Emerging Markets

GENCO Bond Defaults: Credit, Market and Contagion Risks for Investors in Nigeria.

RISK MEMO. Prepared for: Institutional Investors, DFIs, Pension Funds and Asset Managers. EXECUTIVE SUMMARY. Financial distress am…

Falling inflation is not the same as falling prices

Nigeria’s inflation story has changed dramatically over the past year. The country is no longer battling runaway price growth; it …

Oil security becomes key to Nigeria’s $50bn offshore investment push

Nigeria’s drive to attract between $30 billion and $50 billion in offshore oil and gas investments by 2030 is placing read more Oi…

Shipowners, lenders to tackle financing barriers at SCAN maritime summit

Nigeria’s struggle to build a competitive indigenous shipping fleet will take centre stage in October when shipowners, regul…

Naira rises after CBN removes FX, securities restrictions on discount window

The naira on Thursday gained further against the dollar in the official foreign exchange (FX) market after the Central Bank read m…

WORLD IN BRIEF: Boeing to pay $29m to crash victim’s family, Romania shuts nuclear plant, Ukraine offers Black Sea truce and other stories

Romania shuts only nuclear plant as low Danube levels disrupt power supply Romania has shut down the second reactor at read more W…

BusinessDay 14th Aug 2026

CBN reopens OMO to retail investor’s for first time in 7yrs as election spending threatens inflation

Nigeria’s central bank is turning to a market it locked individuals out of seven years ago as a fresh line read more CBN reo…

Inflation seen easing further to 15.51% in July

BusinessDay’s economists project that Nigeria’s headline inflation will ease to 15.51 percent in July, dropping from the 15.…

BusinessDay forecast sees inflation easing to 15.51% in July

BusinessDay’s inflation economists project that Nigeria’s headline inflation will ease to 15.51 percent in July, dropping fr…

EFCC urged to probe alleged $300m investment claim against Nigeria

A faction of JonahCapital Nigeria Limited has asked the Economic and Financial Crimes Commission (EFCC) to investigate a claim tha…

Leicester City owners put club up for sale for £200m

Leicester City’s Thai owners, King Power, are reportedly seeking more than £200 million for the English football club as they read…

FG set to roll out 10,000 E-vehicles, charging stations across six states

… assembly plants will provide skills dev, enterprise for youths – Alkali   The Federal Government, through the N…

Tinubu presses NUPENG to pass CNG fare cuts to commuters, defends subsidy removal

President Bola Tinubu met with the leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) at the read more …

NGX loses N613 billion as Unilever, consumer goods stocks extend market selloff

The Nigerian equities market extended its losing streak on Thursday, August 13, 2026, as continued selling pressure in consumer go…

FG orders airlines, aviation agencies to agree on TSC repayment plans within one week

The Federal Government has given airlines one week to agree repayment plans for outstanding Ticket Sales Charges (TSC) owed to avi…

Fortis Global Insurance appoints Umar Faruk Umar, Ufuoma Ibru to Board

Fortis Global Insurance Plc has appointed Dr. Umar Faruk Umar and Mr. Ufuoma Ibru to its Board of Directors as Independent Non-Exe…

Anambra eyes green economy as erosion, waste challenges drive new climate resilience push

Anambra State is seeking to turn its worsening erosion, flooding and waste-management challenges into opportunities for investment…

TeamApt gains direct Mastercard network access in strategic payments expansion

TeamApt Limited, a subsidiary of Moniepoint Inc., is expanding its position in Africa’s digital payments market after entering a s…

FG moves to turn Nigeria’s Startup Act into funding, tax and export gains for founders

…Pushes 15 agencies to unlock incentives The Federal Government is moving to turn Nigeria’s Startup Act from a legal framewo…

Money without borders: Theparkpay Technologies Limited opens its cross-border rails to the world

Theparkpay, leading cross-border payment company, has unveiled its latest digital application. The post Money without borders: The…

FGN bonds: DMO cuts August offer to N1.1 trillion after N1.74 trillion July demand

The Federal Government has offered N1.1 trillion in FGN bonds for August 2026, lower than the N1.2 trillion offered in June when i…

NAICOM confirms seven more insurance companies have met capital requirement

The National Insurance Commission (NAICOM) says seven additional insurance companies have been verified for the minimum capital re…

Nigeria’s trillion-dollar target has a demographic data problem

Nigeria’s trillion-dollar target has a demographic data problem The post Nigeria’s trillion-dollar target has a demographic data p…