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Author: akintunde

Nigeria’s N22.8 Trillion Pension Assets Face Credit and Liquidity Hurdles in Infrastructure Push
FinanceinvestmentLocal

Nigeria’s N22.8 Trillion Pension Assets Face Credit and Liquidity Hurdles in Infrastructure Push

Nigeria’s pension assets, totaling N22.8 trillion as of January 2025, remain vastly underutilized for infrastructure development due to prevailing credit…

byakintundeJune 10, 2025June 10, 2025
AfDB Warns of $39.84 Billion Drop in Africa’s Foreign Funding by 2025 Amid Global Aid Cuts
investmentLocalMacroeconomic

AfDB Warns of $39.84 Billion Drop in Africa’s Foreign Funding by 2025 Amid Global Aid Cuts

The African Development Bank (AfDB) has projected a significant drop of $39.84 billion in foreign funding to Africa by 2025,…

byakintundeMay 29, 2025May 29, 2025
MTN Tops Inward Porting Chart as 9mobile Bleeds Subscribers — NCC Report
BusinessLocalTechnology

MTN Tops Inward Porting Chart as 9mobile Bleeds Subscribers — NCC Report

The latest data from the Nigerian Communications Commission (NCC) shows a clear trend in Nigeria’s telecom space, MTN is winning…

byakintundeApril 24, 2025April 24, 2025
Ghana Rolls Out $1M Fund to Empower Northern Farmers and Boost Food Security
AgricultureLocalMacroeconomic

Ghana Rolls Out $1M Fund to Empower Northern Farmers and Boost Food Security

In a bold move to strengthen agriculture and combat food insecurity in the northern parts of the country, Ghana’s Minister…

byakintundeApril 17, 2025April 17, 2025
Lagos Partners with REA to Expand Renewable Energy Access and Bridge Power Gaps
EnergyLocalMacroeconomic

Lagos Partners with REA to Expand Renewable Energy Access and Bridge Power Gaps

In a decisive move to tackle Lagos State’s longstanding energy challenges, the Lagos State Government has signed a Memorandum of…

byakintundeApril 15, 2025April 15, 2025
My thesis on sustainable development of our great State
FeaturesOpinion

My thesis on sustainable development of our great State

Creating a sustainable future requires bold and innovative strategies that focus on economic growth, social well-being and environmental care. By…

byakintundeApril 9, 2025April 9, 2025
DSS Detains Central Bank Deputy Governor Amidst Ongoing Financial Mismanagement Probe
Local

DSS Detains Central Bank Deputy Governor Amidst Ongoing Financial Mismanagement Probe

The Department of State Service (DSS) has reportedly apprehended Mr. Kingsley Obiora, the Central Bank of Nigeria’s (CBN) Deputy Governor…

byakintundeSeptember 1, 2023September 1, 2023
Reducing Nigerian Government Borrowing Requires Addressing Insecurity and Diversifying Revenue Sources
Local

Reducing Nigerian Government Borrowing Requires Addressing Insecurity and Diversifying Revenue Sources

Financial experts suggest that for the Nigerian government to reduce borrowing, it needs to address the issue of insecurity and…

byakintundeSeptember 1, 2023September 1, 2023
African Union Suspends Gabon’s Membership Following Coup
Africa

African Union Suspends Gabon’s Membership Following Coup

The African Union (AU) has suspended Gabon’s membership after military officers ousted President Ali Bongo. This move marks the first…

byakintundeSeptember 1, 2023September 1, 2023
ECOWAS Denies Reports of Transition Proposal in Nigeria
Local

ECOWAS Denies Reports of Transition Proposal in Nigeria

The Economic Community of West African States (ECOWAS) has refuted reports suggesting that its leader, President Tinubu, proposed a transition…

byakintundeSeptember 1, 2023September 1, 2023
Biden Administration Offers $12 Billion to Automakers to Retrofit Plants for EV Production
Market

Biden Administration Offers $12 Billion to Automakers to Retrofit Plants for EV Production

The Biden administration is providing $12 billion in grants and loans to auto manufacturers and suppliers to retrofit their plants…

byakintundeSeptember 1, 2023September 1, 2023
China Takes Measures to Boost Economy Amidst Slowdown
Market

China Takes Measures to Boost Economy Amidst Slowdown

As China grapples with an economic slowdown and a debt crisis in the property sector, authorities have rolled out a…

byakintundeSeptember 1, 2023September 1, 2023
Kenyan Savings and Credit Cooperative Societies (Saccos) Report Increased Lending for Land and Housing
Africa

Kenyan Savings and Credit Cooperative Societies (Saccos) Report Increased Lending for Land and Housing

Data from the annual Sacco Societies Regulatory Authority (SASRA) report for 2022 indicates that land purchases and home ownership plans…

byakintundeSeptember 1, 2023September 1, 2023
Nairobi Securities Exchange (NSE) Reports 72.4% Jump in H1 Net Profit Amid Increased Trading Commissions
Africa

Nairobi Securities Exchange (NSE) Reports 72.4% Jump in H1 Net Profit Amid Increased Trading Commissions

The Nairobi Securities Exchange (NSE) recorded a substantial 72.4% increase in net profit, reaching Ksh 69.38 million in the first…

byakintundeSeptember 1, 2023September 1, 2023
“Growing Skills Gap Poses Major Threat to Nigeria’s Telecom Industry,” Warns Expert
Local

“Growing Skills Gap Poses Major Threat to Nigeria’s Telecom Industry,” Warns Expert

A dire warning has been sounded regarding the growing skills gap in Nigeria’s telecommunications sector, which poses a significant threat…

byakintundeSeptember 1, 2023September 1, 2023
MTN Nigeria’s Financial Maneuvers: Raises N125 Billion via Series 6&7 Commercial Paper Notes for Diversification
Local

