MTN Uganda has announced a strong financial performance in the first half of 2025, showing double-digit growth in revenue despite a dip in profit due to a significant one-off tax …
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- AfricaCentral BankingCurrencyEconomyFinanceMining
Africa’s Central Banks Boost Gold Holdings for Stability
Central banks across sub-Saharan Africa are ramping up gold purchases in a bid to protect their economies from global financial instability and rising geopolitical tensions. Ghana is leading this shift, …
- Banking, Finance & InvestmentBusinessFinancial InclusionFintechInnovationInternational RelationsNigeriaTechnology
FirstBank Champions Inclusion and Digital Innovation at Canada-Africa Fintech Summit
FirstBank of Nigeria has reaffirmed its leadership role in driving financial inclusion and digital innovation by sponsoring the Canada-Africa Fintech Summit (CAFS) 2025. The bank said in a statement on …
- BusinessCapital MarketEnergyInfrastructureNigeriaPower SectorState News
Elektron Finance Launches N200bn Bond Programme
Elektron Finance SPV Plc, a funding vehicle fully owned by Elektron Energy Development Strategies Limited, has launched a N200bn bond issuance programme and successfully completed its debut N4.64bn Series 1 …
- AgricultureEconomyInternational MarketsRural DevelopmentTANZANIATechnologyTrade
Tanzania Sesame Trade Hits 200,000-Tonne Milestone
Tanzania has crossed a major milestone in its sesame trade, recording over 200,000 tonnes of sesame traded through the Tanzania Mercantile Exchange (TMX), the state-backed digital commodity auction platform. The …
- BusinessCorporate Social Responsibility,DevelopmentEconomyNigeriaYouth Empowerment
Nestlé Expands Empowering Rural Women Programme to Agbara
Nestlé Nigeria has extended its flagship initiative, Nestlé Empowering Rural Women in Nigeria, to Agbara, Ogun State, welcoming 49 new female entrepreneurs into the programme. The scheme, now in its …
- BusinessCorporate EarningsFinanceInsuranceNewsNigeria
FBS Reinsurance Grows Insurance Revenue by 85% to N50.9bn in 2024
FBS Reinsurance Limited, an indigenous player in Nigeria’s insurance sector, has reported a strong financial performance for the 2024 financial year, with insurance revenue rising by 85 per cent to …
- AwardsBusinessCorporate EarningsFinance & ServicesInsuranceLeadershipLeadwayNigeria
AIICO, Leadway, NEM, Others Make 2025 Almond Insurance Industry
The Nigerian insurance industry is set for another major celebration as top companies and industry leaders have been shortlisted for the 2025 Almond Insurance Industry Awards. The nominees were officially …
- Business and EconomyCommoditiesFinanceGhanaINVESTMENTStock MarketTelecommunications
Ghana Stock Exchange Soars Past GH¢150bn Mark
The Ghana Stock Exchange (GSE) has recorded a historic breakthrough, surpassing GH¢150 billion in total market capitalization for the first time in 2025. The milestone came after a strong five-day …
- DevelopmentInfrastructureInnovationNigeriaPublic HealthPublic SafetyTechnology
Harnessing Wearable Technology to Improve Construction Safety in Nigeria
In Nigeria, many construction workers face daily dangers due to poor enforcement of safety rules and limited resources on worksites. Fatal accidents remain high, especially where heavy machines operate in …