A French media group, Canal+, said it has completed the acquisition of MultiChoice, a South African pay-TV operator and owner of DStv and GOtv, with the transaction now unconditional. It announced this in a joint statement on Monday, September 22. The deal, valued at 125 rand per share, secured a 48.2 per cent stake in …
Moniepoint Microfinance Bank Chief Executive Officer (CEO) Babatunde Olofin has stated that Africa's finance future will not be determined by depending on foreign insight but on homegrown solutions, including a progressive policy environment, sound regulatory oversight and informed advocacy through the media. Olofin stated this at the 2025 annual conference of the Finance Correspondent Association …
With the persisting food crisis in Nigeria and lingering effects on households, the Centre for Gender Economics in Africa (CGE Africa), has called on governments at all levels to prioritise inclusion of women in planning and decision-making processes regarding food security. The centre observed that current realities show that women, as managers of households, mostly bear …
The Nigerian stock market traded northward, gaining N822.25 billion in the just-concluded week's trading, despite investors being more cautious of major stocks, including bank shares. The resilience pushed the All-Share Index (ASI) to advance by 0.92 per cent to close at 141,845.35 points. Overall market capitalisation reflected the uptrend, rising by 0.92 per cent to …
As Nigeria pushes for a digital revolution to drive economic growth, the Lagos Business School (LBS) has projected that the country's e-commerce market will exceed $16 billion by 2030. The Dean of Lagos Business School, Professor Olayinka David-West, stated this on Saturday in Lagos, at the 35th annual conference of the Finance Correspondents Association of …
Oyo State has been named the most liveable state in Nigeria in the 2025 State Performance Index (pSPI), published by Phillips Consulting Limited. The report assessed all 36 states and the Federal Capital Territory (FCT) on multiple indicators of quality of life, relocation preference and governance, placing Oyo ahead of Akwa Ibom and the FCT. …
Chairmen of seven local government areas in Kwara South Senatorial District have ordered the immediate closure of all cattle markets in the zone, citing worsening security concerns. The affected council bosses are Abdulrasheed Yusuf (Ifelodun), Benjamin Jolayemi (Isin), Azeez Yakub (Irepodun), Awelewa Gabriel (Ekiti), James Fadipe (Oke-Ero), Sulyman Olatunji (Offa) and Akanbi Olarewaju (Oyun). In …
Paradigm Initiative (PIN), a digital rights advocacy, has expressed concern about the consistent leak of Nigerians' data online, urging the government to look into the matter. The non-governmental organisation raised the issue in its latest report, highlighting the state of digital rights and inclusion in the country. According to a statement on Friday, September 19, …
Rivers State Governor, Siminalayi Fubara, will deliver a statewide broadcast at 6:00 pm today, his first official address since the suspension of emergency rule in the state. Fubara, who arrived at the Government House in Port Harcourt on Friday, expressed gratitude to residents for the massive reception that greeted his return. “I am humbled by …
Nigeria has taken fresh steps to strengthen its economic partnership with Saudi Arabia, following high-level engagements at the Money20/20 Middle East Conference in Riyadh. Minister of State for Finance, Dr. Doris Uzoka-Anite, who led Nigeria’s delegation to the global fintech and finance forum, said the Tinubu administration is determined to reposition the economy and attract …
