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AU Launches African Credit Rating Agency in Mauritius
The African Union has launched the Africa Credit Rating Agency in Port Louis. The independent body aims to provide Africa-focused credit assessments for sovereigns, institutions and companies, with first ratings expected in early 2027.
Playing the devil’s advocate: Should Nigeria rethink its refineries?
Lagos State has withdrawn the operating licences of six PSP waste operators after capacity shortfalls. One exited voluntarily; five were terminated. Service continuity has been promised.
GTCO, Stanbic IBTC and PZ reveal dates for dividends qualifications
Three NGX-listed companies have set October qualification dates for dividends ranging from N1 to N4.50 per share. PZ Cussons will pay a final dividend while GTCO and Stanbic IBTC will pay interim dividends.
Lagos withdraws licences of six PSP waste operators
Lagos State has withdrawn the operating licences of six PSP waste operators after capacity shortfalls. One exited voluntarily; five were terminated. Service continuity has been promised.
TenTrade brings traders and mentors together to build a community of shared learning in Lagos
TenTrade is bringing traders and mentors together in Lagos on 7 November for a free seminar focused on shared learning, risk management and professional trading frameworks.
NGX sheds N256 billion as five-day losing streak deepens
The NGX lost N256 billion on Tuesday, extending its losing streak to five sessions, even as the index's year-to-date gain remains above 60%.
We have to balance long-term investments with subscribers’ current liquidity needs – Ihechere, MD/CEO, Trustfund Pensions
Trustfund Pensions CEO Uche Ihechere says Nigeria's pension funds must balance long-term growth with retirees' present-day liquidity needs — here's what that balance looks like after the industry's recapitalisation.
WORLD IN BRIEF: France to close 500 schools amid protests, 12-year-old killed in Baltimore shooting, Cameroon secures $391m World Bank loan and other stories
World news in brief covers France’s school protests, a deadly Baltimore shooting, renewed Tigray fighting, Congo’s Ebola crisis and Cameroon’s $391m World Bank loan.
AfDB moves to help African countries improve credit ratings, cut borrowing costs
The AfDB is launching an initiative to fix the data gaps driving up African borrowing costs — only 3 of 54 countries currently hold investment-grade ratings.
Dangote and Ruto break ground on $16bn Kenyan refinery
Dangote and Kenyan President Ruto broke ground on a $16bn Lamu refinery, despite an active land dispute — here's what the project aims to deliver by 2030.
Anthropic targets November IPO at $1.8 trillion to $2 trillion valuation
Anthropic is targeting a November IPO at a $1.8–2 trillion valuation — among the largest listings ever attempted. Here's what's driving it, and what it means beyond Silicon Valley.
LPRA to Showcase Liberia’s 2026 Offshore Licensing Round in Cape Town
Liberia will showcase 29 offshore blocks and 80,000+ km² of seismic data at AEW 2026 in Cape Town — here's what's behind its new licensing push.