66 stories
PwC Africa has elected Michal Kotzé as its next Africa Territory Senior Partner, with his appointment taking effect from July 1, 2027. The post PwC elects Michal Kotzé as next Africa Territory Senior Partner appeared first on Nairametrics.
The Debt Management Office (DMO) will offer N800 billion in Nigerian Treasury Bills at its November 11, 2026 auction, against N148.565 billion in maturing securities, creating a potential net funding requirement of approximately N651.44 billion. The post DMO offers N800 billion in T-bills on…
President Bola Tinubu has officially launched a N52,500 minimum pension guarantee for retirees and PenCare, an initiative designed to address the healthcare needs of low-income retirees. The post President Tinubu launches N52,500 minimum pension guarantee for retirees, PenCare Scheme appeared…
African startup funding rebounded strongly in October 2026, with investors committing $324.42 million across 38 disclosed deals, reversing the slowdown witnessed in September. The post MNT-Halan leads top 10 African startups by funding in October 2026 appeared first on Nairametrics.
Angola’s capital, Luanda, is projected to overtake Lagos as Sub-Saharan Africa’s most populous city by 2050, with its population expected to rise by 78% over the next 25 years, according to the World Bank. The post Luanda to overtake Lagos as Sub-Saharan Africa’s most populous city by 2050 – World…
Twenty-six Nigerian states increased expenditure faster than their revenues between 2023 and 2025, highlighting the importance... The post 26 Nigerian states increased spending faster than revenue over two years – World Bank appeared first on Nairametrics.
Luxembourg has announced an increase in the minimum salary requirements for foreign workers applying for employment permits, with new.. The post Luxembourg raises work permit salary requirements for foreign workers in 2027 appeared first on Nairametrics.
Elon Musk, the world's richest person, has recorded a $53.9 billion decline in his fortune over the past week, bringing his estimated net... The post Elon Musk loses $53.9 billion in one week as net worth drops to $849.7 billion appeared first on Nairametrics.
The Nigeria Labour Congress (NLC) has denied negotiating the N40,000 consequential adjustment granted to federal government workers following The post NLC denies negotiating N40,000 consequential adjustment for federal workers appeared first on Nairametrics.
Nigeria is among six African countries that accounted for 80% of the continent’s outstanding corporate debt at the end of 2025, according to the Organisation for Economic Co-operation and Development (OECD). The post Nigeria among six countries holding 80% of Africa’s corporate debt – OECD…
The African Export-Import Bank (Afreximbank) has quadrupled its financing commitment to Africa’s creative and cultural industries to US$2 billion, up from its initial US$500 million pledge, as the bank seeks to expand investment and strengthen the commercial potential of the continent’s creative…
Champion Breweries Plc is set to manufacture and distribute Bature Brewery’s craft beers across Nigeria under a new partnership that gives it an option to acquire three of the brewery’s brands. The post Champion Breweries to manufacture, distribute Bature beers nationwide with acquisition option…
The Nigerian equities market lost another N540 billion on Friday, November 6, 2026, as sustained selling in MTN Nigeria, Zenith Bank, GTCO, HBM Nigeria and Fidelity Bank extended the previous session's sharp decline. The post NGX sheds another N540 billion as MTN Nigeria, Zenith Bank, GTCO, drag…
The Transmission Company of Nigeria (TCN) has accused Ikeja Electric of misleading customers by attributing recent feeder outages in parts of Lagos to grid instability, insisting that the disruptions were largely caused by reduced power generation and faults on the distribution company’s network.…
The Edo State Government has signed a Memorandum of Understanding (MoU) with China Express Airline and KDN Aero towards establishing its proposed state-owned airline, Edo Air. The post Edo signs MoU with China Express Airline, KDN Aero for proposed state-owned carrier appeared first on Nairametrics.
The Nigerian equities market gained over N307 billion on Wednesday, November 4, 2026, extending its positive momentum as gains in Transcorp Power, GTCO, Zenith Bank and UBA lifted the benchmark index higher. The post Nigerian stocks gain N307 billion as Transcorp Power, banks drive market rally…
Dangote Cement Plc and BUA Cement Plc spent a combined N797.1 billion on energy in the first nine months of 2026. The post Dangote Cement, BUA spend N797 billion in energy cost appeared first on Nairametrics.
Aliko Dangote, President of Dangote Group, has increased his investment target for Africa’s industrialisation from $50 billion to $60 billion by 2030, as he expands his energy infrastructure footprint across the continent. According to Bloomberg, the billionaire announced the revised target on…
