The Office of the National Security Adviser (ONSA) has directed the implementation of a one-stop joint-interest screening system across Nigerian airports. This initiative is part of efforts to address the …
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- AviationGOVERNMENTNigeriaSecuritySpotlight
Nascon Allied Industries Plc has reported a remarkable 77 percent growth in its revenue for the first quarter of 2025. According to the company’s unaudited financial report for the period …
- Banking, Finance & InvestmentBusinessBusiness InsightsEconomyNigeriaSpotlightTechnologyTelecommunications
GTBank hikes SMS alert fee to ₦6
Guaranty Trust Bank (GTBank) has informed its customers that there will be an increase in the fee for SMS transaction alerts, effective from Thursday, May 1, 2025. The new charge …
President of African Development Bank (AfDB), Dr Akinwumi Adesina, has raised alarm over the huge economic losses Africa is facing due to climate change. He said the continent is currently …
- AFRICA NEWSDevelopmentEconomyFinance & ServicesInfrastructureINVESTMENTLeadershipPolitics
Race Tightens for AfDB President as Five Candidates Share Plans for Africa’s Future
The race to lead the African Development Bank (AfDB) is getting hotter as the date for the election draws near. The current president of the bank, Nigeria’s Dr. Akinwumi Adesina, …
- AfricaBusiness InsightsDevelopmentEconomyNigeria
IMF Tells African Governments to Focus More on Private Sector to Survive Global Economic Problems
The International Monetary Fund (IMF) has told African governments to stop depending too much on public spending and instead focus on supporting the private sector. According to the IMF, this …
- AfricaBusiness InsightsEconomyInternational RelationsINVESTMENTManufacturingNigeriaPoliciesSouth AfricaSpotlightTrade and Commerce
Trump’s Tariff War Shakes African Economies, Sparks Fresh Push for Trade Alternatives
The recent trade decision by United States President Donald Trump is now causing serious economic pressure across Africa. President Trump, under his “Liberation Day” trade policy, has introduced fresh tariffs …
- Business InsightsDevelopmentEconomyINVESTMENTPoliciesSouth Africa
South Africa Maintains ‘BB-‘ Credit Rating with Stable Outlook Despite Economic Challenges
South Africa’s credit rating has been kept at ‘BB-‘ with a stable outlook by two of the world’s major credit rating agencies — Fitch Ratings and S&P Global Ratings. This …
- AgricultureBusiness InsightsEconomyHealthcareInternational RelationsPoliciesSouth AfricaSpotlight
Tanzania Bans Food Imports from Malawi and South Africa Over Trade and Plant Health Issues
The government of Tanzania has stopped the importation of agricultural goods from both Malawi and South Africa with immediate effect. This decision was announced by the country’s Minister of Agriculture, …
- AgricultureEconomyPoliciesTravel & TourismUGANDA
Uganda Plans Bigger Budget for 2025/2026, Focuses on Farming, Tourism and Oil
Uganda’s government has announced a major increase in its proposed national budget for the 2025/2026 financial year. According to the Ministry of Finance, Planning and Economic Development, the new budget …