The Emerging Africa & Asia Infrastructure Fund (EAAIF), a private infrastructure group managed by Ninety-One, has secured a fresh $325 million in debt funding to support infrastructure projects across Africa …
INVESTMENT
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AfricaASIADevelopmentDigital EconomyEconomyEnergyFinance & ServicesInfrastructureInternational RelationsINVESTMENT
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AfricaBanking, Finance & InvestmentFinance & ServicesINVESTMENTMarketsNigeria
Nigerian Exchange Slips by N274bn as Sell-offs Hit Market
The Nigerian stock market ended Thursday on a negative note as widespread sell pressure among mid- and large-cap stocks caused investors to lose about N274 billion in market value. This …
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EconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeria
Federal Government Plans to Raise N300bn from Bond Market on May 26
The Federal Government of Nigeria has announced plans to raise N300 billion from the bond market through an auction scheduled for Sunday, May 26, 2025. The move is part of …
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AFRICA NEWSEnergyEnvironmentINVESTMENTINVESTMENTOil & Gas
Union Investment Cuts Ties with TotalEnergies Over Human Rights Abuse Allegations in East Africa
A major European investment company, Union Investment, has removed French oil giant, TotalEnergies, from its sustainability funds after new accusations of human rights abuses surfaced concerning a massive oil project …
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Banking, Finance & InvestmentINVESTMENTLeadershipMarketsNigeria
Fidelity Bank CEO Buys Over N760m Shares, Reaffirms Confidence Amid Legal Scrutiny
The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe, has continued to demonstrate her confidence in the financial institution by acquiring more than N760 million …
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BusinessBusiness InsightsEconomyFinance & ServicesGOVERNMENTInnovationInsuranceINVESTMENTMarketsNewsNigeria
AM Best Assigns ‘B+’ Rating to Linkage Assurance Plc, Cites Strong Balance Sheet and Risk Management
Linkage Assurance Plc, a Nigerian insurance company listed on the Nigerian Exchange Group, has been assigned a long-term issuer credit rating of ‘B+’ by AM Best, a globally recognised credit …
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AfricaBusinessEconomyEnergyEnvironmentInnovationINVESTMENTNigeria
Winock Solar Named Africa’s Fastest-Growing Energy Firm in Financial Times Ranking
Nigerian renewable energy company, Winock Solar, has been named the fastest-growing energy firm in Africa, according to the 2025 Financial Times list of Africa’s Fastest-Growing Companies. The firm, which is …
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AfricaEconomyEnergyGOVERNMENTInfrastructureINVESTMENTNigeriaOil & GasPolicies
NCDMB Urges International Oil Companies to Support Local Firms and Boost Nigerian Content
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Omatsola Ogbe, has called on international oil companies (IOCs) operating in Nigeria to actively engage local …
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AfricaBusinessDevelopmentEconomyInfrastructureINVESTMENTNigeriaTrade and CommerceTransportation & Logisitics
APM Terminals Calls for Stronger Public-Private Partnerships to Boost Infrastructure and Growth in Africa
APM Terminals has said that Africa can only achieve lasting infrastructure, inclusive job creation, and sustainable economic growth through strong partnerships between government and private companies. This was the main …
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AfricaBusinessDangote IndustriesDevelopmentEconomyEnergyInfrastructureINVESTMENTLeadershipManufacturingNigeria
Dangote Picks Nigeria Over Global Tech Giants, Builds $19 Billion Refinery to Boost Economy
Aliko Dangote, Africa’s richest man and chairman of the Dangote Group, has been praised by the Nigerian government for prioritising national development over foreign wealth opportunities. At a time when …