Stanbic IBTC Bank has been awarded the 2025 Bank of the Year Customer Service Award at the prestigious Industry Summit/Awards 6.0, which took place in Lagos. This recognition comes after …
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BusinessBusiness InsightsEconomyInnovationNigeriaPress ReleasesStanbic IBTC
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Infrastructure, Poor Logistics Hindering AfCFTA Benefits for African Manufacturers – PAMA
A new report by the Pan-African Manufacturers Association (PAMA) has revealed that 34 per cent of Small and Medium-scale Industries (SMIs) across Africa consider poor infrastructure and weak logistics as …
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AfricaBusinessBusiness and EconomyBusiness InsightsDigital EconomyEventsInnovationMarketsNigeriaPress ReleasesTechnology
Marketing Analytics Africa to Host AMTEC 2025 in Lagos, Targets Scalable Growth for African Brands
Marketing Analytics Africa has announced that the 2025 edition of its flagship event, the Africa Marketing Technology and E-commerce Conference (AMTEC), will take place on May 24 in Lagos. Themed …
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BusinessBusiness InsightsFinance & ServicesINVESTMENTMarketsNigeriaReal Estate
SFS REIT Records 50% Net Income Growth, Declares N21.50 Dividend Per Unit
SFS Real Estate Investment Trust (SFS REIT) has posted impressive results for the 2024 financial year, reporting a 50.26 per cent increase in net income to N477.09 million. This growth …
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BusinessBusiness InsightsDigital EconomyMarketsNigeriaTechnology
Meta’s Exit Threat Worries Millions of Nigerian Small Businesses
There is rising concern among Nigerian business owners as Meta Platforms, the parent company of Facebook and Instagram, has threatened to leave the country over a fine dispute. Experts in …
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AfricaAFRICA NEWSBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesInternational RelationsPolicies
Angola’s $200 Million Trouble with JPMorgan Exposes Africa’s Mounting Debt Pressure
Angola has found itself in the news again over its rising financial pressures, as a $200 million margin call from U.S. banking giant JPMorgan Chase & Co. has exposed the …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness InsightsCentral AfricaEconomyFinance & ServicesGhanaNigeriaUGANDAWestern AfricaZAMBIA
Ghana’s Cedi Strengthens as Nigeria’s Naira Holds Steady; Uganda and Zambia Currencies Show Mixed Trends
The Ghanaian cedi is expected to continue its upward trend in the coming week, buoyed by sustained support from the Bank of Ghana and increased foreign currency inflows. As of …
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BusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyFinance & ServicesManufacturingManufacturing & Consumer GoodsMarketsNigeriaWestern Africa
Manufacturers Count N1.91bn FX Loss in Q1 2025 Amid Currency Volatility
Nigeria’s manufacturing sector continues to feel the pinch of unstable foreign exchange rates, as top firms recorded a combined N1.91 billion forex loss in the first quarter of 2025. This …
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BusinessBusiness InsightsBusiness PoliciesEconomyEnergyGOVERNMENTInfrastructureNigeriaPoliciesWestern Africa
Gencos Urge President Tinubu to Fast-Track Meeting on N4.7tn Power Sector Debt
Electricity generation companies (Gencos) in Nigeria are calling on President Bola Ahmed Tinubu to urgently fix a date for the long-awaited meeting over the rising debt crisis in the power …
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AfricaAFRICA NEWSBusinessBusiness InsightsDevelopmentEconomyEnergyEnvironmentGOVERNMENTInfrastructureNigeria
Axxela Retains EcoVadis Gold Medal for 2025, Reinforces Leadership in Sustainable Business
Axxela Limited, a leading player in the gas and power sector across sub-Saharan Africa, has once again secured the prestigious Gold Medal in the 2025 EcoVadis Sustainability Rating. The company …