Investors at the Nigerian stock market recorded N148 billion on Friday to end the week on a bullish trend.At the end of Friday’s trading, details showed that market capitalisation rose …
Radarr Africa
- BusinessBusiness and EconomyFinance & ServicesINVESTMENTNigeriaWestern Africa
- BusinessEnergyGOVERNMENTSouth AfricaSouthern Africa
South Africans Grapple with Escalating Electricity Tariffs Amid Economic Strain
In a move that has intensified the financial strain on many households, South Africa is set to implement a 12.7% increase in electricity tariffs effective April 1, 2025—a date dubbed …
- EconomySecurityTrade and Commerce
Customs seizes N1bn worth of contraband, arrests suspected smugglers
THE Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service, NCS, has said that it intercepted smuggled items valued at over N1 billion within the last four weeks. Speaking …
The Democratic Republic of Congo (DRC) is grappling with a severe food crisis, as ongoing conflicts and escalating food prices have left approximately 28 million people facing acute hunger. This …
- DevelopmentEconomyPolicies
South African Reserve Bank Considers Revising Inflation Targeting Framework Amid Growth Concerns
The South African Reserve Bank (SARB) is contemplating adjustments to its longstanding inflation targeting framework, acknowledging that the current regime may be hindering economic growth and reducing the nation’s competitiveness. …
- Banking, Finance & InvestmentBusiness and EconomyNigeriaWestern Africa
Zenith Bank Records N1.3 Trillion Profit, Proposes N4 Final Dividend
Zenith Bank Plc has continued its impressive financial performance, reporting a profit before tax (PBT) of N1.3 trillion for the 2024 financial year. The bank also proposed a final dividend …
- DevelopmentEducationGOVERNMENTNigeriaPoliciesWestern Africa
President Tinubu Grants Licenses to 11 New Private Universities
In a significant development for Nigeria’s education sector, President Bola Tinubu has approved provisional licenses for the establishment of 11 new private universities. The announcement was made during the Federal …
- EconomyEnergyGOVERNMENTINVESTMENTOil & GasPolicies
NNPC Limited to Sell Shares in Landmark Move Towards Privatization
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced plans to sell shares to the public as part of its transition into a fully commercial entity. This move is …
- Arts & CultureBusiness and EconomyNigeriaWestern Africa
Ecobank, AFC, Soto Gallery Support Young Artists with ‘234Arts’ Exhibition
Emerging artists in Nigeria are getting a platform to showcase their talents through the ‘234Arts’ exhibition, an initiative supported by Ecobank, Africa Finance Corporation (AFC), and Soto Gallery. The event, …
- COVID-19Eastern AfricaFinance & ServicesGOVERNMENTKenya
Kenya Pays KSh 89 Million Yearly for Unused COVID-19 Loan
The Kenyan government is paying KSh 89 million every year in commitment fees for a COVID-19 loan that remains unused. This loan, obtained from international lenders to help the country …