Global Credit Rating (GCR) has reaffirmed the credit rating of Lasaco Assurance Plc at A(NG) with a Stable Outlook, making it the third year in a row that the Nigerian …
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BAT Nigeria Pushes Collective Action for Sustainable Water Stewardship
British American Tobacco Nigeria (BATN) has announced that it is championing collective action to promote sustainable water stewardship as part of efforts to address Nigeria’s growing water challenges. The company …
The fragile truce between the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) and the $20 billion Dangote Petroleum Refinery has collapsed, sparking a fierce labour dispute that could …
- BusinessDigital EconomyEastern AfricaTechnologyTransportation
Bolt Says Top Drivers in Kenya Earned Over KSh1.2m in Six Months
Ride-hailing platform Bolt has revealed that its highest-earning drivers in Kenya grossed more than KSh1.2 million each in the first half of 2025, showing the growing profitability of gig work …
- BankingBusinessEastern AfricaFinanceGovernment PolicyInfrastructure
Kenya, UBA Seal $150m Deal to Revive Stalled Road Projects
he Government of Kenya has signed a US$150 million (KSh16.38 billion) financing agreement with United Bank for Africa (UBA) as part of a landmark US$1.35 billion (KSh175 billion) programme aimed …
- BusinessEastern AfricaEconomyInfrastructureTechnologyTelecommunications
Airtel Kenya Moves Into Home Fiber Market With $150m Data Centre
Airtel Kenya has announced plans to enter the home fiber market in response to rising demand for high-speed internet across the country. The move is part of a wider digital …
- BusinessEnergyGovernanceOil & GasPower & Energy,Sustainability
Lagos to Host 2025 NAEC Energy Conference on October 9
Ministers, regulators, and top industry leaders are set to gather in Lagos on October 9, 2025, for the Annual NAEC Energy Conference, an event that will bring together policymakers and …
- BusinessEconomyIndustrial DevelopmentManufacturingNigeriaPartnershipsPower Sector
Axxela Integrated Power Signs Energy Deal with Evans Industries to Boost Manufacturing Efficiency
Axxela Integrated Power has signed a Power Purchase Agreement with Evans Industries Limited, one of Nigeria’s leading manufacturers of home and personal care products, in a move designed to improve …
- BusinessCentral BankingEconomyForex TradingInflationNigeriaOil & Gas
Naira Sustains Rally, Trades Below N1,500 to Dollar as Reserves Hit $41.59bn
The naira continued its rally on Wednesday, closing at N1,500.91 to the United States dollar at the official Nigerian Foreign Exchange Market. The performance marked a significant milestone as the …
- AfricaBusinessDigital EconomyFinancial InclusionFintechNigeriaTechnology
PalmPay Stresses Trust and Simplicity in Expanding Financial Inclusion Across Africa
African neobank, PalmPay, has emphasised the importance of trust, simplicity, and local partnerships in expanding access to financial services across the continent. The company made this known during the GITEX …