Author: Press Room

In SummaryThe African capital market has a market capitalization of about $2 trillion, representing more than 60% of the continent’s $3.1 trillion GDP.As of 2025, Africa hosts over thirty stock exchanges, with 1,100 companies listed in the stock exchange market.Africa’s equity markets account for less than 10% of annual capital flows, which include foreign direct investment and remittances, on the continent.Deep Dive!!Development Finance Institutions (DFIs) have long played a catalytic role in shaping Africa’s economic trajectory. As the continent grapples with deepening climate vulnerabilities, infrastructure gaps, and youth unemployment, DFIs are evolving beyond traditional mandates.According to reports, the African capital…

Okiki Adeduyite The First Lady of Nigeria, Senator Oluremi Tinubu, has issued a heartfelt message on the occasion of World Health Day 2025, emphasising the critical importance of investing in maternal and newborn health as a cornerstone of sustainable development. This was contained in a statement released on Monday by the First Lady’s media aide, Busola Kukoyi. Tinubu highlighted the alarming reality that many women and newborns still lose their lives each day due to preventable complications during pregnancy, childbirth, and the postnatal period. She said, “As we commemorate World Health Day 2025, with the theme, ‘Healthy Beginnings, Hopeful Futures,’ let us…

Photo Credit: Nicki Minaj/Instagram Nicki Minaj has been crowned the best female rapper of all time by Billboard, and it’s no surprise – her reign has been nothing short of legendary. Billboard considered several factors when compiling their list: charted singles, album certifications, cultural impact, longevity, storytelling ability, and vocal flow. Minaj’s achievements are remarkable. She became the first female rapper to surpass triple-digit Billboard Hot 100 hits in 2018, and her ‘Pink Friday 2 World’ Tour became the highest-grossing tour ever for a female rapper. Minaj has released a series of iconic albums, starting with ‘Pink Friday,’ which topped…

The Olubadan Advisory Council has reinstated Olawale Oladoja Akinsola as the Mogaji of Akinsola Family Compound in the Labiran area of Ibadan, Oyo State. Akinsola’s appointment was earlier revoked on March 12, 2024, over allegations of sealing more than 200 houses in Labinkulu, Aponmode, Isagunna and other communities in Akinyele Local Government Area in 2023. His reinstatement was confirmed in a statement on Tuesday by Gbenga Ayoade, Chief Press Secretary to the Olubadan of Ibadanland, Oba Owolabi Olakulehin. According to the statement, the letter of reinstatement was signed by the Clerk to the Olubadan Advisory Council, Kolawole Balogun, and conveyed…

Galatasaray’s Vice President, Abdullah Kavukcu, has spoken about the future of Super Eagles striker, Victor Osimhen, hinting that the Nigerian could stay in Turkey beyond this summer, Soccernet.ng reports. The former LOSC Lille striker joined the Turkish Champions on loan from Napoli in September. The move stunned many, as it was widely expected that Osimhen would make a big-money move to a club with a bigger stature. However, his time in Galatasaray has been an enormous success. Okan Buruk’s side are poised to become league champions, while Osimhen has scored 28 goals and provided five assists in 32 games for…

The Nigerian Communications Commission has proposed a 12-month grace period for subscribers to reclaim unused airtime on deactivated lines. The proposal was disclosed during a virtual stakeholder engagement forum held in Abuja on Tuesday. The Executive Vice Chairman/CEO of the NCC, Dr Aminu Maida, who was represented by the Executive Commissioner for Stakeholder Management, Rimini Makama, said the initiative is part of efforts to balance consumer rights with operational realities in the telecommunications sector. Maida said the telecommunications industry has played a significant role in driving economic growth, financial inclusion, and digital transformation in Nigeria. According to him, the prevalence…

Nigerian midfielder Christantus Uche has been key in inspiring Getafe to match Paris Saint-Germain’s stunning away form in 2025, Soccernet.ng reports. Spain’s Getafe and French champions PSG lead Europe’s top five leagues with six away victories each this calendar year, as per Marca. The 4-0 win at Real Valladolid on April 6 was Getafe’s sixth La Liga away win of the year – a remarkable record matched only by Luis Enrique’s PSG. No other team in the Premier League, La Liga, Bundesliga, Serie A, or Ligue 1 has managed that tally. Nigeria and Getafe midfielder Christantus Uche. Photo by IMAGO…

Makua Ubanagu The April Project Outreach has raised concerns about the worsening environmental conditions in the Amuwo-Odofin and Festac axis of Lagos, describing the situation as a ticking time bomb. In a statement issued by the group on Monday, it was revealed that the communities are gradually “sinking under the weight of their own waste,” attributing the problem to long-standing neglect, widespread indiscipline, and poor waste disposal practices. “Drainage systems originally designed to manage liquid waste are now being treated as dumping grounds for plastic, food waste, construction debris, and other non-biodegradable materials. “These harmful practices have clogged our waterways,…

Afrobeats superstar David Adeleke, popularly known as Davido has weighed in on the ongoing conversation surrounding Nigeria’s so-called ‘Big 3’, himself, Wizkid, and Burna Boy, saying the culture has grown far beyond the trio. In an interview with The Breakfast Club which started trending on Tuesday, the Unavailable crooner clarified that while he doesn’t maintain a personal relationship with either artiste at the moment, he believes the focus should shift from rivalry to unity for the growth of the genre. “I don’t have a personal relationship with them. I did at some point in time. But I feel like the…

Sevilla striker Akor Adams will miss the rest of the 2024/25 campaign after suffering a serious thigh injury during the recent 2-1 defeat to Atlético Madrid, Soccernet.ng reports. The 25-year-old Nigerian forward, who joined from Montpellier in January for €5.5m, has been sidelined with a rectus femoris muscle injury in his right thigh. The club has confirmed he faces a minimum of two months out, effectively ending his season, as per AS. “Adams will begin his recovery process this Wednesday,” Sevilla’s medical team confirmed in a statement. Nigeria and Sevilla striker Akor Adams. Photo by IMAGO The injury is…