SA races ahead of Nigeria to fund post-COVID strategy
More than a year after Nigeria secured a spot on the first list of six African countries to receive the mRNA vaccine technology to build an independent vaccine production system, Africa’s…
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Nigerian banks’ Africa foray faces major test
Nigerian banks are finding out the hard way that the grass is not always greener on the other side as the country’s biggest banks are incurring billion-naira impairment costs from their…
Why Netflix invested more in South Africa than Nigeria
Netflix recently released a report showing its impact on the African market from 2016 to 2022, looking closely at three of its biggest markets South Africa, Nigeria, and Kenya.
The report…
Palm oil imports from Malaysia rises 505% in Q1 despite local production push
Nigeria’s Crude Palm Oil (CPO) imports from Malaysia - top global producer - have risen by 505 percent in the first quarter of 2023 despite local production push by the federal government,…
Buhari’s N22.7trn debt conversion plan stuck in limbo
With just over a month to the end of his tenure, President Muhammadu Buhari's plan to restructure the debt owed to the central bank has not got off the ground. Lawmakers have yet to give it…