Pension reforms are expected to transform the lives of Nigerians but capital markets need to be transformed to cope with the accumulation of liquidity created as a result. Nick Kochan reports.

Public and private sector banks have been restructured on the long journey to banking sector reform, but major challenges remain, writes Nadine Marroushi.

Ndi Okereke-Onyiuke, director-general of the Nigerian Stock Exchange, tells Nick Kochan of her mission to convince local businesses to float their firms publicly.

The number of players in Nigeria’s banking sector is falling again as a desire to maintain a top 10 listing, as well as a nationwide presence, pushes a new wave of mergers, writes Nick Kochan.

Africa is changing and it is not just $11.7bn of Chinese investment in recent years that is making a difference. Nigeria’s banks are bulking up as a result of central bank governor Charles Soludo’s new capital requirements, and are becoming bigger and stronger through multiple mergers and acquisitions.

Africa does not have a monopoly on transaction snarl-ups, as those engaged in the credit derivatives markets in recent years are fully aware.

The great Africa opportunity awaits and it could involve higher growth in output and profits than the world has ever seen before.

A 10-fold increase in bilateral trade means China is set to eclipse Europe and the US as the main foreign actor in Africa.

In an oversaturated commodities market, Renaissance Capital is branching out into Africa. Ben Aris reports.

China provides an example of growth-driven modernisation that Africans can aspire to, writes Kevin Godier.