Average bus fare rises 11.6% in May – NBS

Nigeria’s Securities and Exchange Commission (SEC) has blacklisted six online trading platforms in its latest crackdown on illegal and unregistered firms purporting to offer investment and finance services and products.
FG N1.3tn subsidy debt won’t affect dividend – NNPCL

May 2 (Reuters) – Hong Kong’s economy grew 2.7% in the first quarter of 2023, John Lee, the leader of the Asian financial hub, said in a surprise announcement ahead of Tuesday’s official release of the data, to snap four consecutive quarters of contraction. Although exports continued to decline in the first quarter, faster growth in the economy of mainland China, coupled with acceleration of Hong Kong’s aviation capacity, would provide further support, Lee said. “Economy growth in the second quarter will be better than the first quarter,” he told a regular news briefing. “The economy this year will be better than last year.”
Govt’s inaction constrains growth prospects – Business leaders.

The success story of many startups in Nigeria over the years cannot be complete without funding and coaching from venture capital (VC) firms.
$500m mobilised for Nigeria’s food system transformation so far – Shettima

The African private capital market experienced a record-high volume of deals in 2022 rising by as much as 46 per cent, the African Private Capital Association (AVCA) has disclosed.