Nigeria’s leading carrier, Air Peace, has caused a stir in the aviation space after slashing its Lagos-London airfare by a jaw-dropping ₦600,000 — a move that has sent shockwaves through …
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.
- AfricaAFRICA NEWSAviationBusinessBusiness and EconomyEconomyNigeriaTravel & TourismWestern Africa
- BusinessBusiness and EconomyBusiness PoliciesEconomyGOVERNMENTInformation & TechnologyInformation TechnologyNigeriaTechnology
Nigerian Senate Advances Bill Requiring Facebook, Bloggers, and Online Platforms to Establish Offices Locally
The Nigerian Senate has passed the second reading of a bill that seeks to mandate social media platforms, bloggers, and other online content creators to establish physical offices within the …
- Banking, Finance & InvestmentFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeria
CBN Approves Greenwich Trust Limited’s Transition to Holding Company Structure
The Central Bank of Nigeria (CBN) has officially approved Greenwich Trust Limited’s transformation into a holding company structure, now operating under the name Greenwich Holdings Limited. This approval marks a …
- AfricaEconomyEnergyGOVERNMENTNigeriaOil & GasWestern Africa
Rivers Pipeline Explosion Triggers $35.3 Million Daily Losses Amid State of Emergency
Nigeria faces a staggering economic setback following a pipeline explosion in Rivers State, potentially leading to losses exceeding $35.3 million daily. The incident, which significantly hampers oil exports from the …
- BusinessBusiness and EconomyBusiness PoliciesEgyptINVESTMENTNorth Africa
Egyptian Business Landscape Shifts as Reforms Drive Foreign Investment and Market Growth
Egypt’s economic reforms are gaining traction as the country intensifies efforts to attract foreign direct investment and stabilize its financial ecosystem. The Central Bank’s currency adjustments, along with government-driven manufacturing …
- AfricaAgricultureBusinessBusiness and EconomyEconomyFood ProductionGOVERNMENTNigeriaSecurity
Lagos, Dangote Foundation Begin Rice Distribution to Millions of Households Across the State
The Lagos State Government, in partnership with the Aliko Dangote Foundation (ADF), has commenced the distribution of 50kg bags of rice to over one million vulnerable households across the state. …
- AfricaAFRICA NEWSBusiness and EconomyEnergyGOVERNMENTNigeriaOil & GasPoliticsSecurityWestern Africa
Tinubu Declares State of Emergency in Rivers, Suspends Fubara’s Deputy
President Bola Tinubu has officially declared a state of emergency in Rivers State, Nigeria, following escalating political instability and governance challenges in the region. The move comes after mounting tensions …
- Banking, Finance & InvestmentBusinessBusiness and EconomyBusiness PoliciesCryptocurrencyFinance & ServicesNigeriaTechnology
Nigeria Set to Legalize Cryptocurrency Use While Strengthening Risk Controls
Nigeria is set to redefine its stance on digital assets. A new legislative bill will soon legalize cryptocurrency operations while addressing financial risk concerns. The proposed law aims to regulate …
- Business and EconomyEconomyEnergyNigeriaOil & GasPoliticsSecurity
Pipeline Explosion Disrupts Nigerian Oil Exports Amid Rivers State Political Crisis
A pipeline explosion in Rivers State early tuesday has disrupted Nigeria’s oil exports, creating serious concerns for the economy. The damaged infrastructure connects onshore production sites to key export terminals. …
- AfricaAFRICA NEWSBusiness PoliciesEastern AfricaGOVERNMENTInformation & TechnologyKenyaKenya NewsNewsTechnology
Kenya’s Cybersecurity Threats Surge by 27.2% as DDoS Attacks Spike in Q2 2024/25
Kenya is facing a rising wave of cyber threats, with reported incidents increasing by 27.2% in the second quarter of the 2024/2025 fiscal year. The Communications Authority of Kenya revealed …