I was a teenager at Queen of Apostles College in Kaduna when I read the first novel of African literary giant Ngugi wa Thiong’o, Weep Not, Child. I was barely 14 years old and was deeply touched by the colonisation of East Africa and the Mau Mau uprising for independence, which most of his novels

After years of anticipation, the Central Bank of Nigeria (CBN) has finally approved the rollout of open banking, with full implementation expected in August 2025. While it may sound like just another regulatory move in the ever-evolving financial system, this is anything but ordinary. In fact, it has the potential to fundamentally change how Nigerians

Export Nigeria’s Exports to African Countries Decline by N631.5bn Your browser does not support the video tag. Stakeholders are banking on the continued growth of non-oil trade to drive Nigeria’s exports to African countries, despite earnings crashing by 631.52 bn to N1.85 tn since the last peak of N2.49 tn in the third quarter of

Aliko Dangote Dangote to List Fertiliser Subsidiary, Eyes Over $3bn Dividend Your browser does not support the video tag. The President/ Chief Executive of the Dangote Group, Aliko Dangote, yesterday stated that the Group will soon list the Dangote Fertiliser Limited on the Nigerian Exchange (NGX), with the aim of revolutionising the capital market. He

Inflation has begun to wane in Africa’s most populous nation, thanks to rising foreign exchange inflows and a slowdown in money supply growth that’s kept prices stable for the second month in a row. Headline inflation fell to 22.97 percent in May from 23.71 per cent in April 2025 on improved FX stability, easing energy

Africa Finance Corporation (AFC) Nigeria, Others Top Africa’s $95bn Remittance Inflows Your browser does not support the video tag. Nigeria, Egypt, and Morocco have been listed as the highest recipients of the $95bn remittance into the African continent in 2024. This was revealed in the State of Africa’s Infrastructure Report 2025 published by the Africa

NDIC Lawsuits from Ex-Bank Workers Hindering Liquidation Process – NDIC Your browser does not support the video tag. The Nigerian Deposit Insurance Corporation (NDIC) has said that litigations by former bank employees affect its mandate of liquidating failed banks. This was disclosed by the acting Managing Director/Chief Executive of NDIC, Emily Osuji, on Thursday at

afreximbank Nigeria’s Annual Loss to Medical Tourism Hits $1.1bn – Afreximbank Your browser does not support the video tag. The African Export-Import Bank has revealed that Nigeria loses an estimated $1.1bn annually to medical tourism, a trend it described as a significant drain on the country’s foreign exchange and a major impediment to the development

Nigerian Exchange Limited Foreign Investment in NGX Jumps by 88% to N118.9bn Your browser does not support the video tag. Foreign portfolio investment on the Nigerian Exchange Limited (NGX) rose in May, climbing by 88.54 per cent to N118.91bn from N63.07bn recorded in April 2025. This is according to the latest Domestic and Foreign Portfolio

Crude Oil Nigeria Exports 82% of Crude Oil as Local Refineries Struggle Your browser does not support the video tag. Amid cries of crude shortage by local refineries in Nigeria, the country exported 82 per cent of its crude oil in the first quarter of 2025. According to a report published by the Nigerian Upstream

NNPC Towers Senate Slams NNPCL for Rejecting N210trn Audit Investigation Your browser does not support the video tag. The Nigerian National Petroleum Company Limited (NNPCL) on Thursday failed to appear before the Senate Committee on Public Accounts probing alleged financial discrepancies amounting to over N210tn in its audited reports from 2017 to 2023. Despite being