External Reserves Hit $54.08bn in 18-Year Peak

The Local Currency Bond Shift: Can the Capital Market Rescue Real-Sector Debt?

Nigeria’s premier fast-moving consumer goods manufacturers and industrial conglomerates have made an aggressive retreat from commercial banking halls, turning instead to domestic debt markets on the Nigerian Exchange (NGX) and FMDQ Securities Exchange. As a result of maximum lending rates exceeding 30 percent due to relentless monetary policy tightening by the Central Bank of Nigeria…

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Ghost Bureaus: How Rogue Parastatals Expose the Rot in Nigeria’s Public Oversight

Ghost Bureaus: How Rogue Parastatals Expose the Rot in Nigeria’s Public Oversight

The disclosure by the Independent Corrupt Practices Commission (ICPC) regarding the nationwide operations of an illegal, self-styled federal “Made-in-Nigeria” agency marks a disturbing milestone in the erosion of public administration. Operating under the name “National Brands Development and Made in Nigeria Special Project Office,” this fictitious parastatal was discovered soliciting funds from subnational governments, leasing…

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Beyond Grid Expansion: Assessing Nigeria’s Entry into the World Energy Council

Beyond Grid Expansion: Assessing Nigeria’s Entry into the World Energy Council

The formal accession of Nigeria to the World Energy Council and the simultaneous inauguration of its National Member Committee in Abuja mark a renewed diplomatic posture in the international energy arena. Chaired by Waltersmith Petroman Oil Chairman Abdulrazaq Isa, with former Nigerian National Petroleum Company Limited executive Bala Wunti as Chief Executive Officer, the new…

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Can Mobile Satellite Deployment Bridge Rural Telecom Blind Spots?

Can Mobile Satellite Deployment Bridge Rural Telecom Blind Spots?

Major pan-African telecommunications operators have entered into commercial agreements and conducted technical trials with low-Earth orbit (LEO) satellite providers to deploy direct-to-cell services and satellite-backed cellular backhaul across the continent. Commercial partnerships involving operators like MTN, Airtel, and constellation managers such as SpaceX’s Starlink and Eutelsat OneWeb mark a strategic shift in African network architecture….

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