Investors Lose N784 Billion as Selloffs Drag Down Nigerian Stock Market

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Nigerian investors lost a significant N784 billion last week as selloffs across highly capitalized stocks kept the market in negative territory. The decline comes...

African Delegation Seeks Investment and Technology Access at OTC 2024

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New House International Limited will lead a delegation of executives and small to medium-sized enterprises (SMEs) from Africa to the 2024 Offshore Technology Conference...

FTC Cracks Down on Pharma Companies Blocking Generic Drugs with “Junk Patents”

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Patients struggling with high prescription drug costs may get some relief as the FTC takes action against major pharma companies for allegedly using inaccurate...

Nigeria Launches $10 Billion Diaspora Fund to Attract Investment

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Nigeria is setting its sights on attracting investment from its global citizen base with a newly unveiled $10 billion diaspora fund. This initiative aims...

NAAT Proposes N350,000 Minimum Wage to Address Rising Cost of Living

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The National Association of Academic Technologists (NAAT) is calling for a significant increase in Nigeria's minimum wage, citing economic hardships faced by workers nationwide....

Access Holdings Plc Secures Shareholder Approval for $1.5 Billion Capital Raise and N365 Billion...

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In a move to fuel ambitious growth plans, Access Holdings Plc, Nigeria's financial giant, secured unanimous shareholder approval for a capital raising program valued...

Global Trade Reaches Record Highs

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Global trade has reached new heights, exceeding US$30.4 trillion in 2023, according to the World Trade Organization (WTO). This marks a staggering fivefold increase...

PwC Nigeria Recommits to Sustainability in Region

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PwC Nigeria (PricewaterhouseCoopers) is solidifying its commitment to driving Nigerian businesses toward a sustainable future. This renewed focus coincides with the 10th anniversary of...

Nigerian Stocks Lure Foreign Investors Back Despite Naira Devaluation

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Foreign investors are pouring back into Nigerian stocks after a long hiatus caused by dollar shortages and capital controls. Inflows surged fivefold in the...

Rwanda Eyes Ogun State for Economic, Educational Partnership

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Rwanda has set its sights on Ogun State, Nigeria, as a potential partner for economic and educational development. This interest was conveyed by Christophe...