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The CEO of Shoreline Group, Kola Karim says the commencement of Dangote refinery operations and expected resumption of Port Harcourt, Kaduna and Warri refineries could be a major turning point for Nigeria while taking advantage of global oil demand. 

Karim: Nigeria should join BRICS, sell crude in naira

The Debt Management Office is offering for subscription the Government bond for February this year through auction of a new 7-year 2031 and 10-year 2034 papers to the tune of 1,25 trillion naira each. 

DMO releases February 2024 bond offer circular

Nigeria’s inflation rose to 29.9 per cent in January from 28.9 per cent in December, nearing a 28-year high as higher food prices were the biggest driver of inflation. 

Nigeria’s headline inflation hits 29.9% in January

Cyber Africa Forum says ransomwares, phishing attacks remain a significant threat in Africa with many of the attacks in Nigeria, Ghana, South Africa, Kenya, and Egypt connected to the surge in e-commerce services. 

CAF: Ransomware, phishing attacks linked to Africa’s e-commerce surge

CEO of NG Clearing, Farooq Oreagba, believes a well-developed Derivatives market in the Nigerian capital market will undoubtedly support the growth of the economy and the market. 

What will shape Nigeria’s derivatives market?

The International Monetary Fund says it expects Nigeria’s foreign reserves to fall by $8 billion to $24 billion in 2024 with a possible recovery to $38 billion by 2028 as portfolio inflows were forecasted to pick up once again. 

IMF: Nigeria’s reserves may fall to $24bn in 2024

Moody’s in its report says the shift in monetary policy of the Central Bank of West African States is straining banks' liquidity and will soften their profitability this year. 

Moody’s: BCEAO’s tighter monetary policy to weigh on banks’ liquidity

Governor of the Central Bank, Olayemi Cardoso, says investors' appetite for Nigeria is growing following on-going reforms as the volume of trade in the foreign exchange market exceeded one billion dollars in liquidity. 

Are FPIs back in Nigeria?

The Managing Director of Sofibanque, Henry Wazne says though there are foreign interests in cobalt deposits in the Democratic Republic of Congo, investment in the real economy is not evident. 

Harnessing opportunities in DRC’s mineral value chain

Nigeria’s one-year treasury bill was oversubscribed by 300 per cent in Wednesday’s Primary Market Auction, signaling a move by the Central Bank of Nigeria to return to orthodox monetary policy. 

What's Nigeria’s monetary policy game-changer?

Ghana’s Ministry of Finance has suspended the planned implementation of 15 percent Value Added Tax on domestic consumption of electricity. 

Ghana suspends 15% VAT on electricity

Prime Minister of the DRC, Jean-Michel Sama Lukonde says the country is open to all investors playing in the renewable energy value chain as it seeks to become a hub in battery manufacturing and other electric vehicle components. 

CBWA