Borrowing costs for governments and businesses in Nigeria, South Africa and Kenya have risen in the last five years due to policy weaknesses, unfavourable market conditions and inflation, according to a study by Moody’s Ratings published yesterday. Although economies in the region face ever-rising funding needs to keep development and growth on track, they have…
President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has called for the prioritisation of food security and self-sufficiency across Africa, stressing the continent’s vast agricultural potential. Speaking over the weekend at his Lagos office, during a courtesy visit by the AfricaRice Centre, a pan-African Centre of Excellence for rice research, development, and capacity building, Dangote…
In this Interview, Regional President for Central and Eastern Europe, Middle East and Africa (CEMEA), Visa, Tareq Muhmood, speaks on Nigeria’s place in digital payments globally, why Visa is are making long-term commitments through partnerships with banks and fintechs to co-create products and solutions that make digital payments more accessible to individuals, SMBs, and the…
The UK is moving to lower its voting age from 18 to 16. The new legislation takes effect ahead of the country’s next general election in 2029, and is aimed at boosting its democracy. The move has ignited global debate: should 16-year-olds be trusted with the ballot? For African countries, where young people make up…
Nigeria were forced to settle for a 1-1 draw against South Africa’s Bafana Bafana in a decisive 2026 FIFA World Cup qualifying match on Tuesday evening Senegal came from two down to win 3-2 in Kinshasa and take charge of Group B. South Africa 1-1 Nigeria Nigeria’s hopes of qualifying for the 2026 World Cup…
Nigeria has been selected as the host country for the 2027 Intra-African Trade Fair (IATF), with Lagos serving as the host city. Chief Olusegun Obasanjo, Chairman of IATF2025 Advisory Council, and Former President of Nigeria who made the announcement at the opening of the fourth edition of the Intra-African Trade Fair (IATF2025) currently ongoing in…
Algiers — The 2027 edition of the largest trade fair in Africa, the Intra-Africa Trade Fair (IATF), will be hosted by Nigeria, the organisers announced on Thursday in Algiers, the capital city of Algeria. Nigeria was announced as the host of the 5th edition of the intra-continental trade meeting during the opening of the ongoing…
With the margins tightening and two defining fixtures ahead, Broos’ men know their World Cup destiny hinges on Bloemfontein South Africa coach Hugo Broos has named his 23-man squad for next month’s crucial 2026 FIFA World Cup qualifiers against Lesotho and Nigeria, fixtures that could define Bafana Bafana’s path to the global stage. The group…
Nigeria has emerged as the largest stablecoin market in Africa, with nearly $22 billion in transactions recorded between July 2023 and June 2024. This was stated in the latest report released by Yellow Card titled, ‘Stablecoin Adoption in Emerging Markets – The Report for Global Business Leaders’. The report which is Yellow Card’s third and…
Strikes are latest by the Nigerian military as it battles resurgence of attacks by armed groups in country’s northeast. The Nigerian Air Force (NAF) says it has killed at least 35 armed fighters in air strikes near the country’s border with Cameroon, following intelligence that an attack on ground troops was being planned. The strikes…
