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Kenya Usurps Regional Hegemons, Nigeria, SA to Become Africa’s Second-Largest Arms Importer

...as Abuja Drops Off Regional Top Lists Amid Localized Spending Shift In a major geopolitical shakeup, Kenya has officially become the second-largest importer of major...

Nigeria Infrastructure Debt Fund Cracks Bond Curve with 18.23% Asset Yields

The Nigeria Infrastructure Debt Fund (NIDF) has maintained its unbroken record of quarterly cash distributions, demonstrating the high-yielding resilience of private infrastructure debt even...

Nigeria’s Oil Output Hits Six Year High of 1.56 Million bpd to Beat OPEC+ Quota by 4%

Nigeria's upstream petroleum recovery has hit a major milestone, with daily crude oil production surging to its highest level in over six years. The...

PZ Cussons Sells Assets to Underpin Profit as Low Debt Validates Robust Liquidity

PZ Cussons Nigeria Plc has sold a strategic asset that helped bolster profit as the consumer goods giant maintains a healthy balance sheet supported...

Blood Beneath the Soil in Nigeria’s Hidden War for Mineral Wealth

By Blaise Udunze On a daily basis, the world watches Nigeria through a familiar lens in what appears to be a gory situation. Especially in...

Tanzanian Billionaire Mohammed Dewji Targets $100 Million Stake in Dangote’s $17 Billion Kenya Refinery

Tanzanian billionaire and MeTL Group head Mohammed Dewji has pledged to inject $100 million into a massive $17 billion crude oil refinery planned for...

Real Estate Funds Surge as Institutional Investors Shift From Speculative PE Models

Nigerian real estate has firmly established its positioning as a premier defensive asset class, attracting heavy institutional capital from fund managers seeking reliable inflationary...

Access Holdings Vests ₦5.7 Billion in Staff Shares as Corporate Rebound Gains Pace

Access Holdings Plc has completed a massive equity distribution to its leadership, vesting 229.8 million ordinary shares on 77 senior executives and key managers...

Axxela Leverages FX Invoicing and Structural Deleveraging to Drive Energy Infrastructure Build-out

Axxela Limited has demonstrated robust financial discipline and operational scale across the Nigerian and Togolese gas value chains, turning strong earnings into significant free...

Nigeria’s Pension Funds Plan Multi-Billion Naira SPV to Unclog National Infrastructure Bottlenecks

Nigeria’s ₦31 trillion ($22 billion) pension industry has entered advanced implementation stages to launch a specialized infrastructure investment vehicle, shifting from historical state-debt conservatism...

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