Press Release: BVN Enrolment is a Continuous Exercise
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Nigeria’s $5.5-billion arms scandal tests Buhari’s war on graft
Revelations that top officials are suspected of pilfering the equivalent of almost the entire annual defense budget would cause shock waves in most countries. Not in Nigeria, where the public sees political power and graft as bedfellows. The novelty this time is that President Muhammadu Buhari immediately ordered the arrest of a former national security… […]Traction not seen after years of mouthing diversification
After several years of shadow boxing, the situation on ground in Africa’s largest economy shows that very little has been done in real terms to diversify the economy from oil, create jobs and save for a rainy day. Despite sinking over $5 billion in the Ajaokuta Steel Complex Limited, it is yet to be completed…. […]Gridlock, congestion and the megacity syndrome
Newspaper headlines have a way of conveying care or scare tendency. ‘Military activities forced Boko Haram to Lagos, Others – Police’ which a few newspapers used in one of their editions last month certainly sent a bit of jitters to the spine. It was their way of capturing the remarks of Bala Hassan, the Assistant… […]Brent oil eases as focus returns to global oversupply
Oil prices eased, reversing the previous day’s gains, as the risk premium stemming from the Paris attacks faded, and the focus returned to the global oversupply in crude and petroleum products. Analysts said that despite the Paris attacks and French retaliation against Islamic State (IS) in Syria, prices would remain low for the rest of… […]Actis, RMB Westport and Paragon sell Nigeria’s Ikeja City Mall to Hyprop and Attacq
Actis, a leading emerging markets investor, RMB Westport, a notable sub-Saharan Africa real estate investment management and development group and Paragon Holdings, a leading Nigerian investor group have confirmed the sale of Ikeja City Mall to South African Real Estate Investment Trust (REIT), Hyprop Investments Limited (Hyprop) and Attacq Limited (Attacq), a JSE-listed real estate… […]Pfizer awards outstanding pharmacists at PSN conference
Pfizer Nigeria has further demonstrated its commitment to the pharmaceutical industry in Nigeria by rewarding outstanding pharmacists at the just concluded 88th Annual Conference of the Pharmaceutical Society of Nigeria (PSN) which held in Abuja. With this recognition of excellence, Pfizer once again showed its willingness to work with relevant groups in the country… […]Group seeks to unlock over $100bn potential in Nigerian mineral resources
CSR-in-Action, Nigeria’s premier business and ethical networking platform and consultancy for sustainability, has announced plans to host governments, captains of industry, experts and investors in the country’s capital, Abuja, to stimulate meaningful exchange of ideas on how to unlock over $100bn potential in the extractive industries within the next four years. The 4th hosting of the… […]Read MoreInvesting across Africa: Debunking the myths
Investing in Africa presents compelling long-term opportunities, however, there are myths surrounding investing on the continent. This is the view of Nick Ndiritu, Allan Gray portfolio manager, who in the piece below tackles the misconceptions of investing in Africa. For those who seek geographical and currency diversification, have a long-term investment horizon and are not… […]A market approach to ending child deaths from preventable disease
Around the world more than 2.5 billion people do not have access to a toilet, and more than 1 billion people defecate in the open, impacting human health and leaving women and girls vulnerable to the risk of gender-based violence. Poor sewage filters contribute to the spread of diseases such as typhoid, cholera and diarrhoea…. […]