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Lagos, South Africa and New York
Mon, Mar 25, 2019


Buhari Signs Bill Stopping NYSC from Posting Engineering Graduates to Schools

President Muhammadu Buhari Friday in Abuja assented to Engineers (Registration etc) Amendment Bill, 2019, which...

Osun Verdict is Victory for Democracy, Says Ekweremadu

Deputy Senate President, Senator Ike Ekweremadu, has described the verdict of Osun gubernatorial election tribunal...

N’Assembly Polls: A’Court Authenticate Owan-Enoh, Ndoma-Egba as C’River APC Candidates

By Bassey Inyang in Calabar The Court of Appeal sitting in Calabar on Friday declared that...

JUST IN: Dokpesi Arrested, Whisked Away In Abuja On Arrival From Foreign Medical Treatment

Raymond Dokpesi, founder of DAAR Communications, owners of African Independent television (AIT), has been arrested...

NBC Issues New Non-Negotiable Working Conditions For GOtv, Threaten Broadcast Media Organizations

The National Broadcasting Commission (NBC) has issued new conditions for GOtv to continue its operations...

‘Govt should make capital market pivot for national budget‘

Nigerian governments should make capital market the pivotal point for the development and implementation of national budget and development plans. Capital market regulators, operators, financial...

Fed Govt adjusts 2019 Medium Term Fiscal Framework and Fiscal Strategy...

Budget and National Planning Minister, Udoma Udo Udoma yesterday told the Senate Committee on Finance that some slight adjustments had been effected on the...

Senate may pass budget 2019 in April

The Senate yesterday resumed the consideration of the general principles of the 2019 Appropriation Bill with more knocks on the budget. The upper chamber slated...

PRIVATE EQUITY FUND NEWS

BUA Group, Wartsila Oy of Finland sign 48MW power project for Sokoto Line 3

BUA Group has signed a contract with Wartsila Oy of Finland for the construction of a 48 megawatt power plant for Sokoto Cement line...

UBA Hinges Future Performance on Cost Efficiency, Improved Asset Quality

Pan African financial institution, United Bank for Africa (UBA) Plc has assured its local and international investors that it’s prudent focus on improved asset...

Shell, UBA Sign $200 Million Nigerian Contractor Support Deal

By Elisha Bala-Gbogbo Plan will help local Shell vendors, suppliers access finance Shell’s Nigerian contractor support fund holds $2.4 billion Royal Dutch Shell Plc’s Nigerian unit agreed...

Airtel Africa considers Nigerian IPO

Airtel Nigeria, is said to considering listing its stocks on the Nigerian Stock Exchange (NSE), According to people familiar with the matter. Nigeria is...

GTBank Builds Nigeria’s First Digital Play Centre for Children

Banks only build branches, or so the story goes. Except for Guaranty Trust Bank Plc; the foremost African financial institution, which has been at...

NSE suspends trading of Diamond Bank Shares over Access Bank merger

- The Nigeria Stock Exchange has placed Diamond Bank shares on full suspension - This follows a court sanction of the bank's Scheme of Merger...

OFFICIAL: Access and Diamond have merged

In a notice sent to the Nigerian Stock Exchange (NSE) today, Access Bank Plc disclosed it had received the court sanction of its merger...

The Big Read

Later in 2019, the New York Stock Exchange will see the first listing of an African technology company to be valued at more than $1-billion, a real, actual dinkum unicorn. The company, Jumia, is Nigeria-based and is known as the African Amazon since it is primarily an e-commerce business. But is it a good investment?
Alexandra Bro is a research associate at CFR's Women and Foreign Policy program. Jack McCaslin is a research associate with CFR's Africa program. On February 23, Muhammadu Buhari was reelected as Nigeria’s president, beating his opponent and former Vice President Atiku Abubakar. While running on different platforms, central to both of their campaigns was the poor state of the country’s...

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Escape from the Central Bank Trap by Daniel Lacalle

As reviewed by Dr. Caroline Gray, Senior Economics Editor at FocusEconomics To ease or not to ease? When the European Central Bank took the decision...

Nigeria 2019: Eshu Laalu As Polling Agent By Reuben Abati

Here is yet another account of what I saw in the politics of Ogun State and Nigeria. One of my early teachable moments was...

Tinubu Goofed Yet Again… Lagosians Deserve Government-Funded Mass Housing By Ayowole Sanyaolu

For the past few days now, Nigeria has been thrown into a mournful mood. From the return of Buhari as President to the tragic...

GLOBAL ENTREPRENUERS

Aliko Dangote’s plan to reduce Nigeria’s dependency on fuel imports will carve out an even bigger slice of the nation’s $376 billion economy for his empire. By The best way to appreciate the scale of Aliko Dangote’s empire is to hitch a ride on one of his private jets. A half-hour after his Bombardier Challenger 605 takes off from...
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