Business

President Bola Tinubu has approved a $75 million federal government investment in Flutterwave, as the Nigerian fintech giant moves closer to completing its initial public offering.  At the current official exchange rate of N1,343.64 to the dollar, that amounts to roughly N100.7 billion — about 0.15 percent of Nigeria’s entire…

Building a billion-dollar investment firm in Africa is not about hype, slogans, or chasing headlines. It is about understanding risk, spotting structural shifts early, backing the right operators, and staying patient long enough for value to emerge. Few people understand that better than Richard Okello, founder of Sango Capital. Since…

Many people see cassava as a basic food crop used for garri, fufu, and other local meals. Yemisi Iranloye saw something bigger. She saw a raw material that could power industries, replace imports, create jobs, and build a major Nigerian company. Today, she is the founder and CEO of Psaltry…

Nigeria’s stock market is closing in on a N140 trillion valuation, and the surge is driven by a renewed wave of foreign investor interest following the country’s return to Frontier Market status. For months, international investors had kept their distance. Currency volatility, capital controls, and a difficult macroeconomic environment made…

Fuel prices are a critical factor in shaping the cost of living in Africa. From transportation to inflation and household spending, the price of petrol affects everything.  In April 2026, Global Petrol Prices released a report showing significant variations in fuel prices across the continent, revealing how different governments are…