Category : Search result: West African market


Fire Destroys Sabuwar Lale Furniture Market in Kano

A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.

AFCON moves to four-year cycle after 2028 edition

The Confederation of African Football ends the biennial Africa Cup of Nations. The tournament will switch to a four-year cycle after 2028, with a new annual Nations League to boost revenue.

Nigerian Stock Market Gains N245 Billion

The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.

Naira Rate Gap Widens as Dollar Demand Rises

The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.

10 African Countries Never Qualified for AFCON

A soccer enthusiast has listed the 10 African countries that have never qualified for the AFCON tournament since its inception in 1957. Discover the surprising list and fan reactions.

Nigerian Equities Market Gains N997bn in Week

The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.

Naira Falls as CBN Releases New FX Rate, Gap Widens

The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.

Africa Embraces Global-Standard Heritage Preservation

African institutions are partnering with the Arctic World Archive to safeguard priceless historical and digital records. This strategic move protects heritage and boosts global influence. Discover how Africa is securing its place in world memory.

Major Fire Guts Jabi Wood Market in Abuja

A devastating fire destroyed the popular Jabi Wood Market in Abuja early Wednesday. Traders lost millions in property. No casualties reported. Read more on the response and calls for aid.

SEC Nigeria's Reforms Fuel Historic Market Growth

The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.

Nigeria Capital Market Shifts to T+2 Settlement Cycle

Nigeria's capital market transitions to T+2 settlement cycle, signaling global readiness and enhancing investor confidence. Learn how this reform positions Nigeria for international competitiveness.

Africa's First Scholarly Referencing System Unveiled

Professor Peter Okebukola unveils ASRS, Africa's first homegrown citation framework. This breakthrough promotes intellectual sovereignty and global recognition for African scholarship. Join the movement!

Entertainment Week Africa 2025 Transforms Lagos

Lagos hosted Entertainment Week Africa 2025 from November 18-23, featuring fashion runways, film screenings, music performances and tech expos. Discover how Africa's creative economy is evolving.

TFAA 2025 Honours Young African Achievers

The Future Awards Africa 2025 celebrated young innovators and leaders shaping the continent's destiny. Discover the winners and their inspiring stories!

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