Lafarge Africa Plc, a top cement and building solutions provider in Nigeria, has reported a substantial increase in revenue for the second quarter of 2025, with sales hitting N268.63 billion. …
BusinessEconomyFinance & ServicesManufacturingMarkets
The Federal Ministry of Foreign Affairs has strongly criticised the African Democratic Congress (ADC) over its recent comments on delays in ambassadorial appointments, describing the party’s statement as “false,” “insulting,” …
- BusinessEconomyEnergyMarketsOil & GasPolitics
Tinubu Meets Dangote at State House, Restates Support for African-Led Energy Market
President Bola Ahmed Tinubu on Tuesday evening received billionaire industrialist and Chairman of Dangote Group, Alhaji Aliko Dangote, at the Presidential Villa in Abuja for a private meeting, underscoring the …
- EconomyGOVERNMENTInfrastructureInsurance
Reps blame NAICOM for 25 insurance firms financial infractions
The House of Representatives has accused the National Insurance Commission (NAICOM) of failing in its regulatory role, saying the lapse allowed widespread financial infractions by 25 insurance firms operating in …
The Securities and Exchange Commission (SEC) says that Nigeria can unlock up to $500 billion in dormant agricultural and mineral assets if the country formalises the trading of commodities and …
- BusinessDangote IndustriesEnergyOil & GasTrade and CommerceWestern Africa
Dangote Cries Out Over Crude Scarcity
President of Dangote Group, Aliko Dangote, has raised alarm over challenges facing his $20 billion Dangote Refinery, including difficulty accessing crude oil from Nigerian producers, leading the facility to import …
- BusinessDigital EconomyEconomyGOVERNMENTTechnologyTrade and Commerce
Tinubu Orders National Single Window Trade Platform to Go Live by Q1 2026
President Bola Ahmed Tinubu has instructed the National Single Window (NSW) Steering Committee to ensure the full implementation of the digital trade facilitation platform by the first quarter of 2026. …
- AfricaBusiness InsightsEconomyEnergyInternational RelationsNAMIBIA
Galp to Start Talks with Potential Partners for Namibia Oil Project
Portuguese energy company Galp is now set to begin direct talks with potential partners who have shown interest in joining its oil exploration project in Namibia. The company’s Co-Chief Executive …
Botswana’s economy is facing fresh pressure as Citigroup Inc. has warned that the country may need to devalue its currency further, following a sharp drop in diamond revenues. The Bank …
- Business and EconomyHealthcareInternational RelationsINVESTMENTPolitics
Tanzania Seeks Belarus Support to Boost Local Drug Production
Tanzania has shown strong interest in working with Belarus to improve its pharmaceutical industry and reduce its reliance on imported medicines. This was made known by the Prime Minister of …