The Governor of Bauchi State, Bala Mohammed, has assured both local and foreign investors that Bauchi is one of the safest states in Nigeria and fully prepared to welcome new …
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.
- BusinessEconomyGOVERNMENTInfrastructureINVESTMENTNigeria
- BusinessFinance & ServicesGOVERNMENTInsuranceNigeria
NCRIB President Warns Insurance Brokers Against Unethical Practices
The President and Chairman of the Governing Board of the Nigerian Council of Registered Insurance Brokers (NCRIB), Prince Babatunde Oguntade, has warned members of the council to strictly adhere to …
- BusinessDangote IndustriesEconomyEnergyNigeriaOil & Gas
Marketers Refuse to Cut Petrol Prices Despite Dangote Refinery’s Price Slash
Many petrol marketers in Nigeria have refused to reduce their pump prices even after Dangote Petroleum Refinery cut its ex-depot price of petrol from N880 to N840 per litre. The …
- AviationBusinessEconomyTravel & Tourism
Global Air Travel Rises by 5% in May 2025, International Routes Lead Growth – IATA
The International Air Transport Association (IATA) has announced a 5.0 per cent increase in global air passenger traffic for May 2025, showing steady recovery and resilience in the aviation sector …
- EconomyTechnologyTelecommunicationsTransportation & Logisitics
Posta Kenya Battles for Relevance as Private Couriers Dominate Mail
The Posta Corporation of Kenya (PCK), popularly known as Posta, is currently battling for survival as it continues to lose relevance in the modern communication and logistics industry. Once the …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesNewsPoliciesSouth Africa
South African Inflation Expectations Crushed
South African analysts, business leaders, and trade unions have lowered their inflation expectations for the coming years, according to the latest survey released on Wednesday. This shift could encourage the …
- Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesKenyaPolicies
East African Central Banks Turn to Gold to Boost Foreign
East African countries are gradually shifting their foreign exchange (FX) reserve strategies by adding more gold, a move aimed at reducing dependence on the U.S. dollar and protecting their economies …
- AfricaAFRICA NEWSBusiness and EconomyEconomyEnergyInfrastructureNewsSouthern AfricaZAMBIA
Zambia Launches Largest Solar Power Plant to Boost Energy Security
Zambia’s President, Hakainde Hichilema, on Monday officially opened the country’s largest grid-connected solar power plant, a major step towards strengthening the nation’s electricity supply. The 100-megawatt solar facility, located in …
- AfricaAFRICA NEWSALGERIAInternational RelationsNewsNorth Africa
Algerian Court Upholds Five-Year Sentence for Franco-Algerian Writer Boualem Sansal
An Algerian appeals court on Tuesday upheld a five-year prison sentence for prominent Franco-Algerian writer Boualem Sansal, sparking strong diplomatic responses from France, which renewed its call for clemency based …
- DevelopmentEnergyFinance & ServicesInfrastructureSouthern Africa
AfDB Grants $139m Loan to Johannesburg for Infrastructure Upgrade in Landmark
The African Development Bank Group (AfDB) has approved a corporate loan of ZAR 2.5 billion (approximately $139 million) to the City of Johannesburg Metropolitan Municipality, making it the first time …