Creative Budget: Nigeria Proposes a N1 Trillion Culture and Tourism Purse
Nigeria exports its culture for free. Afrobeats fills stadiums from Lagos to London, Nollywood is among the most prolific film industries on earth, and Nigerian fashion and food travel further than the policies meant to support them. Yet the sector that the world...
Creative Budget: Nigeria Proposes a N1 Trillion Culture and Tourism Purse
Nigeria exports its culture for free. Afrobeats fills stadiums from Lagos to London, Nollywood is among the most prolific film industries on earth, and Nigerian fashion and food travel further than the policies meant to support them. Yet the sector that the world...
Box Office: Naira Stability Lifts Nigeria’s Cinema Ticket Sales
Discretionary spending is usually the first thing to go when a currency is unsteady, and a cinema ticket is about as discretionary as spending gets. So the direction of travel in early 2026 is worth noting: Nigerian cinema chains reported higher ticket sales in the...
Frontier Status: Index Providers Reclassify Nigeria to Court Passive Funds
Getting on the map can matter as much as where you sit on it. For years Nigeria's equity market lived in an awkward category for global investors, large enough to notice but treated as standalone, outside the benchmarks that route passive money automatically....
Mortgages: FMBN Moves to Widen Single-Digit Home Loans via the NHF
Nigeria's housing shortfall is measured in millions of units, yet the country's mortgage market remains one of the smallest relative to its economy anywhere on the continent. The reason is price: at commercial lending rates, a home loan is out of reach for the...
This Month’s Issue
The Discipline Dividend
How Nigeria is trading looseness for rules – and why the operators who read the new hard rails first will own the next West African cycle.
- 01 Diamba Sud: How a Senegalese Gold Field Re-Rates the Region
- 02 Recapitalisation: Nigeria’s Banks Raise ₦4.65tn to Rebuild Their Capital Base
- 03 Policy Rate: Why the CBN Trimmed to 26.5% – and What It Signals
Creative Budget: Nigeria Proposes a N1 Trillion Culture and Tourism Purse
Nigeria proposes a ₦1 trillion creative and tourism budget for 2026 to become Africa’s cultural hub. Why allocation, not the headline, will decide its impact.
Box Office: Naira Stability Lifts Nigeria’s Cinema Ticket Sales
Nigerian cinema chains reported higher Q1 2026 ticket sales, crediting naira stability and pent-up demand, turning the box office into a confidence gauge.
Frontier Status: Index Providers Reclassify Nigeria to Court Passive Funds
Index providers reclassified Nigeria to frontier-market status, opening the NGX to passive fund inflows while flagging limited liquidity as the constraint.
Economics
Creative Budget: Nigeria Proposes a N1 Trillion Culture and Tourism Purse
Nigeria exports its culture for free. Afrobeats fills stadiums from Lagos to London, Nollywood is among the most prolific film industries on earth, and Nigerian fashion and food travel further than the policies meant to support them. Yet the sector that the world...
Frontier Status: Index Providers Reclassify Nigeria to Court Passive Funds
Getting on the map can matter as much as where you sit on it. For years Nigeria's equity market lived in an awkward category for global investors, large enough to notice but treated as standalone, outside the benchmarks that route passive money automatically....
Milestone: NGX Market Value Crosses N100 Trillion on an Early-Year Rally
A market can climb on the strength of a few names while most of its listings stand still, and a headline figure can hide more than it reveals. That is the caution worth carrying into the Nigerian Exchange's early-2026 milestone: by 5 January 2026 NGX market...
Money
Central Banker Doubts 4.2% Growth as Diamond Sales Collapse
Money - Banking · Editorial By Moakanyi Magazine · June 2026 Botswana built one of Africa's steadiest macro records on a single asset, and that same concentration is now the risk. In June 2024 a senior central-bank official warned that the country could fall...
How Governance Impacts Regional Trade Policies
Governance plays a pivotal role in shaping regional trade policies, influencing everything from cross-border commerce to economic integration. In Southern Africa, where regional trade is a key driver of growth, effective governance ensures that trade policies are...
