As Nigeria grapples with its debt dynamics, expert voices weigh in on the delicate equilibrium between issuance and investor sentiment. Thys Louw, seasoned portfolio manager at Ninety One, highlights the central concern: the divergence between debt issuance and inflows into dedicated funds. For high-yield issuers, this divergence poses a significant challenge. In a Reuters report, Read More…
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Burna Boy makes history with dazzling Grammy performance
As the first Nigerian artist to ever take the coveted Grammy stage, Burna Boy stole the show with a phenomenal performance that transcended borders and solidified his position as a global music force. “It’s amazing to be bringing something new, something fresh, something different, something exciting,” Burna declared with infectious energy, setting the tone for Read More…
Dangote Fertiliser Gets Major Boost as Shell Commits to $2.5 Billion Gas Supply Facility
Africa’s richest man, Aliko Dangote, received a significant boost for his fertiliser plant today as Shell and its partners announced a final investment decision to build a dedicated gas supply facility. The $2.5 billion Dangote Fertiliser and Petrochemical Plant, the largest urea complex in Africa, will receive 100 million standard cubic feet of gas per Read More…
Premier League Sunday recap: Arsenal stun Liverpool, Wolves shock Chelsea, and United triumph over West Ham
Premier League action on Sunday delivered thrilling encounters across England, reshaping the league standings and sparking conversations about team performances and managerial futures. In a headline-grabbing match at the Emirates Stadium, Arsenal injected new life into the title race by overcoming lacklustre leaders Liverpool with a convincing 3-1 victory. The win narrowed the gap between Read More…
Namibia’s Interim President Nangolo Mbumba addresses election intentions amidst Geingob’s passing
Nangolo Mbumba, stepping into the role of interim president following Hage Geingob’s demise, firmly declares he won’t contest the upcoming elections, paving the way for Netumbo Nandi-Ndaitwah. This unprecedented move sets the stage for potential history, as Nandi-Ndaitwah could become Namibia’s first female president. Mbumba’s announcement, atypical in African politics, emphasises his commitment to a Read More…
APC’s Fuad Laguda emerges winner in Surulere Federal Constituency I by-election
The Independent National Electoral Commission (INEC) has announced Mr. Fuad Laguda, the All Progressives Congress (APC) candidate, as the victor of the Surulere Federal Constituency I by-election in Lagos State. Laguda, who confidently asserted his aspirations to succeed Rep. Femi Gbajabiamila, expressed determination throughout the campaign, stating, “I am committed to serving the people of Read More…
Tracy Chapman and Luke Combs to perform ‘Fast Car’ at the 2024 Grammys
The 66th Annual Grammy Awards will feature a special performance by two artists from different genres: Tracy Chapman and Luke Combs. The legendary singer-songwriter and the country superstar will join forces to sing Chapman’s iconic hit “Fast Car” on the Grammy stage. “Fast Car” is a song about a young woman’s desire to escape from Read More…
Shell’s exit sparks hope for Nigerian oil sector amid risks, analysts say
Shell’s recent departure from Nigeria’s onshore oil sector is seen as a pivotal moment, raising optimism among local firms to rejuvenate production in Africa’s largest oil exporter. Industry insiders and analysts emphasise the challenges faced by oil majors in the region but foresee opportunities for indigenous companies to reverse the output decline in the Niger Read More…
The new NNPCL is professional, says Professor Bart Nnaji
By Uzor Maxim Uzoatu The Nigerian National Petroleum Company Limited is now run professionally like an efficient private sector organisation, according to a former Minister of Power, Professor Bart Nnaji, who is also a major player in the energy industry. “When the Nigerian National Petroleum Corporation (NNPC) became the Nigerian National Petroleum Company Ltd (NNPCL) Read More…
PDP Lagos State Chairman released after kidnapping ordeal
The Lagos State spokesperson of the Peoples Democratic Party (PDP), Alhaji Hakeem Amode, has confirmed the release of the kidnapped state party chairman, Mr. Philip Aivoji. Amode, the Lagos State PDP Publicity Secretary, told the News Agency of Nigeria (NAN) that Aivoji was released after spending four harrowing days in captivity. “We use this opportunity Read More…