South Africa’s biggest companies are showing serious strength despite the country’s economic challenges, according to the 2025 ranking of Africa’s Top 250 Companies. The new report revealed that 17 out …
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PalmPay Processes 15 Million Daily Transactions in Q1 2025, Targets Deeper Financial Inclusion
PalmPay, a fast-growing Nigerian digital bank, has announced a major milestone, revealing that it processed 15 million transactions daily during the first quarter of 2025. The announcement was made at …
- Business PoliciesEconomyFinance & ServicesGOVERNMENTLabour
PenCom and Lagos Government Call for Informal Workers to Join Pension Scheme
The National Pension Commission (PenCom) and the Lagos State Governor, Babajide Sanwo-Olu, have renewed the push to bring informal sector workers into Nigeria’s Contributory Pension Scheme (CPS). This was the …
- BusinessDevelopmentEnvironmentHealthcareTechnology
LG Installs Solar Borehole in Illah Community, Brings Clean Water and Hope
LG Electronics Nigeria has built and commissioned a solar-powered borehole for the people of Illah community in Oshimili North Local Government Area of Delta State. The project is part of …
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JA Africa, Boeing Launch STEM, Entrepreneurship Programmes in Nigeria, Togo
Junior Achievement Africa and global aerospace giant Boeing have announced plans to launch two major STEM and entrepreneurship initiatives in Nigeria and Togo aimed at equipping young people with the …
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Infrastructure, Poor Logistics Hindering AfCFTA Benefits for African Manufacturers – PAMA
A new report by the Pan-African Manufacturers Association (PAMA) has revealed that 34 per cent of Small and Medium-scale Industries (SMIs) across Africa consider poor infrastructure and weak logistics as …
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Marketing Analytics Africa to Host AMTEC 2025 in Lagos, Targets Scalable Growth for African Brands
Marketing Analytics Africa has announced that the 2025 edition of its flagship event, the Africa Marketing Technology and E-commerce Conference (AMTEC), will take place on May 24 in Lagos. Themed …
- BusinessBusiness InsightsFinance & ServicesINVESTMENTMarketsNigeriaReal Estate
SFS REIT Records 50% Net Income Growth, Declares N21.50 Dividend Per Unit
SFS Real Estate Investment Trust (SFS REIT) has posted impressive results for the 2024 financial year, reporting a 50.26 per cent increase in net income to N477.09 million. This growth …
- AfricaBusinessFinance & ServicesFintechGhanaINVESTMENTMarketsNigeriaPress ReleasesWestern Africa
VFD Group Declares N3.17bn Dividend, Bonus Shares as Profit Hits N11.3bn in 2024
Shareholders of VFD Group Plc have approved a total dividend payout of N3.17 billion, translating to N2.50 per share, following the company’s strong financial performance in 2024. The resolution was …
- BusinessEconomyEnvironmentINVESTMENTMobile Telecommunications Network (MTN)NigeriaTelecommunications
MTN Nigeria Invests N3.5bn in 2024 for Social and Environmental Impact, Total CSI Spend Hits N31.9bn
MTN Nigeria Communications Plc has announced that it invested N3.5 billion in Corporate Social Investment (CSI) initiatives in 2024, raising its total social impact spending to N31.9 billion since inception. …