President Abdel Fattah El-Sisi has given a new directive to the Central Bank of Egypt, asking the regulator to intensify efforts to raise dollar proceeds from within the country while …
INVESTMENT
-
Banking, Finance & InvestmentEconomyEgyptGOVERNMENTInflationInternational RelationsINVESTMENTUncategorized
-
BusinessCapital MarketINVESTMENT
Industrial & Medical Gases Nigeria Plc Unveils N6.39bn Rights Issue to Fund Expansion
Industrial & Medical Gases Nigeria Plc has announced the launch of a N6.39bn rights issue aimed at strengthening its market position and supporting ongoing expansion projects. In a statement issued …
-
BusinessEconomyFinanceGovernment PolicyINVESTMENT
Naira Faces Weak Start but Experts Predict Stability Ahead
The naira began the new trading week on a weak note as it exchanged at ₦1,533.67 to one United States dollar at the Nigerian Foreign Exchange Market, according to figures …
-
AviationBusinessEconomyINVESTMENTSouth AfricaTransportation
Mango Airlines Faces Final Shutdown as Rescue Deal Collapses
Mango Airlines, South Africa’s low-cost carrier, is on the verge of shutting down for good after its last hope of survival collapsed. The investor expected to revive the struggling airline …
-
AfricaBusinessEconomyINVESTMENTMiningNews
Saudi Consortium Gets Approval to Acquire Barloworld in R23 Billion Deal
A consortium led by Saudi Arabia’s Zahid Group has received the green light from South Africa’s Competition Tribunal to acquire Barloworld in a deal worth R23 billion. The transaction, which …
-
AfricaBusinessCorporate AffairsEconomyINVESTMENTMining
Hilmax Returns Strong with New Investors, Sets Eyes on Expanding Zimbabwe’s Mining Sector
Hilmax Engineering, one of Zimbabwe’s leading engineering service providers to the mining industry, has staged a remarkable comeback after facing a serious survival battle last year. For more than a …
-
BusinessEconomyFinanceInsuranceINVESTMENT
Tinubu Signs NIIRA 2025 into Law: A Game-Changer for Nigeria’s Insurance Industry
President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Bill 2025 into law, officially making it the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The new law has …
-
BusinessEconomyInfrastructureINVESTMENTPublic Policy
Engineers Warn Nigeria Risks Deeper Crisis Without Strong PPP Investments
Engineers have cautioned that Nigeria could face a worsening crisis if the country fails to close its infrastructure gap through well-structured Public-Private Partnership (PPP) investments. They explained that without urgent …
-
BusinessDiasporaEconomyHousingINVESTMENTReal EstateSustainability
Pelican Valley Launches Zero-Interest Housing Plan for Nigerians in Diaspora
Pelican Valley Nigeria Limited, a leading real estate company, has unveiled a zero-interest and no-hidden-charge housing and land subscription repayment plan targeted at Nigerians in the diaspora. The new offer …
-
BusinessDigital EconomyInnovationINVESTMENTTechnology
Lagos to Host 4,000 Global Tech Leaders for Moonshot 2025
More than 4,000 innovators, policymakers, and investors from over 15 countries will gather in Lagos from October 15 to 16 for the third edition of Moonshot by TechCabal, Africa’s leading …