The Week Ahead

In a week where we got an old-new anthem, Nigeria’s GDP has taken a hit. Despite showing higher growth than the same period last year, Nigeria's GDP growth has dipped compared to the previous quarter. What’s behind this fluctuation? We’ll also explore the factors that could influence Nigeria's economic performance in the coming months and pinpoint where the government might need to focus...

Conflicting reports emerged about Nigeria's Federal Government's financial status in the first quarter of 2024. We will examine what a massive budget deficit means for an already inflation-burdened country.  Then, Nigeria's Central Bank has raised interest rates yet again. We'll look at the motivations behind this decision and its potential ripple effects on the economy. Finall...

One of Nigeria's most reliable businesses, Okomu Oil Palm Plc, is facing a crisis. Recent attacks by criminal gangs have left three employees dead, raising questions about investor safety and government intervention. We explore the complexities of this situation and ask: what are the broader implications of these brazen threats on the immediate community and the country at large? Next, the Ni...

This week Nigeria's central bank asked banks in the country to charge a 0.5% cyber-security level on most transactions. Still on hitting the pockets of Nigerians, Ikeja Electric announced a reduction of its electricity tariff. Finally, we discuss what is happening in Togo as President Faure Gnassingbe looks to consolidate power for life. What is the future of democracy in that country? Suppor...

Recent attacks on the Civilian Joint Task Force (CJTF) beg the question: is the CJTF adequately equipped for the fight against insurgency? A supposed deal with shipping giant Maersk has caused a wave of confusion. Is this just a misunderstanding, or something more concerning? How will this decision impact Nigeria's attractiveness to other investors?   In Ghana, a sweet commodity is turning bi...