The archive
Analysis
Everything this desk has published, newest first.
Kenya: Ores and metals exports (% of merchandise exports), 2025
Ores and metals accounted for 5.1% of Kenya’s merchandise exports in 2024. No official figure for 2025 has been published yet. Food and manufactures continue to dominate the export basket.
Congo, Dem. Rep.: Food exports (% of merchandise exports), 2024
Food exports accounted for just 1% of the Democratic Republic of the Congo’s merchandise exports in the latest available data. The figure underlines the country’s continued dependence on minerals for foreign exchange earnings.
FMDA projects Nigeria’s current account surplus at $8.69bn in Q3 on stronger oil earnings
The Financial Markets Dealers Association projects Nigeria’s current account surplus will widen to $8.69 billion in the third quarter of 2026. The forecast rests on lower import demand and elevated crude oil prices after a $7.54 billion surplus in Q2.
Investors lose N110.16 billion as NGX market cap drops to N162.39 trillion
Equity investors on the Nigerian Exchange lost N110.16 billion on 7 October 2026 as market capitalisation fell to N162.39 trillion. The All-Share Index declined 0.07% to 250,096.75 points, extending a multi-day retreat.
DMO raises N968.47 billion as 364-day stop rate falls to 15.85% despite strong demand
The Debt Management Office allotted N968.47 billion at its latest Treasury bills auction, above the N900 billion on offer. Strong demand for the one-year bill pushed its stop rate down to 15.85% while shorter tenors stayed undersubscribed.
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Lagos State has withdrawn the operating licences of six PSP waste operators after capacity shortfalls.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Lagos State has withdrawn the operating licences of six PSP waste operators after capacity shortfalls.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.