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Paul Kagame’s vote share grew by 0.3% according to the National Electoral Commission (NEC). The NEC revealed that Kagame maintained his lead in the presidential election with 99.18% of the …

The Federal High Court, Lagos Division, has ruled that minority shareholders of Oando Plc cannot be compelled to sell their shares against their will. The verdict was delivered by Justice …

Swedish appliance giant Electrolux announced on Thursday its decision to divest its water heater business in South Africa. The transaction, valued at approximately 1.4 billion crowns ($132.69 million), marks a …

Mr. Aliyu Aboki, the Executive Secretary of the West African Telecommunications Regulators’ Assembly (WATRA), emphasized that Fintech, E-commerce, and Digital Marketing significantly drove an 80% growth rate in the telecoms …

Tanzanian President Samia Suluhu Hassan recently addressed the significant challenges hindering intra-Africa trade, calling for concerted efforts to remove these barriers and boost economic integration across the continent. Speaking at …

Egypt has unveiled a significant investment in its oil industry for the 2024/2025 fiscal year, with plans to inject $1.2 billion into drilling 110 exploratory wells. Minister of Petroleum and …

The 19th edition of the India Africa Business Conclave is set to take place next month, aiming to catalyze Africa’s growth and highlighting the crucial role of the India-Africa partnership …

Africa’s wealthiest man, Aliko Dangote, surprised many Nigerians by revealing that he does not possess property outside the country. Instead, he stated that he owns residences in his hometown of …

The Federal, State, and Local Governments received an increased monthly disbursement of over N200 billion, rising from N1.143 trillion in June to N1.354 trillion in July 2024. The Federation Account …

The latest World Economic Outlook from the International Monetary Fund (IMF) predicts a 3% growth rate for Nigeria in 2025, slightly lower than the 3.1% forecasted for 2024. However, this …