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Intraday Update: Nigerian Stocks Up +0.08% on Gains in Consumer, Oil & Gas Counters

October 16, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange all-share index (NSEASI) as at midday Tuesday is up +0.08 percent and driven by gains in the Consumer Goods, Oil… Read more »

African Legal Support Facility Launches Academy Project

October 16, 2018/AfDB The African Legal Support Facility (ALSF) ( has launched a flagship initiative, the “ALSF Academy Project.” Under this initiative, the ALSF has developed a three-level capacity building… Read more »

A Robust Surplus On The Current Account

Culled—Proshare October 16, 2018/FBNQuest Research  In Q2 2018 Nigeria’s current-account surplus widened from the equivalent of 3.8% of GDP in Q1 to 5.7%, and was the highest in value terms… Read more »

Africa Oil Week’s Content-Rich Programme Has Expanded

October 16, 2018/Africa Oil Week Africa Oil Week (, the leading international oil and gas event set to take place in Cape Town, South Africa on the 5 – 9… Read more »

Headline Inflation Sustained Uptick in September Albeit Slower than Expected

October 16, 2018/Cordros Update The National Bureau of Statistics (NBS) just published September 2018 inflation report, showing that Nigeria’s headline consumer price index sustained uptick for the second consecutive month…. Read more »

The Rockefeller Foundation and EPIC-Africa launch the first African CSO Excellence Awards

October 16, 2018/EPIC Africa The Awards highlight the importance of organizational capacity for civil society organizations to achieve program impact. Civil Society Organizations (CSOs) are awarded for excellence across eight… Read more »

How Technology is helping to Increase Access to Financial Services in Nigeria

October 16, 2018 By Feranmi Ajuwon One of the most critical drivers of economic growth is financial inclusion. This is because access to financial services have so far been proven… Read more »

Nigeria’s Inflation Rises Second Straight Month to 11.28% in September 2018

October 16, 2018 By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s inflation rate has risen for the second consecutive month from 11.23 percent in August to 11.28 percent in September 2018, according… Read more »

Microsoft Cofounder Paul Allen Dies at 65 after Battle with Cancer

16/10/2018/Market Insider Paul Allen, who cofounded Microsoft with Bill Gates, died Monday afternoon after a battle with non-Hodgkin’s lymphoma, his family confirmed to Business Insider. He was 65. Allen, a… Read more »

Dangote introduces new cement brand

October 16, 2018/Punch Maureen Ihua-Maduenyi Dangote Cement Plc on Monday unveiled a new brand of its product known as the Dangote BlocMaster, a 42.5 grade cement. The Group Managing Director,… Read more »