Forex reform prompts delay in stripping Nigeria of ‘frontier market’ status
MSCI, the global equity index provider, says it will defer its plan to remove Nigeria from its list of frontier markets, to allow a...
Nigeria to allow asset-backed tokens, not crypto
The Nigerian government says it is processing applications for digital exchanges that will allow trading in asset-backed tokens. The decision is to extend market...
Elumelu, Otedola fight for control of Transcorp
The billionaires have each raised their stakes in the company in the last two weeks, with each trying to outmanoeuvre the other.
Dangote in talks to buy French football club
Aliko Dangote, Nigerian billionaire and richest man in Africa, is in discussions to buy the French football club Valenciennes.
Eddy Zdziech, the president of Valenciennes,...
Nigeria Wealth Fund profit falls 33% in 2022
The Nigeria Sovereign Investment Authority reported a sharp decline in profit for 2022 compared with the previous year, citing macroeconomic conditions in global markets...