MTN Nigeria’s Financial Maneuvers: Raises N125 Billion via Series 6&7 Commercial Paper Notes for Diversification

MTN Nigeria has successfully raised a substantial sum of N125 billion through its Series 6 and 7 commercial paper notes.…

byakintundeSeptember 1, 2023September 1, 2023
Dangote Group Shakes Up Subsidiaries in Mega Merger Move: Shareholders Brace for Dilution
Local

Dangote Group Shakes Up Subsidiaries in Mega Merger Move: Shareholders Brace for Dilution

The Dangote Group has announced a merger of its subsidiaries, including Dangote Sugar, NASCON, and Dangote Rice, through a scheme…

byakintundeSeptember 1, 2023September 1, 2023
Google Introduces BigQuery Studio for Data Analytics
Technology

Google Introduces BigQuery Studio for Data Analytics

Google has unveiled a new service called BigQuery Studio, designed to address the challenges of executing big data analytics. BigQuery…

byakintundeAugust 30, 2023August 30, 2023
Military Seizes Power in Gabon Following Election
Africa

Military Seizes Power in Gabon Following Election

A group of army officers in Gabon announced on national television that they had seized power in the Central African…

byakintundeAugust 30, 2023August 30, 2023
Safaricom Disburses Dividend to Shareholders
AfricaBusiness

Safaricom Disburses Dividend to Shareholders

Safaricom, a leading telecommunications company in Kenya, has commenced the distribution of a final dividend of KSh 24.84 billion to…

byakintundeAugust 30, 2023August 31, 2023
World Bank Engages Nigerian Government on Effective Public Fund Utilization
BankingFinanceLocal

World Bank Engages Nigerian Government on Effective Public Fund Utilization

The World Bank has communicated its engagement with the Federal Government of Nigeria to ensure that public funds are utilized…

byakintundeAugust 30, 2023August 31, 2023
Plural Launches AI-Powered Policy Tracking Platform in South Africa
AfricaTechnology

Plural Launches AI-Powered Policy Tracking Platform in South Africa

Plural, an AI-powered policy tracking platform, has expanded its services into Africa, starting with South Africa and Nigeria. The platform…

byakintundeAugust 30, 2023August 31, 2023
Shell Signs Letter of Intent for Floating Production Unit in U.S. Gulf of Mexico
Energy

Shell Signs Letter of Intent for Floating Production Unit in U.S. Gulf of Mexico

Shell Offshore, a subsidiary of Shell, has entered into a letter of intent (LOI) with Seatrium Oil and Gas International,…

byakintundeAugust 30, 2023August 30, 2023
Crude Oil Prices Rise on Hurricane Threat and Inventory Draw
Commodities

Crude Oil Prices Rise on Hurricane Threat and Inventory Draw

Crude oil prices continued their upward trajectory, buoyed by a combination of factors including the approach of Hurricane Idalia to…

byakintundeAugust 30, 2023August 30, 2023
Floods Trigger Concerns for Nigerian Farmers Repaying N700bn Loan as Lagdo Dam Opens
environmentLocal

Floods Trigger Concerns for Nigerian Farmers Repaying N700bn Loan as Lagdo Dam Opens

As flooding engulfs frontline states following the release of water from Cameroon’s Lagdo Dam, over 3.04 million Nigerian farmers are…

byakintundeAugust 30, 2023August 31, 2023
AFEX and Ghana Commodities Exchange Join Forces to Boost Commodity Trading Ecosystem in Nigeria and Ghana
AfricaBusinessCommodities

AFEX and Ghana Commodities Exchange Join Forces to Boost Commodity Trading Ecosystem in Nigeria and Ghana

Nigeria’s commodities exchange, AFEX, and Ghana Commodities Exchange (GCX) have embarked on a transformative partnership by signing a Memorandum of…

byakintundeAugust 30, 2023August 31, 2023
Economic Challenges Pose Strain on Nigerian Banks’ Operating Expenses, Warns Agusto&Co
BankingBusinessLocal

Economic Challenges Pose Strain on Nigerian Banks’ Operating Expenses, Warns Agusto&Co

As inflation and economic pressures continue to rise, Nigeria’s deposit money banks (DMBs) are cautioned to brace for stretched operating…

byakintundeAugust 30, 2023August 31, 2023
Google’s Former Director for West Africa, Juliet Ehimuan, Joins Zenith Bank’s Board of Directors
BankingBusinessLocal

Google’s Former Director for West Africa, Juliet Ehimuan, Joins Zenith Bank’s Board of Directors

Juliet Ehimuan, a distinguished figure in the technology industry and former Director of Google West Africa, has been appointed as…

byakintundeAugust 30, 2023August 31, 2023
Tony Elumelu Commends President Tinubu’s Bold Reforms for Long-Term Nation Building
Local

Tony Elumelu Commends President Tinubu’s Bold Reforms for Long-Term Nation Building

Tony Elumelu, Founder of the Tony Elumelu Foundation (TEF), has praised the administration of President Bola Tinubu for its courageous…

byakintundeAugust 30, 2023August 30, 2023
Nigerian Domestic Stock Transactions Surge to N1968.4bn YTD, Foreign Investors Remain Cautious Amid Forex Challenges”
investmentLocalStock

Nigerian Domestic Stock Transactions Surge to N1968.4bn YTD, Foreign Investors Remain Cautious Amid Forex Challenges”

Domestic transactions on the Nigerian Exchange Limited have soared to N1968.4 billion year-to-date, surpassing the entire value of transactions by…

byakintundeAugust 30, 2023August 31, 2023

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