The Role of Digital Transformation in Public Services
Digital transformation is revolutionizing public service delivery worldwide, and Southern Africa is no exception. Governments in the region are leveraging technology to enhance efficiency, transparency, and accessibility in their interactions with citizens. By...
Lifestyle
Box Office: Naira Stability Lifts Nigeria’s Cinema Ticket Sales
Discretionary spending is usually the first thing to go when a currency is unsteady, and a cinema ticket is about as discretionary as spending gets. So the direction of travel in early 2026 is worth noting: Nigerian cinema chains reported higher ticket sales in the...
National Theatre: Lawmakers Press Abuja to Reopen Lagos’ Cultural Landmark
Nigeria exports its culture more efficiently than it houses it. Nollywood films, Afrobeats and Lagos creatives reach global audiences while the country's flagship cultural venue, the National Theatre in Iganmu, has spent years dark and underused. That gap, a...
Diamba Sud gold project in Senegal — lived-economy effect why it matters for investors
A gold project is priced in ounces and dollars, but it is lived in something else entirely, in roads, rents, rooms and the daily rhythm of a place that was quiet before the machines arrived. Senegal is about to test that distance again. Fortuna Mining said this week...
Creative Budget: Nigeria Proposes a N1 Trillion Culture and Tourism Purse
Nigeria proposes a ₦1 trillion creative and tourism budget for 2026 to become Africa’s cultural hub. Why allocation, not the headline, will decide its impact.
Frontier Status: Index Providers Reclassify Nigeria to Court Passive Funds
Index providers reclassified Nigeria to frontier-market status, opening the NGX to passive fund inflows while flagging limited liquidity as the constraint.
Milestone: NGX Market Value Crosses N100 Trillion on an Early-Year Rally
NGX market capitalisation rose above ₦100 trillion by 5 January 2026 on an early-year large-cap rally concentrated in a few sectors.
Import Relief: CBN Lets Firms Use Expired NAFDAC Licences for Form M
The CBN granted temporary relief letting Nigerian importers use expired NAFDAC licences for Form M until 28 February 2026, easing import bottlenecks.
Diamba Sud gold project in Senegal — regional opportunity why it matters for investors
Fortuna’s near-$400m Diamba Sud project moving to a permit decision resets the regional benchmark as coastal West Africa competes for gold mining capital.
Diamba Sud gold project in Senegal — market impact how the market shifts for investors
Fortuna’s near-$400m Diamba Sud gold project, with permit expected within weeks and 230,000 oz peak output, reshapes supplier and cost calculations in Senegal.
From Strategic Thought To Decisive Action.
Moakanyi reports the market. The wider Cabanga ecosystem
helps you lead it — media, infrastructure and growth, one system.
Intelligence
Business media across Africa’s real economy.
Infrastructure
Websites engineered as your headquarters.
Growth
Marketing that turns visibility into revenue.
04
ACADEMY
The Digital Navigator Certification.
Two-Factor: CBN Orders Multi-Factor Authentication on All E-Transfers
The CBN orders banks and fintechs to apply multi-factor authentication to all electronic transfers in Nigeria, making strong verification the default.
Watchlist: CBN Builds a Temporary BVN Flag for Suspicious Accounts
The CBN’s Temporary Watchlist flags BVNs tied to suspicious activity so Nigerian banks can limit services pending investigation, closing a fraud escape route.
Diamba Sud gold project in Senegal — leadership lesson the business case for investors
Fortuna’s near-US$400m Diamba Sud gold project nears its Senegal construction permit. What the market, suppliers and operators should read into the leadership
China-Africa Expos: When Headline Deal Values Outrun Signed Contracts
The Changsha expo closed with US$11.4 billion in signed projects and a further US$43 billion merely announced. The gap between the two numbers is the story.
Sports Revival Faces Gear Shortages
Schools have restarted sports but are short of equipment pending ministry approval – a small bottleneck that retailers and grant programmes are placed to clear.
Book Review: Pin The Location – Find, Convert & Keep Customers, Anywhere!
Author: Oscar Habeenzu Published: June 2023 Publisher: BehaviourReport.com Pages: 42 The Geography of Digital Customer Acquisition In an era where businesses obsess over the latest marketing automation tools and AI-driven personalization, Oscar Habeenzu's Pin The...