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Dangote Refinery and petroleum marketers in Nigeria will hold talks on Tuesday and Wednesday over product pricing metrics. Can Nigeria still achieve its inflation target amid recent petrol price shocks? 

Dangote Refinery, marketers to meet over petrol pricing metrics

The Lagos Chamber of Commerce and Industry is proposing that crude oil supplied to refineries in naira be pegged at an exchange rate of 1,000 to the dollar. 

Naira crude deal: LCCI proposes exchange rate peg ₦1,000/ $1

The Senior Associate Director of On Think Tanks, Estafania Teran, says one major challenge of think tanks worldwide is adaptability while noting the need to be flexible and innovative to modify approaches to meet changing dynamics. 

Teran: Adaptability of think tanks key to innovation, new funding sources

Bayo Ajayi, the CEO of Rand Merchant Bank Nigeria, believes Africa can boost its foreign direct investment with the right policies and infrastructure.

RMB Nigeria CEO speaks to boosting Africa’s FDI inflow

Heirs Insurance Group’s General and Life companies, combined, recorded a 59.3 per cent increase in Gross Written Premium to 31.7 billion naira in 2023. 

Heirs Insurance Group gross written premium up 60% to ₦31.7bn in FY’23

The Executive Secretary of African Capacity Building Foundation, Mamadou Biteye says the foundation is reviewing its business model to develop high value services through the Ubora academy, institutional capacity accelerator and knowledge hub. 

Biteye: ACBF model review to develop high value services for stakeholders

Data by the National Bureau of Statistics shows that foreign direct investment into Nigeria fell to 29.8 million dollars, contributing about 1.15 per cent of total capital importation in the review period. 

Nigeria’s FDI falls to $29.8mn in H1’24

Data from the Nigerian Electricity Regulatory Commission electricity distribution companies earnings rose 61.4 percent to 162. 1 billion naira following the new tariff regime introduced in the second quarter of this year. 

Can Nigeria's electricity DISCOs sustain revenue growth?

Fanny Missfeldt-Ringius, Practice Manager, Energy Sector Management Assistance Program, World Bank joins CNBC Africa for more. 

World Bank: Increased investments required to expand off-grid solar potential

British International Investment has signed a 25-million-dollar risk-sharing facility with Ecobank Sierra Leone to boost private sector growth in high-impact sectors of the economy. 

BII, Ecobank Sierra Leone sign $25mn deal for private sector growth

A report by Wimbart shows that 40 per cent of startup founders feel that investors don’t fully understand their business or market. In comparison, 72 per cent of investors have intensified portfolio reporting requirements over the last 18 months. 

Wimbart: African tech risks future funding on misaligned reporting

The benchmark for world food commodity prices saw its fastest increase in 18 months in September, with quotations up for all covered commodity groups, led by sugar. 

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