Two leading cocoa farming bodies in Nigeria — the Cocoa Farmers Alliance Association of Africa (Nigeria Chapter) and the Cocoa Farmers Association of Nigeria (CFAN) — have praised President Bola …
Business Insights
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AfricaAgribusinessAgricultureBusinessBusiness InsightsNigeria
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BusinessBusiness InsightsDangote IndustriesEconomyEnergyInfrastructureNigeriaOil & Gas
Dangote Refinery Slashes Petrol Price to N825, Spurs Fierce Competition in Downstream Market
The Dangote Petroleum Refinery has quietly reduced the ex-depot price of petrol to N825 per litre, intensifying the price war with fuel importers and private depot owners in Nigeria’s deregulated …
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BusinessBusiness InsightsFinance & ServicesFintechHealthcareMobile Telecommunications Network (MTN)NigeriaTechnologyTelecommunications
Nigeria’s 5G Growth Led by Banks, Hospitals, But Ordinary Users Still Left Behind
Nigeria’s adoption of 5G technology is gradually increasing but remains largely confined to sectors like banking, healthcare, and high-tech industries, while most ordinary Nigerians are still unable to afford or …
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AfricaAirtelBusinessBusiness InsightsCentral AfricaEastern AfricaFinance & ServicesFintechNigeriaTechnologyTelecommunicationsWestern Africa
Airtel Africa Targets Fintech Leadership with 2026 Airtel Money IPO
Airtel Africa is gearing up to challenge the dominance of African fintech giants with a planned initial public offering (IPO) for its mobile money arm, Airtel Money, set for the …
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AfricaBusinessBusiness InsightsEducationNigeriaTechnology
US Immigration Law Firm CFUIS Expands into Nigeria, Targets Global Talent and Business Growth
The Centre for United States Immigration Services (CFUIS), a leading American immigration law firm, has officially launched its operations in Nigeria, as part of its strategic plan to connect Africa’s …
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BusinessBusiness InsightsBusiness PoliciesEconomyGOVERNMENTNigeriaPoliciesTransportation & LogisiticsWestern Africa
NIMASA Confirms 8-Year Loan Tenure, Single-Digit Interest for Cabotage Vessel Financing Fund
The Nigerian Maritime Administration and Safety Agency (NIMASA) has confirmed that the long-awaited Cabotage Vessel Financing Fund (CVFF) will be disbursed under an eight-year repayment plan with a single-digit interest …
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AFRICA NEWSBusinessBusiness InsightsEconomyEntrepreneurshipGOVERNMENTINVESTMENTMarketsNewsTechnology
Custodian Investment Grows Profit by 133%, Pays ₦60.67bn Before Tax in 2024
Custodian Investment Plc has recorded a major profit jump, ending the 2024 financial year with a profit before tax of ₦60.67 billion. This marks a 133 per cent increase from …
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BusinessBusiness InsightsEnergyMarketsNigeriaTechnologyWestern Africa
Itel Solar Energy Opens First Nigerian Hub at Alaba Market, Targets Affordable Power for Homes, Businesses
Itel Solar Energy has launched its first official sales and service hub in Nigeria, setting up shop at the popular Alaba International Market in Lagos. The company said the move …
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BusinessBusiness InsightsEconomyInternational RelationsNigeriaTrade and CommerceWestern Africa
Customs Agents Kick as French Shipping Firm CMA/CGM Imposes $100 Surcharge on Nigeria-Bound Cargoes
Licensed customs agents in Nigeria have raised serious concerns following the introduction of a $100 Peak Season Surcharge by French shipping giant CMA/CGM on all twenty-foot equivalent unit (TEU) containers …
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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 …