Net outflow widens by 1,073% as analysts warn of persistent foreign selling pressure Foreign investors have withdrawn a net N266.07 billion from Nigeria’s equities market in the first seven months …
Business Updates
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Nigeria’s FMCG Giants Boost Profit by 35% Despite Weak Revenue Growth
Nigeria’s leading fast-moving consumer goods (FMCG) manufacturers recorded a strong improvement in profitability during the first half of 2026, despite almost no growth in combined revenue. The 10 largest quoted …
Global tools and accessories manufacturer SALI Tools has officially entered the Nigerian market with the establishment of a local office and warehouse operation in Lagos, as the company moves to …
- Business UpdatesEconomyEnergyInfrastructurePower & UtilitiesSouthern Africa
ZESCO Power Failure Leaves Parts of Botswana in Darkness
Several towns in northern Botswana have been left without electricity following a supply disruption from Zambia’s power utility, ZESCO. The affected areas include Plateau, Kasane, Kazungula, and Lesoma, which rely …
- AgricultureBusiness UpdatesEconomyWestern AfricaWomen EmpowermentYouth Empowerment
Ghana Hosts Successful Shea Expo 2025, Spotlights Women and Youth
The second edition of the World Shea Expo has ended in Tamale, Ghana, with a fresh call on government, private sector, and development partners to take stronger steps in boosting …
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Egypt’s Foreign Reserves Rise to $49.25 Billion
The Central Bank of Egypt (CBE) said on Monday that the country’s net international reserves grew to $49.25 billion in August 2025, compared to $49.04 billion in July. This means …