In the first three quarters of 2025, the Nigerian Exchange (NGX) has shown remarkable resilience, marked by an overall positive performance despite challenges posed by global economic uncertainties and local inflationary pressures. The NGX All-Share Index recorded a notable growth of 8.5% year-to-date, reflecting strong earnings reports from key sectors, including telecommunications, banking, and energy. …
Nigeria’s total merchandise trade surged to N38.9 trillion in Q3 2025, according to fresh data from the National Bureau of Statistics. This figure marks a significant milestone in the country’s post-pandemic economic recalibration and underscores the resilience of Africa’s largest economy amid ongoing structural reforms. The latest trade value represents an 8.71% increase from the …
PZ Cussons has announced that it is retaining its Africa business and setting out ambitious growth plans for it as part of a wider Group strategy balanced between developed and emerging markets. Recall that in April 2024, PZ Cussons had announced plans to conduct a strategic review of its Africa operations. As part of the …
Aliko Dangote, the President of Dangote Industries Limited, has unveiled a landmark plan to list a 10% stake in his $20 billion refinery on the Nigerian Exchange (NGX) in 2026. Dangote further announced that the company is currently in discussions with market regulators to facilitate future dividend payouts in US dollars, offering a hedge against …
As Africa’s political and regulatory dynamics continue to evolve, businesses and investors must strategically navigate the continent’s complexities to seize opportunities in 2026. From shifting governance to regulatory transitions, understanding the political landscape is crucial for success. According to Adjoa Adjei-Twum, President & CEO of EBII Group Corp, "Africa’s political environment remains central to investment …
For many Nigerians, gold has always been a symbol of wealth, beauty and tradition. But in 2025, it is becoming much more than that; it is now rising as one of the most preferred alternative investment assets for Nigerians looking to protect their money from inflation, currency weakness and economic uncertainty. Global data from the …
President Bola Tinubu has submitted the names of 32 ambassadorial nominees to the Senate for confirmation, following the submission of the first batch of three names. Among them are the former chairman of the Independent National Electoral Commission, Mahmud Yakubu, an aide to former President Goodluck Jonathan, Reno Omokri (Delta), and former Enugu State Governor, …
Retirement in many parts of the world is something that is looked forward to with excitement, as it marks the end of decades of work and offers a chance to reshape how you spend your time. It also opens a door to freedom, self‑expression and new purpose. For most Nigerians, retirement does not elicit so …
Former President Goodluck Ebele Jonathan is safe and has departed Guinea-Bissau following Wednesday’s military coup that toppled the West African nation’s government, the Federal Government confirmed on Thursday. Kimiebi Ebienfa, spokesperson for the Ministry of Foreign Affairs, told journalists in Abuja that Jonathan had left the country aboard a special flight alongside members of his delegation, …
The Central Bank of Nigeria (CBN) has steadily grown the foreign Exchange reserve by $6.7 billion in 11 months, starting from $40 billion in January to the current amount. The current, which is the highest in seven years, is just a few million dollars from the $47 billion recorded on the 3rd of August in …
