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.
Section
Economics
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.
Chinese zones: A modest base for Africa’s export story
Chinese industrial zones are cast as engines of Africa’s export ambitions, but the recorded jobs and investment are modest, and the zones matter more as a template than a triumph.
Industrial parks: Value-chain infrastructure, or just serviced land
Industrial parks are sold as value-chain infrastructure, but a fenced plot with power and a road is only real estate until firms cluster and a supply chain forms inside it.
Trade fairs as pipelines: turning expo handshakes into SME orders
A four-day expo can announce billions in deals. The harder question is how many of those handshakes survive contact with shipping schedules, payment terms and a small firm’s first export.