AETAS LF

Between 2004 and 2014, Nigeria experienced something close to an economic miracle. The economy expanded at an average annual rate of between six and seven percent. Nigerian banks expanded aggressively across Africa...

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Gold replaces US Treasuries as world’s top reserve asset, ECB says Historic bullion rally boosts metal’s share of reserves to 27% while central banks diversify away from dollar

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aetasLF (@digitalvirtue.bsky.social) https://businessday.ng/news/article/nigerias-listed-corporations-face-capital-access-risks-amid-growing-esg-divide/

Nigeria’s banking sector received a major confidence boost on Thursday as global ratings agency S&P Global upgraded the long-term ratings of seven Nigerian banks following an improvement in the country’s sovereign credit outlook...

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Aliko Dangote, president and CEO of Dangote Group, said his flagship refinery has received investor requests worth nearly $2 billion for a planned private placement that would precede the project's initial public offering, as the company presses ahead with preparations for what would rank among the largest capital market events in Nigerian history.

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Nigeria is producing some of Africa’s biggest technology companies, but the country is losing the biggest financial rewards to foreign markets as startups increasingly choose overseas IPOs and offshore exits instead of listing locally.

From fintech giants to e-commerce platforms and digital payment companies, Nigerian startups are attracting billions of dollars in foreign investment and serving millions of users across Africa.

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Olusoji Elias + Company (Counsel), London & Lagos — semi~autonomous inhouse legal at AETAS LF — mentions formal strategic partnering invited by Messrs Hilong Marine Group of Hong Kong & Shanghai in fulfilling their upstream energy sector — including renewables — ambitions in Nigeria

Dangote Cement’s planned London listing is more than a fundraising move; it is a test of whether Nigerian companies are systematically undervalued because of FX volatility, governance concerns, and frontier-market risk perceptions.

At the centre of the debate is a growing question among global investors: does the market properly price Nigerian industrial champions, or does it apply a persistent “Nigeria discount” that suppresses valuations regardless of performance, scale, or profitability?

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