Category: Opinion

We are committed to Protecting Investors – SEC

The SEC recently hosted the first Capital Market Committee (CMC) Meeting in Lagos, what were some of the high points of the meeting? The CMC over the past 18 years has proven to be an important platform that brings together stakeholders of the capital market to discuss issues germane to the development and orderly conduct of the market.…

IMF Applauds Nigeria Central Bank’s Monetary Policy Success

The International Monetary Fund the arm of the World Bank have finally acknowledges the Central Bank of Nigeria (CBN) its monetary policy, especially regarding the foreign exchange success efforts by the international financial community. The International Monetary Fund (IMF), in its recently released World Economic Outlook (WEO), had attributed Nigeria’s growth acceleration to “improved oil…

75% of Nigerians considers reliable electricity the most important issues facing society today

 Future Energy Survey’ reveals more than 4 in 5 Nigerians are interested in the topic of Nigeria’s Energy Future According to “Future of Energy Survey” commissioned by Shell reveals that more than four out of five Nigerian respondents are interested in the topic of energy, with reliable electricity ranking alongside employment and job security as…

NNPC to Secure More Fund for NPDC’s Physical Asset

… As Baru Inspects Complex The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has assured of the corporation’s commitment to securing funding for the completion of a new head office of the Nigerian Petroleum Development Company (NPDC), one of the flagship upstream subsidiary companies of the corporation. Dr. Baru…

Prioritize Africa’s Youth And Leapfrog Traditional Development Paths – Tony Elumelu To African Leaders At World Bank Meetings

 During the annual spring meetings of the International Monetary Fund and the World Bank in Washington, DC, African philanthropist and entrepreneur Tony O. Elumelu insisted that prioritizing Africa’s youth by fixing the policy and regulatory issues impeding their innovations would also help attract foreign investors.   The Tony Elumelu Foundation Founder spoke alongside World Bank…

African companies continue to grow despite difficult macro environment

In 2017, approximately $13.5 billion was raised in the equity capital markets in Africa or by African companies in non-African capital markets, a 49% increase from 2016, according to PwC. Similarly, $7.5 billion in non-local currency debt was raised by African companies in international debt capital markets, a 68% increase from 2016. Despite a challenging…