Tony Elumelu Foundation Annual Grant 2026: Funding African Entrepreneurs.

The Tony Elumelu Foundation (TEF) has officially announced the opening dates for its flagship 2026 Annual Grant program, reinforcing its decade-long commitment to catalyzing African entrepreneurship. Applications for the highly competitive program will be accepted from January 1 to March 1, 2026.   Widely recognized as one of the continent’s most comprehensive entrepreneurship support initiatives,…

Read More

Nigeria Records N940bn Export Decline Amid U.S. Tariff Shift, Trade Balance Reverses.

Nigeria’s trade balance with the United States swung sharply into deficit in the first nine months of 2025, as exports fell by nearly N941 billion and imports more than doubled, according to foreign trade data from the National Bureau of Statistics (NBS).   The figures reveal a dramatic reversal from the same period in 2024,…

Read More

Nigeria Sovereign Investment Authority Crosses $3 Billion Asset Milestone.

The Nigeria Sovereign Investment Authority (NSIA) has surpassed the $3 billion mark in total assets, signaling a maturation from its foundational mandate as a stabilization fund into a sophisticated architect of national economic systems. Established over a decade ago by an Act of Parliament to manage Nigeria’s sovereign wealth, the Authority has evolved into a…

Read More

IPMAN eyes refinery ownership, orders members to buy Dangote fuel.

The Independent Petroleum Marketers Association of Nigeria has revealed plans to venture into refinery ownership, subject to regulatory approval, as part of efforts to deepen domestic refining and reduce Nigeria’s reliance on imported petroleum products.   The association also directed its members nationwide to prioritize the purchase of Premium Motor Spirit from the Dangote Petroleum…

Read More

Can Germany’s Spending Push Lift Europe Out of America’s Shadow?

European markets have spent much of the past year trailing the United States, and investors are now pinning their hopes on a potential spending surge in Germany to change the narrative in 2026. As the European Union’s largest economy, Germany’s fiscal choices are seen as pivotal—but markets want proof that promised spending will translate into…

Read More

Mitchell Elegbe (Profile), Founder & CEO, Interswitch

Mitchell Elegbe Mitchell Elegbe is a Nigerian entrepreneur whose contribution to the banking sector and financial technology (Fintech) has revolutionised payment and money matters in Nigeria. He operated Interswitch as its Group Managing Director and a member of the board of directors where Interswitch has impressively diversified its business, and entered new markets throughout Africa,…

Read More

Rachael Popoola

Rachael Popoola A vastly experienced research, analytics and strategy development expert, Rachael Popoola holds the position of Senior Manager (Insights for Africa Innovation) in Diageo Company, UK. Her prior contributions at Guinness Nigeria (a Diageo subsidiary) have led to significant improvements especially in re-engineering business strategy to focus on markets with high “SoP” for enhanced…

Read More

Owoeye Oluseyi Stephen

Owoeye Oluseyi Stephen Dr. Owoeye Oluseyi Stephen is an outstanding financial controller with years of experience at the top levels of the accounting profession in Nigeria. He is the current Managing Director and Chief Executive Officer of Preciousgate Technologies Limited, which was birthed in the month of October 2020. The company represents one of the…

Read More