A new report by PricewaterhouseCoopers (PwC) has revealed that Nigerian Chief Executive Officers (CEOs) are facing significant pressure from inflation and economic instability, yet remain hopeful about the country’s future …
Business Insights
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BusinessBusiness InsightsEconomyLeadershipNigeriaTechnology
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AgribusinessAgricultureBusiness InsightsEnergyINVESTMENTNigeriaPress ReleasesTechnology
Delta40 Launches Nigeria Venture Studio to Boost Energy, Agriculture and Fintech Startups
Delta40, a venture studio and investment fund, has officially launched its Nigeria Venture Studio in Lagos, reinforcing its commitment to driving innovation across energy, agriculture and fintech in Africa. The …
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BusinessBusiness InsightsBusiness PoliciesEnergyEnvironmentFinance & ServicesInfrastructurePolicies
Nigeria Leads Africa’s Renewable Energy Push, Says House Speaker Abbas
The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has said that Nigeria is playing a major role in the effort to provide electricity to 300 million Africans by …
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Banking, Finance & InvestmentBusinessBusiness InsightsBusiness PoliciesEconomyKenyaKenya NewsPolicies
CBK Warns Kenyan Banks to Cut Lending Rates or Face Heavy Fines
The Central Bank of Kenya (CBK) has warned commercial banks in the country to reduce their lending rates or risk facing serious financial penalties. The warning came from CBK Governor …
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BusinessBusiness InsightsDevelopmentEconomyEntrepreneurshipFinance & ServicesSpotlight
How to Shield Your Business from Naira Volatility in 2025
Introduction In today’s interconnected global marketplace, businesses operating within Nigeria are increasingly susceptible to the unpredictable nature of international currency exchange rates. A particularly significant challenge for Nigerian enterprises is …
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AviationBusiness InsightsCyber securityGOVERNMENTInfrastructureSouth AfricaTechnologyTransportation & Logisitics
Cyberattack Hits South African Airways, Disrupts Website and Services
South African Airways (SAA), the country’s national airline, has confirmed that it was hit by a major cyberattack during the weekend of May 3, 2025. The attack caused serious disruption …
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Banking, Finance & InvestmentBusinessBusiness InsightsEconomyFinance & ServicesINVESTMENTMarkets
United Capital Records 113% Revenue Growth, Posts N5.9bn Profit in Q1 2025
United Capital Plc, a Nigerian investment banking and financial services firm, has reported a strong start to 2025 with a 113 per cent rise in revenue for the first quarter …
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Banking, Finance & InvestmentBusinessBusiness InsightsBusiness PoliciesEconomyINVESTMENTMarketsNigeriaPolicies
Wema Bank Grows Profit by 270%, Posts N35.8bn in Q1 2025 Amid Strong Interest Income and Cost Control
Wema Bank Plc has reported a strong profit performance in the first quarter of 2025, with profit after tax jumping by 270 per cent to N35.8 billion. This figure is …
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BusinessBusiness and EconomyBusiness InsightsEconomyGlobal NewsGOVERNMENTINVESTMENTLeadershipMarkets
Warren Buffett to Step Down as Berkshire Hathaway CEO After Nearly 60 Years, Greg Abel to Take Over by End of 2025
Warren Buffett, the popular American billionaire investor, has announced that he will step down as the Chief Executive Officer (CEO) of Berkshire Hathaway, the investment company he has led for …
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AfricaBusinessBusiness InsightsEconomyEnergyFinance & ServicesGOVERNMENTMarketsNigeriaOil & Gas
Oil Companies Record Sharp Profit Drop as Global Prices Fall, Nigeria’s Economy Feels the Heat
Major oil companies around the world have recorded sharp drops in profit in the first quarter of 2025, as the fall in global oil prices and rising production costs continue …