Op-Ed: Nigeria needs to become a startup nation

By Bunmi Akinyemiju While Israel raised $5.24 billion in investment in 2017, Nigeria only raised $115 million, despite having a population 20 times larger. From...
Nigeria resumes payments to former Niger Delta militants: official

Companies lining up to list on Lagos stock exchange, awakening Nigeria’s IPO market

* Nigeria set to see IPOs again * IPOs virtually dried up after a 2008 crash * Exception was oil company Seplat which listed in 2014 *...
Nigeria sells $1 bln to help clear backlog in dollar

Transparency International warns that Nigeria’s government is expanded the use of opaque ‘slush funds’

The funds, known as “security votes”, are a relic of military rule, mainly disbursed in hard cash and nominally released for dealing with unexpected security issues.

Could this be the solution to combating violent extremism in Africa?

Remote areas in poor nations need far more investment to undercut recruitment by militant armed groups, in a shift from development policies focused most on cities.

Nigeria, and the rest of the continent, are in prime position to benefit from...

Nigeria, and other markets in Africa, can replicate and support the autonomous technologies strategies developed elsewhere and customise it to suit the unique local market conditions.

AfDB’s Akinwumi Adesina: The fresh face of investment in Africa

The man behind it is on a mission with his two passions – encouraging the world to invest in Africa and getting his fellow Africans to grow food.

Why cereal maker Kellogg plans to invest $420m in Nigeria

Kellogg Co topped Wall Street forecasts for first-quarter profit and sales on Thursday.

West Africa stock exchange expects a listings boom, these are the companies likely to...

West Africa’s stock exchange, BRVM is targeting listings by the region’s telecoms firms and partnerships with international clearing houses to attract more foreign investors.

What Nigeria’s Buhari and US’s Trump stand to gain from state visit

Nigerian President Muhammadu Buhari’s visit to the Obama White House three years ago was ecstatic. By contrast, his visit this week to the Trump White House will be awkward.

The state of African economies unravelled

“The music is back on; the party hasn’t yet started" but when it does no one must be left behind...

How media failed Sierra Leone’s election

Coverage of Sierra Leone's election reflected stereotypes, not reality.

The IMF has altered its outlook on Africa, this is what’s changed

The latest update includes some notable revisions to individual country growth projections for this year.

Why it’s impossible to wean African leaders off their addiction to power

Why some of the continent's leaders continue to disregard their countries’ own constitutions and laws governing presidential tenure....

Ghana has just been knocked out of pole position as Africa’s fastest growing economy

The IMF, in its latest World Economic Outlook, kept its 2018 and 2019 global growth forecasts unchanged at 3.9 percent for both years after upgrades in January.

Nigeria’s President Buhari to meet Trump

The meeting comes weeks after Rex Tillerson, then U.S. secretary of state, visited Nigeria and other African countries in March only to be fired after his return to Washington.
Nigeria can borrow a maximum of $22.08 bn in 2017 - DMO

Nigeria and Kenya inching closer to interest rate cuts

Nigeria and Kenya will follow Ghana’s lead and cut rates in the third quarter, a Reuters poll found, as long as there is a...

Standard Chartered Bank launches its first-digital bank in Africa

The digital bank aims to ‘bridge the gap between traditional banking and the new, digital savvy generation in Côte d’Ivoire.

IMF approves $158MN credit to Burkina Faso

The International Monetary Fund (IMF) on Wednesday approved a three-year, $157.6 million credit facility for Burkina Faso, in part to help boost security after...

Nigeria – Change of guard at the Presidential Amnesty Programme

Jared Jeffery | NKC African Economics President Muhammadu Buhari fired Paul Boroh as coordinator of the Presidential Amnesty Programme (PAP) which oversees the stipends paid...