Debt now accounts for a record 41% of all capital raised by African tech startups, up from just 17% in 2019, according to Partech Africa’s […]
Category: Economy
CBN to sell N700 billion T-Bills September 3 in one of final Q3 auctions
The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), will offer N700 billion across the 91-day, 182-day and 364-day Treasury […]
OPay asks DSS, Police to investigate shutdown rumour
Fintech company OPay says it has requested that the Department of State Services (DSS) and the Nigeria Police launch investigations into recent false information circulating […]
Dangote Sugar, 28% below its high, trades at 493x. Is it cheap?
Dangote Sugar Refinery Plc stock closed at N69 as of August 28, 2026, about 28% below its 52-week high of N95.80. For some stocks, a […]
UAE’s ePointZero enters Africa’s power generation market with 90% acquisition of Azura Power
UAE-based energy infrastructure platform ePointZero is set to enter Africa’s power generation market after agreeing to acquire a 90% stake in pan-African independent power producer […]
Nigerian equities snap 11-day losing streak as FTSE Russell confirms Frontier Market reclassification
The Nigerian equities market rebounded on Thursday, August 27, 2026, ending an 11-day consecutive losing streak, as investor sentiment was buoyed by FTSE Russell’s confirmation […]
FG has invested over N3.8 trillion in IT infrastructure since 2023 — NITDA DG
The Federal Government has invested more than N3.8 trillion in information technology infrastructure since 2023, the Director-General of the National Information Technology Development Agency (NITDA), […]