The African Export-Import Bank (Afreximbank), through its impact investment subsidiary—the Fund for Export Development in Africa (FEDA)—has officially launched a $1 billion Africa Film Fund aimed at transforming the continent’s …
African markets are navigating a busy day of economic indicators, political developments, and global trends on Thursday, May 8, 2025. From court decisions in Côte d’Ivoire to monetary policy announcements …
Heidelberg Materials, one of the world’s top cement producers, has started the 2025 financial year on a solid note, with better-than-expected earnings in the first quarter. The German company, which …
Many investors are paying close attention to the Treasury Bills auction being held today, Tuesday, May 7, 2025, as the Debt Management Office (DMO) offers ₦550 billion worth of T-bills …
Renaissance Africa Energy Company Limited has confirmed that it has stopped crude oil transportation through its Okordia-Rumuekpe pipeline in Rivers State after an oil spill was discovered in Ikata community, …
Africa’s air cargo industry recorded the steepest drop in global demand in March 2025, with a 13.4 per cent year-on-year decline, according to data released by the International Air Transport …
MTN Nigeria Communications Plc has reported a profit after tax of N133.7 billion for the first quarter of 2025, recovering from a loss of N392.7 billion recorded in the same …
The Financial Reporting Council of Nigeria (FRC) has said that Nigeria’s economy cannot be classified as hyperinflationary, despite rising inflation and concerns raised by the International Monetary Fund (IMF) and …
The Agricultural and Allied Group of the Lagos Chamber of Commerce and Industry (LCCI) has said Nigeria must invest at least $538 million every year for 10 years to grow …
Stakeholders in Nigeria’s pharmaceutical industry have expressed concern that the recently introduced two-year import duty and VAT waiver on pharmaceutical raw materials may fall short of expectations unless the Federal …
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