Nigeria’s wine industry is experiencing a major shift, with sweet wines now dominating consumer preferences—thanks largely to younger Nigerians. The market, currently valued between $400 million and $420 million yearly, …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
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Nigeria, Netherlands Begin Talks to Review Double Taxation Deal in Line with New Tax Laws
The Federal Inland Revenue Service (FIRS) has officially started discussions with the Kingdom of the Netherlands to renegotiate the existing Double Taxation Agreement (DTA) between the two countries. The fresh …
- Banking, Finance & InvestmentEconomyInsuranceINVESTMENTManufacturing & Consumer GoodsMarketsNigeria
NGX Opens Week Strong with N193bn Gain
The Nigerian stock market started the week with a positive push, as the Nigerian Exchange Limited (NGX) recorded a significant boost on Monday, July 7, 2025. The All-Share Index (ASI) …
- GOVERNMENTInternational RelationsSecurityWestern Africa
West African Nations Sign Historic Lomé Declaration on Refugee Protection and National Security
Ministers from Togo, Benin, Burkina Faso, Côte d’Ivoire, and Ghana have signed a landmark agreement to strengthen both national security and refugee protection in West Africa. The joint declaration, signed …
- BusinessEconomyEducationInnovationTechnologyTOGOWestern Africa
Togolese Business Leaders Trained on Artificial Intelligence in Lomé
Over 80 top executives from across Togo’s business sectors participated in a special training session on artificial intelligence (AI) held in Lomé from July 1 to 3, 2025. The programme, …
ECP Kenya Limited, a Nairobi-based investment firm affiliated with Washington-headquartered Emerging Capital Partners (ECP), has filed for voluntary liquidation, officially ending its operations in Kenya. The company, once famous for …
- BusinessEastern AfricaEconomyInsuranceKenyaMarkets
UAP Insurance Quits South Sudan Market, Pledges to Honour Existing Policies
UAP Insurance South Sudan, a subsidiary of UAP Old Mutual Holdings, has officially withdrawn from the South Sudan insurance market, marking the end of its 19-year operations in the country. …
- EconomyGOVERNMENTInfrastructureTransportation & Logisitics
FG Weighs Carter Bridge Replacement Over Costly Repairs
The Federal Government is currently considering two major options for the rehabilitation of the aging Carter Bridge in Lagos: a complete replacement of the bridge with a modern cable-stayed structure …
- BusinessDevelopmentGOVERNMENTNigeriaPoliciesReal Estate
Lagos Declares Real Estate Practice Without LASRERA Registration Illegal
The Lagos State Government has declared it illegal for anyone to operate in the real estate sector without proper registration with the Lagos State Real Estate Regulatory Authority (LASRERA). The …
- ELECTRICITYEnvironmentInfrastructureNigeria
Storm Damages IBEDC Infrastructure, 40 Ibadan Communities
About 40 communities in Ibadan, Oyo State, have been thrown into darkness after a windstorm destroyed major electricity infrastructure belonging to the Ibadan Electricity Distribution Company (IBEDC). This marks the …