The Central Bank of Nigeria (CBN) has again warned the public to beware of fraudsters who are using its name to promote fake contracts, loans, and financial grants. In a …
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.
- Banking, Finance & InvestmentCrimeEconomyFinance & ServicesGOVERNMENTNigeriaTechnology
- Banking, Finance & InvestmentBusinessBusiness InsightsEconomyEntrepreneurshipNigeria
FCMB Gives Four Customers ₦1 Million Each in Ongoing Promo
First City Monument Bank (FCMB) has made four Nigerians millionaires as it continues to reward loyal customers in its popular Millionaire Promo, now in its 10th season. The winners, who …
- DevelopmentEconomyGOVERNMENTInnovationNigeriaWestern Africa
ECOWAS, World Bank Hold Workshop in Abuja to Improve Internet Access Across West Africa
The Economic Community of West African States (ECOWAS), in partnership with the World Bank-funded West Africa Regional Digital Integration Project (WARDIP), has started a two-day technical workshop aimed at improving …
- EconomyEnergyGOVERNMENTInternational RelationsNigeriaPoliciesWestern Africa
Nigeria Records Fastest Economic Growth in 10 Years, Says World Bank, But Inflation Still a Big Problem
The World Bank has revealed that Nigeria’s economy grew at its fastest rate in almost 10 years in 2024, driven by strong performance in the fourth quarter and better management …
- Eastern AfricaEconomyFinance & ServicesGOVERNMENTInternational RelationsKenyaPolicies
Kenya Moves to Cut Budget Deficit, Eyes Fresh IMF Talks Amid Economic Pressure
The Kenyan government has announced that it will reduce its fiscal deficit to 4.5 percent of its Gross Domestic Product (GDP) for the 2025/2026 financial year. This is a step …
- AfricaAFRICA NEWSAgribusinessAgricultureBusiness and EconomyDevelopmentFood ProductionGOVERNMENTINVESTMENTMarketsPoliciesSecurity
African Union Launches New $100 Billion Agricultural Plan to Tackle Food Insecurity Across Africa
The African Union (AU) has unveiled a fresh agricultural strategy known as the Comprehensive African Agricultural Development Programme (CAADP) Strategy and Action Plan 2026–2035. The new plan, launched during a …
- Arts & CultureBuildingBusinessBusiness and EconomyBusiness PoliciesDevelopmentDigital EconomyEconomyINVESTMENTKenyaNigeriaSouth Africa
Netflix Invests Over $175 Million in Africa’s Film Industry, Boosting Jobs and Local Talent
Netflix, the American video streaming giant, has spent more than $175 million on film and TV production in Africa’s top three markets—South Africa, Nigeria, and Kenya—since it started operations on …
- AfricaArts & CultureBanking, Finance & InvestmentCentral AfricaDevelopmentEconomyEntertainmentINVESTMENTTrade and Commerce
Afreximbank Launches $1 Billion Africa Film Fund to Boost Creative Industry
The African Export-Import Bank (Afreximbank) has launched a $1 billion Africa Film Fund to support the continent’s fast-growing but underfunded creative industry. The new initiative, part of Afreximbank’s Creative Africa …
- BusinessDigital EconomyEastern AfricaEthiopiaFinance & ServicesINVESTMENTKenyaKenya NewsSafaricomTelecommunications
Safaricom Makes History with Over $3 Billion Revenue, Eyes Bigger Growth in Ethiopia
Safaricom, the Nairobi-based telecoms and digital services provider, has made history as the first company in East Africa to surpass $3 billion in annual revenue. The firm’s financial results for …
- AgribusinessAgricultureBusiness InsightsBusiness PoliciesEconomyInfrastructureInternational RelationsPoliciesSouth AfricaTANZANIATrade and Commerce
Tanzania and Malawi End Trade War After Retaliation Threats and Regional Pressure
Tanzania and Malawi have finally agreed to end their trade dispute following weeks of escalating tensions and reciprocal import restrictions. The two countries, joined by South Africa which was also …