South Africa’s leading consumer goods company, Tiger Brands Ltd (JSE: TBSJ.J), reported stronger-than-expected earnings for the first half of its financial year, boosting shareholder returns with a special dividend and …
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NELFUND Disburses ₦56.85bn in Student Loans to 298,124 Beneficiaries in One Year
The Nigerian Education Loan Fund (NELFUND) has disbursed a total of ₦56.85 billion in student loans within one year of its launch, benefiting 298,124 students across 198 tertiary institutions in …
- BusinessINVESTMENTMarketsNewsNigeria
Nigerian Stock Market Hits N70 Trillion Milestone as Bulls Maintain Momentum
The Nigerian stock market continued its bullish run this week as investor confidence pushed the market capitalisation of the Nigerian Exchange Limited (NGX) past the N70 trillion threshold for the …
- Banking, Finance & InvestmentEducationNewsNigeria
Union Bank Sponsors Deaf Mathematics Competition to Promote Inclusive Education in Lagos
Union Bank of Nigeria has thrown its weight behind inclusive education by sponsoring a mathematics competition specifically designed for deaf students, organised by the Ajofa Special Education Foundation for the …
- Banking, Finance & InvestmentEconomyFintechInnovationNigeriaTechnology
Jollof+ Nears ₦10bn in User Savings as Platform Marks First Anniversary
Digital savings platform, Jollof+, has revealed that Nigerians using the platform have saved nearly ₦10 billion ahead of the company’s first anniversary. The platform, created by Baobab Nigeria, shared this …
- EconomyEnergyNigeriaOil & Gas
Nigeria’s Oil Export Revenue Drops 17% in Early 2025 Despite Output Rise
Nigeria’s earnings from crude oil exports fell sharply in the first two months of 2025, dropping by 17 percent year-on-year to $6.68 billion, according to figures from the Central Bank …
- DevelopmentEnergyGOVERNMENTInfrastructurePolicies
NERC Introduces Transmission Infrastructure Fund with N2.17/kWh Levy to Boost Nigeria’s Power Sector
The Nigerian Electricity Regulatory Commission (NERC) has taken a major step to improve electricity supply in the country by setting up a Transmission Infrastructure Fund (TIF). This new initiative is …
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Wema Bank Appoints 12-Year-Old Chiderije Mbah as One-Day MD in Children’s Day Celebration
Wema Bank Plc has appointed 12-year-old Chiderije Mbah as its One-Day Managing Director and Chief Executive Officer (MD/CEO) to mark this year’s Children’s Day celebration held on May 27, 2025. …
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TD Africa Launches Weekly ‘Black Friday Every Friday’ Campaign for Tech Buyers
TD Africa, one of Africa’s leading tech distributors, has launched a new weekly campaign tagged Black Friday Every Friday, giving businesses and individuals regular access to discounted premium technology products. …
- DevelopmentEconomyInfrastructureINVESTMENTNigeriaTrade and Commerce
Tinubu Meets Nigeria-China Strategic Partnership DG, Pushes for Fast-Tracked Economic Projects
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to using the Nigeria-China Strategic Partnership (NCSP) to drive industrialization, infrastructure growth, and economic transformation across the country. This came during …