During S&P Global’s emerging market conference in London, one of the firm’s top sovereign rating analysts, Frank Gill, highlighted the positive economic policy developments in Nigeria and Kenya. Gill also, however, expressed…
LeapFrog Investments, a sustainability-focused asset manager, has announced its ambitious plan to invest USD 500 million in companies addressing climate change in Asia and Africa. The commitment was unveiled at the Climate…
Food giant Nestle is taking significant steps to strengthen its sourcing of local raw materials in Nigeria and other African countries, aiming to mitigate foreign exchange exposure that has posed challenges to…
Air France KLM, one of Europe’s leading airline groups, has set its sights on expanding further in Africa as the continent’s travel demand continues to grow. Executives at the company emphasized that…
Nigeria’s economy faces a significant hurdle as annual inflation rose to 22.41% in May, up from 22.22% the previous month, according to the National Bureau of Statistics (NBS). The country’s largest contributors…
In a remarkable turn of events, Nigeria’s banking index witnessed an astounding surge of 23%, propelling it to a level not seen in over two decades. This surge took place on Wednesday…