The International Air Transport Association (IATA) has raised serious concerns over the state of aviation safety in Africa, revealing that 46 out of 48 countries in Sub-Saharan Africa have not …
Business
- AviationBusinessEconomyTransportation
The National Insurance Commission (NAICOM) has released new operational guidelines for Insurtech companies in Nigeria, in a move aimed at improving innovation, protecting consumers, and growing digital insurance in the …
- BusinessEconomyHealthcareINVESTMENTStartupsTechnology
W Health Ventures Plans $100 m for Indian Health Startup Growth
W Health Ventures, a health-focused investment company, is planning to raise a new fund of $70 million (about ₦105 billion) with a possibility of going as high as $100 million …
- Banking, Finance & InvestmentBusiness and EconomyCapital MarketCorporate Earnings
FCMB Grows Half-Year Profit to N73.4bn in 2025
FCMB Group Plc has announced a strong financial performance for the half-year period ended June 30, 2025, showing major growth in revenue, profit, and customer deposits, despite some challenges in …
- BusinessConsumer AffairsInternational, RegulationTechnology
Temu Risks Consumer Safety, Faces EU Scrutiny
The European Union (EU) has accused popular online shopping platform Temu of failing to protect consumers by allowing the sale of illegal and potentially harmful products, in violation of its …
- BusinessCorporate NewsEconomyFinance & ServicesNigeria
Transcorp Power Declares N11.25bn Dividend on Strong Earnings
Transcorp Power Plc, the electricity generation arm of Transnational Corporation Plc (Transcorp Group), has posted strong financial results for the first half of the year ended June 30, 2025. The …
The Corporate Affairs Commission (CAC) has announced plans to remove about 100,000 dormant companies from its official register for failing to comply with the Companies and Allied Matters Act (CAMA), …
- BusinessEconomyInfrastructureManufacturingTrade & Investment,
Dangote Cement Posts N520.5bn Profit in H1 2025
Dangote Cement Plc, Africa’s largest cement producer, has recorded a massive N520.5 billion profit after tax for the first half of 2025, according to its unaudited financial results released to …
- Banking, Finance & InvestmentBusinessCryptocurrencyDigital EconomyTechnology
Institutional Crypto Trading Begins at StanChart
Standard Chartered Bank (StanChart) has launched a new digital asset trading service that will allow its institutional clients to buy and sell cryptocurrencies, including Bitcoin (XBT/USD) and Ether (XET/USD). The …
- BusinessEconomyInfrastructureMobile Telecommunications Network (MTN)SecurityTechnologyTelecommunications
Fibre Cuts, Vandalism Cost MTN N17.6bn in Network Losses
Between January and June 2024, telecoms giant MTN Nigeria faced over 13,700 fibre cuts across the country, severely affecting network quality and leading to massive financial losses. The company’s Chief …