The World Bank has approved a total of $8.40bn (about N12.89tn) in fresh loans to Nigeria within the last two years. The new approvals, which span from June 2023 to …
Business
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BusinessDevelopmentEconomyFinanceInfrastructurePolitics
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BusinessMergers & AcquisitionsSingapore EconomyTechnologyTelecommunications
StarHub Buys MyRepublic Broadband for S$105.2m
Singapore’s telecoms market is seeing another round of consolidation as StarHub has announced the full acquisition of MyRepublic’s broadband business. The deal, revealed on Tuesday, August 12, 2025, sees StarHub …
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BusinessEconomyEnergyManufacturingNigeriaOil & Gas
Oilden Energies to Launch Brand, Unveil Subsidiary as It Targets Top 30 Global Lubricants Ranking by 2030
Oilden Energies Limited, one of Nigeria’s rising lubricant manufacturers, has announced that it will officially launch its brand and unveil a new subsidiary on Friday, August 15, 2025, in Lagos. …
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BusinessCorporate GovernanceCourt RulingsEmployment RightsLabour DisputesLegal Affairs
Malawi Court Orders PCL to Pay Ex-Executives MK10.5bn
The High Court in Blantyre has ordered Press Corporation Limited (PCL) to pay three of its former top executives 75 percent of the MK14.1 billion compensation earlier awarded to them …
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BankingBusinessDevelopmentEconomyEntrepreneurshipFinanceNigeriaReal EstateStartups
HQ, The Alternative Bank Partner to Provide Affordable Office Spaces for Startups Nationwide
HQ, a subsidiary of International Workplace Group (IWG), has partnered with The Alternative Bank to make modern and affordable office spaces available to startups and small businesses across Nigeria. The …
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AFRICA NEWSBusinessEducationFinancePartnershipsTechnologyUGANDA
Airtel, Partners Unveil School Fees Savings in Uganda
Airtel Money Uganda, the country’s biggest mobile money service, has teamed up with SchoolPay and Sanlam Investments to launch SchoolPay Savings—a new financial product aimed at helping parents save gradually …
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BusinessCapital MarketDigital EconomyEconomyFinancial InclusionInternational RelationsLeadershipNigeria
SEC DG Emomotimi Agama Elected Vice Chairman of IOSCO Africa
The Director General of the Securities and Exchange Commission of Nigeria, Dr. Emomotimi Agama, has been elected Vice Chairman of the Africa/Middle East Regional Committee (AMERC) of the International Organisation …
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BusinessEastern AfricaEconomyFinanceTelecommunications
MTN Uganda Records Strong Revenue Growth in H1 2025 Despite Profit Dip from Tax Settlement
MTN Uganda has announced a strong financial performance in the first half of 2025, showing double-digit growth in revenue despite a dip in profit due to a significant one-off tax …
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Banking, Finance & InvestmentBusinessFinancial InclusionFintechInnovationInternational RelationsNigeriaTechnology
FirstBank Champions Inclusion and Digital Innovation at Canada-Africa Fintech Summit
FirstBank of Nigeria has reaffirmed its leadership role in driving financial inclusion and digital innovation by sponsoring the Canada-Africa Fintech Summit (CAFS) 2025. The bank said in a statement on …
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BusinessCapital MarketEnergyInfrastructureNigeriaPower SectorState News
Elektron Finance Launches N200bn Bond Programme
Elektron Finance SPV Plc, a funding vehicle fully owned by Elektron Energy Development Strategies Limited, has launched a N200bn bond issuance programme and successfully completed its debut N4.64bn Series 1 …