector

FMDQ Securities Exchange Limited has approved the listing of Emzor Pharma Funding SPV Plc’s N26.70 billion bond on its platform. r…

FG evacuates 83 more Nigerians from South Africa amid renewed anti-immigrant tensions

The Federal Government has announced the evacuation of another 83 Nigerians from South Africa, with the returnees expected to arri…

NAFEM turnover surges to $1.41 billion, highest in five weeks

Turnover on the Nigerian Foreign Exchange Market (NAFEM) rose sharply to $1.41 billion on August 17, 2026, marking the highest lev…

2027: Obi demands credible polls, urges voters to sanction violators

…Says nobody should die for election Peter Obi, presidential candidate of the Nigeria Democratic Congress.(NDC) has urged po…

FCCPC probes cement makers over possible price manipulation

The Federal Competition and Consumer Protection Commission (FCCPC) investigation has suggested "possible manipulation of prices of…

Dangote Refinery secures $1 billion underwriting programme ahead of IPO

Dangote Petroleum Refinery and Petrochemicals has secured a $1 billion underwriting programme from investors ahead of its upcoming…

Standard Bank eyes stake in OPay ahead of $4 billion US IPO

South Africa’s Standard Bank Group is in talks to acquire a stake in Nigerian fintech company OPay Digital Services ahead of its p…

World Bank: 60% of Africa’s trade costs come from within countries

Africa’s biggest trade obstacles are occurring within countries rather than at the border, with about 60% of total trade costs com…

FCCPC says Nigeria’s cement costs outpace Kenya, Tanzania despite excess capacity

The Federal Competition and Consumer Protection Commission (FCCPC) has flagged possible manipulation of cement prices in Nigeria, …

NITDA warns Zoom users over critical vulnerability that could enable account takeover

Nigeria’s National Information Technology Development Agency (NITDA) has warned Zoom users about a critical security vulnerability…

Uche Montana’s Second Chances debuts with 5.3 million views on YouTube

Nollywood actress and filmmaker Uche Montana has recorded another major digital milestone, as her latest movie, Second Chances, am…

Fortuna Capital Limited positions to redefine wealth management in Nigeria

Fortuna Capital Limited (“Fortuna Capital” or “the Company”), a fund and asset management firm registered and regulated by the Sec…

US faces $3.4bn economic drain, 40,000 job losses

….as global talent shifts The United States (US) may experience $3.4 billion drain from its economy, with 40,000 American jo…

ECOWAS startup awards attract 6,000 applications, finalists to compete for $65,000

More than 6,000 startups from across the Economic Community of West African States (ECOWAS) have expressed interest in the second …

Nigeria’s long road to a ports economic regulator

On August 13, President Bola Tinubu assented to a bill establishing the Nigerian Ports Economic Regulatory Agency (NPERA), bringin…

Regius Capital Report tests whether rising Agricultural Finance Is translating into greater productive capacity

Regius Capital Limited has released a new sector commentary examining how financing into Nigerian agriculture has evolved and whet…

The N5 trillion football economy Nigeria built for foreign giants

The N5 trillion football economy Nigeria built for foreign giants The post The N5 trillion football economy Nigeria built for fore…

AFRICA FINANCE IN BRIEF: Africa’s economy is holding up — but investors remain cautious

Africa’s financial story this week is one of contrasts. Business activity across several major economies strengthened in July, whi…

NFF orders Super Falcons technical crew out

The Nigeria Football Federation (NFF) has directed members of the Super Falcons’ technical crew to step down with immediate effect…

From megawatts to prosperity: Rural electrification in the age of AI

A shift is taking place in the global economy. For much of the past decade, discussions about artificial intelligence centered on …

Jigawa approves N3.4 billion for education, infrastructure development

The Jigawa State Government has approved N3.4 billion for education and infrastructure projects across the state. The post Jigawa …

Dangote Refinery secures $400 million commitment ahead of $5 billion IPO

Dangote Petroleum Refinery & Petrochemicals FZE has secured a $400 million underwriting commitment from investors ahead of it…