Emerging Markets

Vodacom reshuffles board as former Airtel Africa CEO Segun Ogunsanya joins

Vodacom Group has announced major changes to its board, including the appointment of Segun Ogunsanya, former Airtel Africa CEO as …

CBN lifts FX, bond restrictions on banks accessing discount window

The Central Bank of Nigeria (CBN) has removed restrictions that prevented banks from accessing its Standing Lending Facility (SLF)…

Business leaders see Nigeria attracting more UAE investment as reforms strengthen

As Nigeria steps up its domestic financial overhauls and structural transformations, the prospect of deepening bilateral economic …

FRSC calls for stronger safety standards as Nigeria embraces EVs, CNG vehicles

The Federal Road Safety Corps (FRSC) has called for stronger safety standards, regulation and emergency-response capacity as Niger…

FG targets 41 UniPods to turn university research into jobs, investment

The Federal Government is targeting the establishment of 41 University Innovation Pods (UniPods) across tertiary institutions to c…

CBN relaxes discount window restrictions for FX, government securities

The Central Bank of Nigeria (CBN) has removed restrictions that prevented financial institutions participating in the Nigerian For…

South Africa’s unemployment rate hits four-year high at 33.6%

South Africa’s unemployment rate rose to a four-year high, underscoring the economy’s persistent struggle to create enough jobs to…

Vodacom appoints former Airtel Africa CEO Segun Ogunsanya to board

Former Airtel Africa Group Chief Executive Officer Segun Ogunsanya has been appointed as an independent non-executive director of …

Unions liable for passenger claims after selective picketing, as losses top N2bn – Air Peace COO

Aviation labour unions that singled out Air Peace for a violent and disruptive terminal blockade on Tuesday will be held read more…

NGX woos Hong Kong investors, pushes Chinese firms for dual listings

The Nigerian Exchange Group (NGX Group) has intensified efforts to attract Hong Kong investors into Nigeria while encouraging Chin…

UEFA tightens red card and VAR rules as referees regain control

UEFA is introducing stricter refereeing measures for the new European season, with changes to VAR, red cards and time-wasting rule…

How state governments in Nigeria can accelerate infrastructure development

The new fiscal space for states The removal of the petrol subsidy and the alignment of the naira with market read more How state g…

As Nigeria’s Crypto economy grows, Ridima is making Crypto-to-Naira conversion faster and simpler

Ridima has built its product around that second half, which it calls the exit experience. The argument behind it is simple enough …

Within the room, again: the variable Nigeria finally admitted

For decades, Nigeria's national economic conversation has been conducted in a narrow vocabulary: oil production, foreign reserves,…

NDPHC chief sees reliable power as key to Nigeria’s economic takeoff

Jennifer Adighije, managing director of Niger Delta Power Holding Company, has called for the optimisation of Nigeria’s elec…

South Africa seeks reimbursement from Nigeria, others for migrant repatriation

….repartriation operations is equivalent to about $18.5 million     South Africa is seeking reimbursement from Nig…

Jumia raises $50 million led by IFC, Q2 revenue rises 14%

Africa’s e-commerce giant, Jumia Technologies AG, has secured $50 million through a capital raise anchored by a $25 million invest…

Nigeria's top auditors earn N175bn as consulting surpasses core work

Nigeria’s leading accounting firms generated over N175 billion in 2025, but a shift toward high-margin advisory and tax services n…

EUROS · 12 Aug 2026 · Nigeria

Shipping attacks deepen US-Iran war uncertainty as oil nears $90

Fresh attacks on commercial shipping in key waterways have heightened concerns over global energy supplies as diplomatic efforts t…

AFC raises $430m in digital bond as Africa deepens access to global capital

The Africa Finance Corporation (AFC) has raised CHF350 million, about $430 million, through a five year digital bond, marking a re…

Nigeria oil output drops 37,000 bpd as OPEC peers ramp up

Nigeria's crude production fell by 37,000 barrels per day in July, highlighting an inconsistent supply recovery that threatens gov…

EUROS · 12 Aug 2026 · Nigeria

Nigeria’s crude oil output holds above 1.5mbpd for third month despite July drop

Nigeria’s crude oil production remained above 1.5 million barrels per day (bpd) for the third consecutive month in July 2026 despi…

PENGASSAN pushes to open Africa’s fuel market to Dangote products

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for the free trade of Dangote Refinery pr…

Investors snap up AG Mortgage Bank’s N3.97bn commercial paper with 100% subscription

AG Mortgage Bank Plc has significantly bolstered its liquidity position after investors completely snapped up its N3.97 billion Se…