Nigeria’s largest FMCGs see profits surge to five-year high
Nigeria’s largest Fast-Moving Consumer Goods (FMCGs) companies have seen their profits surge to a five-year high…
What repairs of Nigerian refineries mean for West African market
Africa’s biggest oil-producing country is planning to take advantage of a golden opportunity to play regional…
Nigeria’s telcos’ investment declines 55.7% in one year
Nigeria’s telecom industry in 2019 attracted investment worth over $942.86 million. However, in 2020, it recorded a…
Eurobond, IMF give CBN firepower to defend naira
There is hope for a stable naira going forward as the expected foreign exchange inflows worth about $6.3 billion…
Local firms eye assets as Shell, others exit onshore operations
The decision of oil majors led by Shell to divest stakes from troubled Nigerian onshore operations is attracting…
COVID-19: Insurers find growth opportunities in healthcare services
With COVID-19 increasingly exposing the inadequacies in the global healthcare sector amid low coverage of a larger…
Oil majors’ divestment: How local operators can finance deals
The financial approach used by local oil companies will affect their chances of financially competing and taking…
Bitcoin price retreats on profit-taking, regulatory fears
The price of bitcoin was trading below $39,000 on Tuesday after nearly a week it went on a bull run hitting an…
Eight ways inflation has made Nigerians poorer within 10yrs
Declining incomes and a continuous spike in prices are reducing the ability of Nigerians to afford some of the…
Telcos record first subscriber growth in 8 months
In June, over 500,000 mobile subscribers joined the various telecommunication networks in Nigeria, making it the…
Nigeria’s N3.7trn post-harvest losses open opportunities for investors
Ibrahim Idris, a 47-year-old farmer in Chikun Local Government Area of Kaduna State, grows tomato and pepper 683.1…
Nigeria wins big in IMF $650bn SDR reserves allocation
Nigeria's external reserves stand to increase by about 10 percent, and the naira stabilise as Africa's largest…
Naira bouncing back as uncertainty wanes
The naira is heading back to the level it was before the Central Bank of Nigeria (CBN)’s shock move to stop selling…
Apapa: Multiple checkpoints frustrate electronic call-up system
Despite the implementation of electronic call-up system, security officials known as ‘enforcement team’ employed by…
Why investors should take second look at Nigeria’s cement companies
For long term investors in cement companies’ shares, it is rarely a wrong decision. If not for anything, increasing…
N6bn in-flight catering market takes hit as airlines slow to resume
The business of local in-flight catering is currently hurting, as some airlines operating in Nigeria have failed to…
Companies navigate COVID-19 third wave to stay open, protect staff
Nigeria’s private companies are adopting several measures to hedge their businesses against the potential fallout…
Target Global backs Kuda Bank on path to unicorn
Less than a year after it signed its first cheque for an African startup, Target Global, a Berlin-based venture…
These five apps get you started on foreign assets investment
The value of the naira dropped to a record low against the dollar and other foreign currencies, after the Central…
Nigeria’s idle gas projects can leverage $53trn fund
In a world where funding for fossil fuel investment is waning, global Environmental Social and Governance (ESG)…
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