The Bank of Ghana (BoG) has introduced fresh measures to control the way large companies withdraw foreign currency from banks, following growing concern that the practice was putting pressure on …
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Malawi Begins Clearing 100,000 Passport Backlog
After years of frustration and long delays, Malawians can finally breathe a sigh of relief as the government has started clearing a massive passport backlog that left thousands stranded without …
- ConflictDiplomacyHuman RightsInternationalMediaMiddle east
Al Jazeera Cameraman Killed in Israeli Strike on Gaza Medical Complex
Al Jazeera has confirmed the death of its photojournalist and cameraman, Mohammad Salama, who was killed in an Israeli strike on a medical complex in Gaza on Monday. The attack …
- EconomyEnergyGovernanceInfrastructurePower Sector
NERC Hands Over Bayelsa Electricity Market to State Regulator
The Nigerian Electricity Regulatory Commission (NERC) has officially transferred regulatory oversight of the electricity market in Bayelsa State to the Bayelsa State Electricity Regulatory Agency (BYERA), marking another major step …
- DemocracyGovernanceLeadershipPolitics
Governor Alia Hails Alfred Emberga as New Benue Speaker, Pledges Support for Assembly
Governor Hyacinth Alia has congratulated Alfred Emberga on his emergence as the new Speaker of the Benue State House of Assembly following an emergency plenary held in Makurdi on Sunday, …
- BankingBusinessCapital MarketEconomyFinancial InclusionINVESTMENT
Wema Bank Surpasses Recapitalisation Target with N157bn Rights Issue
Wema Bank Plc has announced that it has successfully exceeded its recapitalisation target after raising N157bn through the first phase of its capital-raising exercise. The funds were secured from a …
- AfricaBusinessEconomyFinanceInsuranceINVESTMENT
Africa Re Records $102m Profit as Premiums Grow 15% in First Half of 2025
The African Reinsurance Corporation has reported a strong financial performance for the first half of 2025, with Gross Written Premium rising by 15.31 per cent to $644.30 million, up from …
- EconomyFinance & ServicesLabourNigeriaPensionRegulation
Pension Fund Operators Urge Workers to Update Records for Seamless Retirement Payments
The Pension Fund Operators of Nigeria (PenOp) has advised all participants in the Contributory Pension Scheme (CPS) to take part in the ongoing Data Recapture Exercise (DRE), stressing that the …
- BusinessEconomyInsuranceYouth Empowerment
Heirs Insurance Unveils N5m Retirement Grant for Senior Citizens
Heirs Insurance Group has launched a ₦5 million grant scheme to support retirees and pre-retirees in achieving their long-held retirement aspirations. The initiative, called the Heirs Insurance Retirement Dream Competition, …
- BusinessEconomyEnergyInfrastructureOil & GasTransportation
Dangote Refinery Set to Begin Direct Fuel Distribution with 1,000 CNG Trucks
Barring any last-minute change, the Dangote Petroleum Refinery is set to begin its direct fuel distribution scheme soon as 1,000 Compressed Natural Gas-powered trucks ordered for the project have arrived …