Some capital market stakeholders have stated that Foreign Portfolio Investments in Nigeria’s equity market will further reduce following the downgrade of the country by rating agency, FTSE. FTSE in its …
Nigeria
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The immediate Minister of State for Budget and National Planning, Prince Clem Agba, has said that ‘Nigeria agenda 2050- a perspective plan’ has identified the country’s target in 30 years’ …
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AFRICA NEWSFinance & ServicesNigeria
Nigeria’s debt jumps by 75% in three months, hits N87tn
by Editorby EditorThe Debt Management Office has said Nigeria’s total public debt hit N87.38tn at the end of the second quarter of 2023. The figure represents an increase of 75.29 per cent …
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AFRICA NEWSBanking, Finance & InvestmentEastern AfricaKenyaKenyan News
Nigerian billionaire Olugbenga Agboola’s Flutterwave to invest $50-million in Kenya
by Editorby EditorSan Francisco and Lagos-based fintech giant Flutterwave, led by Nigerian tech billionaire Olugbenga Agboola, has unveiled plans to inject $50 million into Kenya, fueled by mounting confidence in the imminent …
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AfricaAFRICA NEWSBanking, Finance & InvestmentNigeria
7 institutions founded by Africa’s doyen of accounting, Akintola Williams
by Editorby EditorThe late Akintola Williams, Nigeria’s first chartered accountant and founder of Africa’s first indigenous accounting firm, Akintola Williams & Co. (now known as Deloitte & Touche), was a true icon …
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BusinessBusiness and EconomyNigeria
Businesses bear brunt of Tinubu’s failing reforms as naira tumbles
by Editorby EditorSmall, medium and large businesses in Nigeria that need dollars to source inputs and equipment are currently bearing the brunt of the failing foreign exchange reforms of President Bola Tinubu …
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AfricaAFRICA NEWSBanking, Finance & InvestmentNigeria
ABCON seeks CBN’s support for digital transition
by Editorby EditorAs exchange rate volatility continues to impact the economy, the Association of Bureau de Change Operators of Nigeria(ABCON) has called on the Central Bank of Nigeria (CBN) to democratize and …
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AFRICA NEWSEconomyINVESTMENTNigeria
Nigeria continues investors drive, as Shettima attends G77 summit
by Editorby EditorVice President Kashim Shettima, early Wednesday, departed Abuja to attend the G77+China Leaders’ Summit in Havana, Cuba, in continuation of President Bola Tinubu’s global investors drive. The Vice President is expected to …
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AfricaAFRICA NEWSEconomy
China FM Urges Greater African Voice In Global Governance
by Editorby EditorChinese Foreign Minister Qin Gang said Wednesday that Africa should have a greater voice in the UN Security Council and other international bodies, long a demand of the continent’s leaders. …
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AfricaAFRICA NEWSEconomy
Ukraine Donates Grain to Nigeria, Plans Grain Hubs In Nigeria, Other African Countries
by Editorby EditorThe Ukrainian government, still engaged in war with Russia, has expressed its readiness to establish grain hubs in Nigeria and other African countries even as it has donated about 25,000 …