Tension is rising in Lagos after the Amalgamated Union of Motor Mechanics and Technicians of Nigeria (AUOMMATON) accused state-backed agents of forcefully demolishing 15 legally approved workshops at Otumara Mechanic …
Economy
- DevelopmentEconomyGOVERNMENTLabourNigeria
- BusinessEconomyFintechMarketsNigeriaTechnology
Interswitch Launches Emotional Masterbrand Campaign Highlighting Its Role
Africa’s leading digital payment and commerce company, Interswitch, has launched a new Masterbrand campaign aimed at showcasing its crucial but often unseen role in powering the day-to-day lives of Africans. …
- BusinessEconomyFintechInsuranceNigeriaTechnology
Transparency Scape Launches InsurEase App to Simplify Insurance Access for Nigerians
A new digital platform has entered Nigeria’s insurance market with a promise to make insurance easier, cheaper, and more accessible to everyone. Transparency Scape Insurance Brokers Limited, on Tuesday, officially …
- BusinessEconomyGOVERNMENTInfrastructureINVESTMENTNigeria
Governor Bala Mohammed Tells Investors: Bauchi is Safe and Ready for Business
The Governor of Bauchi State, Bala Mohammed, has assured both local and foreign investors that Bauchi is one of the safest states in Nigeria and fully prepared to welcome new …
- BusinessDangote IndustriesEconomyEnergyNigeriaOil & Gas
Marketers Refuse to Cut Petrol Prices Despite Dangote Refinery’s Price Slash
Many petrol marketers in Nigeria have refused to reduce their pump prices even after Dangote Petroleum Refinery cut its ex-depot price of petrol from N880 to N840 per litre. The …
- AviationBusinessEconomyTravel & Tourism
Global Air Travel Rises by 5% in May 2025, International Routes Lead Growth – IATA
The International Air Transport Association (IATA) has announced a 5.0 per cent increase in global air passenger traffic for May 2025, showing steady recovery and resilience in the aviation sector …
- EconomyTechnologyTelecommunicationsTransportation & Logisitics
Posta Kenya Battles for Relevance as Private Couriers Dominate Mail
The Posta Corporation of Kenya (PCK), popularly known as Posta, is currently battling for survival as it continues to lose relevance in the modern communication and logistics industry. Once the …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesNewsPoliciesSouth Africa
South African Inflation Expectations Crushed
South African analysts, business leaders, and trade unions have lowered their inflation expectations for the coming years, according to the latest survey released on Wednesday. This shift could encourage the …
- Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesKenyaPolicies
East African Central Banks Turn to Gold to Boost Foreign
East African countries are gradually shifting their foreign exchange (FX) reserve strategies by adding more gold, a move aimed at reducing dependence on the U.S. dollar and protecting their economies …
- AfricaAFRICA NEWSBusiness and EconomyEconomyEnergyInfrastructureNewsSouthern AfricaZAMBIA
Zambia Launches Largest Solar Power Plant to Boost Energy Security
Zambia’s President, Hakainde Hichilema, on Monday officially opened the country’s largest grid-connected solar power plant, a major step towards strengthening the nation’s electricity supply. The 100-megawatt solar facility, located in …