African currencies are set for a mixed performance in the coming week, with Ghana’s cedi expected to weaken further against the dollar, while the shilling in Kenya, the naira in …
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- BusinessCapital MarketEconomyFinanceGlobal NewsRegulation
World Federation of Exchanges Launches Manifesto to Protect Public Markets
The World Federation of Exchanges (WFE), the global body representing exchanges and clearing houses, has unveiled its new Exchange Manifesto. The declaration seeks to highlight and reinforce the vital role …
- African DevelopmentBusinessCorporate NewsTechnology
TD Africa Secures Global AI and Data Privacy Certifications
TD Africa, one of the biggest technology distributors in Sub-Saharan Africa, has achieved two major international certifications that place the company at the centre of Africa’s push for responsible artificial …
- BusinessCorporate NewsEconomyFinanceTrade
Champion Breweries Moves to Acquire Bullet Brand in Strategic Expansion
Champion Breweries Plc, a subsidiary of enJOYcorp and member of the EverCorp family, has signed an agreement to acquire the Bullet brand, an alcoholic and energy beverage, in a deal …
- BusinessEconomyEnergyEnvironmentOil & GasPower Sector
Nigeria Produces 1.37 Trillion scf of Gas in Six Months as Experts Warn on Policy Gaps
Nigeria produced about 1.37 trillion standard cubic feet (scf) of natural gas between January and June 2025, according to fresh data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). …
- BusinessDevelopmentEducationInnovationTechnology
Giga Accelerator Programme 2025 Offers $50,000 Grant for School Connectivity
The Giga initiative, a joint project of the United Nations Children’s Fund (UNICEF) and the International Telecommunication Union (ITU), has opened applications for the 2025 edition of its accelerator programme. …
- BankingBusinessEconomyForeign AffairsGOVERNMENTGovernment PolicyINVESTMENT
Nigeria Attracts $5.64bn in Q1 2025 as Banking Sector Leads Capital Inflows
Nigeria recorded a strong rise in foreign capital inflows in the first quarter of 2025, attracting a total of $5.64 billion. The latest capital importation report released by the National …
Pension Fund Administrators (PFAs) have channelled over N14.5 trillion of workers’ retirement savings into Federal Government securities as of March 2025, highlighting the industry’s continued reliance on sovereign debt. Figures …
- AFRICA NEWSAviationBusinessEconomyGovernanceTransportation
Uganda Airlines Struggles With Losses and Politics
At Entebbe International Airport, one of Uganda Airlines’ shiny Bombardier CRJ900 jets, painted in the bold red, black, and yellow of the national flag, stands as a symbol of national …
- BusinessEconomyInsuranceNigeriaRegulation
NAICOM, SEC Strengthen Partnership to Drive Insurance Industry Recapitalisation
The ongoing recapitalisation of Nigeria’s insurance industry received a major push on Tuesday as the National Insurance Commission (NAICOM) and the Securities and Exchange Commission (SEC) pledged to work more …