Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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Food inflation hits 20.31% in July 2026, highest since September 2025
Nigeria’s food inflation rate rose to 20.31% year-on-year in July 2026, marking its highest level since September 2025 despite a f…
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Food inflation hits 20.31% in July, highest in 10 months
Nigeria’s food inflation rate rose to 20.31% year-on-year in July 2026, marking its highest level since September 2025 despite a f…
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Dun Tianrui wants to take wind power into the sky
At a time when the global energy industry is searching for cheaper and more flexible sources of clean electricity, Dun read more D…
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AI-enabled breaches push average damage cost to $6.04m as Digital Encode launches autonomous cybersecurity platform
AI-enabled cyber breaches are becoming more expensive and more common, with the average incident now costing organisations $6.04 m…
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Why a Lagos payment to Nairobi still travels through New York and the startup trying to change that
A Lagos importer paying a supplier in Nairobi can send money between two African commercial centres, yet the payment may read more…
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Naira strengthens to N1,350/$, strongest level since April
The naira strengthened to N1,350 per dollar on August 17, 2026, its strongest closing level since April 22, as the currency contin…
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Passing or failing the evidence test
Imagine walking into your finance director’s office to request approval for a ₦2 billion investment and saying, “I don…
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Picketing: Lessors, creditors apprehensive over uncertainties in Nigeria’s aviation industry
Reports about the picketing of Air Peace operations last week by aviation unions have triggered skepticism and apprehension among …
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BusinessDay 18th Aug 2026
read more BusinessDay 18th Aug 2026
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Copyright reform must reward the entire creative chain, not just the stars
Nigeria’s creative economy has every reason to celebrate the proposed copyright levy reform that will direct 50 per cent of …
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Smart money in a booming Nigerian market
Every year, thousands of eager investors pour their hard-earned savings into the Nigerian Exchange with the dream of turning a rea…
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Rising food prices weaken Nigeria’s disinflation gains
Nigeria’s headline inflation eased consecutively in July, but a sharp acceleration in food prices is complicating the country’s di…
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Geregu Power stock freezes at 52-week low amid bond default and rating withdrawal
Nigeria’s first corporate bond default in seven years has triggered a rating withdrawal and severe valuation losses at Geregu Powe…
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High taxes and FX risks push intra-African airfares above long-haul European rates.
Exorbitant government levies, foreign exchange risk premiums, and limited carrier competition are driving intra-African ticket pri…
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South Korea reclaims top global stock market spot as Nigerian rally pauses
South Korea’s Kospi has retaken the title of the world’s best-performing stock market from Nigeria, highlighting the divergent dri…
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Chevron strikes major oil, gas condensate discovery offshore Angola
Chevron has made a major oil and gas condensate discovery offshore Angola, with its latest exploration well encountering more than…
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Nigerian equities extend bearish run for fifth straight session, lose N106.24 billion
The Nigerian equities market extended its bearish trajectory into a new week on Monday, August 17, 2026, with the benchmark NGX Al…
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Tangerine Life Insurance Limited has met the recapitalisation requirements prescribed by the National Insurance Commission (NAICOM)
Tangerine Life Insurance has further strengthened its reputation as one of Nigeria’s most reliable life insurance providers, deliv…
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Zulum approves promotion benefits, leave grants for civil servants
Governor Babagana Zulum of Borno State has approved the immediate implementation of promotion salaries and payments of leave grant…
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FG to deploy 3,700 telecom towers from October to connect 20m Nigerians
The Federal Government is set to begin the deployment of about 3,700 telecommunications towers across underserved communities in N…
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Femi Otedola increases First HoldCo stake with N20.7bn share purchase
…cementing dominant position Femi Otedola, billionaire investor and chairman of First HoldCo Plc, has further cemented his d…
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United Nigeria Airlines pledges N20m to fund Chinua Achebe Prize for Fiction for 10 yrs
United Nigeria Airlines has pledged N20 million to sponsor the prestigious annual Chinua Achebe Prize for Fiction, administered b…
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TCN boosts Lagos power capacity with two transmission projects
The Transmission Company of Nigeria (TCN) has increased bulk power capacity around the Apapa corridor with the commissioning of tw…
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Abuja Flooding: Wike blames scavengers as Master Plan faces review
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has linked recent flooding in Abuja to damage caused by scavenge…