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Nigeria has launched its Preferential Trade initiative under the Africa Continental Free Trade Area  Guided Trade Initiative. 

Improving Nigeria’s trade prospects under AfCFTA

The Group Managing Director and CEO of Nigerian Exchange Group, Temi Popoola says the NGX Invest digital platform is designed to streamline primary market issuance processes.

Popoola: NGX invest to streamline primary market issuance, capital raise

Investors are taking position ahead of Wednesday’s 150-billion-naira OMO auction. 

Investors position ahead of Wednesday’s ₦150bn OMO auction

Data from the World Bank’s newly released Country Policy and Institutional Assessment Report shows Sub-Saharan Countries weathered 2023 well due to credible economic and social policy reforms. 

World Bank: SSA performance due to credible economic, social policy reforms

The Managing Director of W Hospitality Group, Trevor Ward, says he is broadly optimistic about the outlook of the hotel industry in West Africa. 

Ward:  West Africa’s hotel industry H2'24 outlook optimistic

Data from the National Bureau of Statistics shows Nigeria’s headline inflation rate rose by 24 basis points to 34.2 per cent. Core inflation stood at 27.4 per cent with food inflation printing at 40.87 per cent year-on-year. 

Nigeria’s headline inflation hit 34.2% y/y in June 2024

Analysts believe the recent decline in Nigeria’s FX inflows into the Nigerian Autonomous Foreign Exchange Market is due to risk-off sentiment in the global space and a slowdown in OMO bill issuances. 

Risk off sentiment slows Nigeria’s FX inflow

The CEO of Sterling One Foundation, Olapeju Ibekwe says the state of Social Impact in Africa has grown post Covid-19.

Ibekwe: Social impact has grown post Covid

Nigeria's crude oil production recorded a 25,000 barrel per day to 1.27 million. That’s according to the latest OPEC monthly oil report which shows Nigeria oil output increased by 25,000 barrels per day between the months of May and June. 

Can Nigeria sustain oil output rise?

Multiple and flexible pathways to education is critical. That’s the stance of the Chief of Education at UNICEF Nigeria, Saadhna Panday-Soobrayan. 

Panday-Soobrayan: Multiple, flexible pathways to education is critical

West Africa Economic and Monetary Union banks’ high asset-quality risks and capital vulnerabilities are only partially offset by their sound profitability and strong growth prospects. 

Fitch: WAEMU banks’ weak asset quality & capital outweigh growth

The Vice Chair of the African Energy Council, Chinnan Dikwal says Nigeria hosting the Africa Energy Bank consolidates the country's position as an important player in Africa's energy sector. 

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