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Telecom operators in Nigeria are pushing for regulatory approval from the Nigerian Communications Commission to withdraw Unstructured Supplementary Service Data services from banks due to an outstanding debt of over 250 billion naira. 

Telcos seek regulatory approval to withdraw USSD services from banks

The Chairman of Daar Communications, Raymond Dokpesi says infrastructure is key to boost productions across Africa’s creative ecosystem to compete effectively on the global stage. 

Dokpesi: Infrastructure key to Africa's creative ecosystem

The Co-Chair of the Creative Africa Advisory Group, Ben Murray-Bruce says exporting Africa’s talent is crucial to the growth of the creative industry and create wealth.

Murray Bruce: African talent export key to creative industry growth

Cocoa prices retreat to 1-week lows as Cote D’ivoire raises its 2024/25 cocoa production estimate by as much as 10 percent to 2.2 million metric tonnes. 

Cocoa prices retreat on revised production outlook

Analysts at Stanbic IBTC say Nigeria’s total FX turnover year-to-date performance is similar to pre-Covid levels reiterating the market liquidity is not as tight as perceived.

Stanbic: YTD FX turnover similar to pre-Covid levels

The Senior Manager, Intra-African Trade Initiative of the Afreximbank, Temwa Gondwe says the increase of CANEX funding to $2 billion reflects the strength of the bank’s pipeline and market opportunities. 

Gondwe: $2bn Canex funding reflects strength of pipeline, market opportunities

American Actor, Boris Kodjoe says it is important to change perceptions around Africa’s Creative industry and see the sector as a huge economic driver. 

Kodjoe: It’s important to see Africa’s creative industry as economic driver

Nigeria’s food inflation rose 7.13 per cent year-on-year to 37.7 per cent in September this year driven by price increases in staple foods. Will this year’s harvests ease food price pressures amid current macro shocks. 

Will 2024 harvest ease food price pressure?

The Creative Director for Kalivanra Consulting, Moulika Varango says African needs to strengthen its offering in the fashion industry to remain relevant on the global front. 

Varango: Africa’s fashion array needs to be stronger, global

The Chairman of Flour Mills of Nigeria, John Coumantaros says the plan to invest one billion dollars for its production facility in Nigeria is driven by the need to put its businesses in proper protocols while attracting the capital. 

Coumantaros: Flour Mills of Nigeria plans $1bn investment in Nigeria

Analysts at Norrenberger Securities say rising inflation and the CBN’s contractionary policies have driven yields higher in the fixed-income market, leading investors to shift capital from equities to safer instruments. 

Norrenberger: Investors shift capital from equities to safer instruments

The Chairman of the Nigerian Economic Summit Group, Olaniyi Yusuf says creating the right business environment and incentives are crucial to unlock private capital needed to spur economic transformation in Nigeria.

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