Yango Group, a technology company based in the United Arab Emirates, has opened a new regional headquarters in Abidjan, Côte d’Ivoire, as part of its plan to expand digital services …
BusinessDigital EconomyStartupsTechnologyWestern Africa
Category:
Business
- BusinessCapital MarketEconomyFinance & ServicesManufacturingOil & Gas
Aliko Dangote’s Wealth Hits $29.3bn, Now 72nd Richest Person Globally – Bloomberg
Africa’s richest man, Aliko Dangote, has seen his personal fortune grow to $29.3 billion as of August 5, 2025, according to the Bloomberg Billionaires Index. This latest ranking places him …
- AviationBusinessEconomyInfrastructureNewsTechnology
Elin Air Completes First-Ever 7,800-Landing Check on Challenger Jet in Nigeria
Elin Air and Aviation Services has successfully completed a major 7,800-landing maintenance check on a Bombardier Challenger CL604 aircraft at its hangar in Nigeria. This marks the first time such …
- BusinessCapital MarketEconomyFinance & ServicesNewsNigeriaOil & GasRegional Cooperation
Conoil Records Sharp Drop in Half-Year Profit as Revenue and Costs Take a Toll
Conoil Plc, one of Nigeria’s oldest petroleum marketing companies, has reported a significant drop in its profit after tax for the half-year period ended June 30, 2025. According to the …
- BusinessEconomyFood ProductionManufacturingNigeriaRetail
UAC Records N110.4bn Half-Year Revenue, Sees 91% Rise in Underlying Profit
UAC of Nigeria Plc has announced that its revenue rose to N110.4 billion in the first half of 2025, marking a 33 per cent increase compared to the same period …
- BusinessEconomyFinance & ServicesManufacturing & Consumer GoodsMarketsNigeria
Nestlé Nigeria Returns to Profit with N50.6bn Half-Year Gain After Heavy Loss in 2024
Nestlé Nigeria Plc has bounced back to profitability, posting a profit after tax of N50.6bn for the half-year period ended June 30, 2025. This strong recovery comes after the food …
- BusinessCapital MarketEconomyFinance & ServicesMarkets
NGX Market Capitalisation Increases by N459bn as BUA Cement
The Nigerian Exchange Limited (NGX) continued its upward momentum on Tuesday, August 6, 2025, as the market saw renewed buying interest in major stocks. The All-Share Index (ASI) climbed by …
- AfricaAviationBusinessInnovationTechnologyTransportation
South African Airways Moves to Adopt Artificial Intelligence for Better Customer Service and Operational Efficiency
South African Airways (SAA) has revealed plans to start using artificial intelligence (AI) to improve customer service and resolve complaints faster as part of its broader digital transformation efforts. The …
A Nigerian businessman based in Canada, Mr Oluwafemi Ayeyemi, has appealed to the Federal Government to urgently address the twin problems of poor infrastructure and insecurity across the country. He …
- AviationBusinessBusiness PoliciesEconomyGovernanceInfrastructurePoliciesPublic Sector
N712bn MMIA Renovation Plan Sparks Debate as FAAN
The Federal Government’s decision to approve a whopping N712 billion for the renovation of the old Terminal 1 of the Murtala Muhammed International Airport (MMIA) in Lagos has sparked widespread …