Planned Dangote Refinery IPO boosted by $1bn underwriting deal
The Dangote Petroleum Refinery has taken another step closer to its huge IPO with a deal that opens the door to African and Caribbean funds.
finance
Inflation in Africa’s largest economy cools for first time in five months
Inflation in South Africa, Africa’s largest economy, eased sharply in July, giving the central bank more room to keep interest read more Inflation in Africa’s largest economy cools for first time in five months
How Otumfuo Osei Tutu II will elevate the Africa Business Investment Summit
His Majesty's business acumen and royal authority will anchor ABIS 2026, guiding investors toward bankable projects and Africa's growth opportunities.
Nigeria Police decentralisation must be done with adequate safeguards
One the most fundamental responsibilities of a government is the protection of lives and property. Security remains one of the read more Nigeria Police decentralisation must be done with adequate safeguards
Al Mustapha Jokolo invokes Nasihat al-Muluk to call out Nigeria’s Muslim rulers
There is something ominously sobering about the recent controversy surrounding Sheikh Sani Yahaya Jingir, and something consequential and exemplary about read more Al Mustapha Jokolo invokes Nasihat al-Muluk to call out Nigeria’s Muslim rulers
Can cotton power Africa's industrialisation?
For Africa to capture more value from cotton, it must secure access to markets big enough to support the growth of its manufacturers.
EBID secures major credit rating upgrade from Moody's, affirming steady climb to investment grade and growing relevance in West Africa
The ECOWAS Bank for Investment and Development (EBID) today announced that Moody's Ratings has upgraded its long-term issuer rating to B1 from B2, with a stable outlook, a powerful endorsement of the Bank's strengthening financial position, resilience, and rising stature as a pivotal development fin
New revenue formula will reflect state’s expanded responsibilities, says Shehu, RMAFC Chairman
…As Commission Reconciles Over N1.3trn in Federation Revenue Mohammed Bello Shehu, Chairman of the Revenue Mobilisation Allocation and Fiscal Commission read more New revenue formula will reflect state’s expanded responsibilities, says Shehu, RMAFC Chairman
UI, UNILAG lead Nigerian universities in latest Webometrics rankings
The University of Ibadan (UI) retains its position as Nigeria’s top-ranked institution in the July 2026 Webometrics Ranking of World read more UI, UNILAG lead Nigerian universities in latest Webometrics rankings
Standard Bank eyes stake in OPay ahead of $4bn US IPO
Standard Bank Group is considering the acquisition of a stake in OPay, a Nigerian fintech company, as the payments platform read more Standard Bank eyes stake in OPay ahead of $4bn US IPO