Economy

The Manufacturers Association of Nigeria (MAN) has endorsed the Ogun State Government’s approach to plastic waste management, describing its ‘Blue Box’ and ‘Plastics for Cash’ initiatives as forward-thinking and economically …

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has generated a total of N28.11 billion in miscellaneous oil revenue between January and May 2025. This amount, which was fully remitted to …

Unilever Nigeria Plc has appointed Ibrahim Sodipe as its new Executive Director, effective July 1, 2025. The company announced this appointment in a statement released to the Nigerian Exchange Limited, …

Togo is making a bold attempt to revive its cotton sector, which has seen years of steady decline. The country is aiming to produce over 92,500 tons of seed cotton …

Commercial banks in Kenya are reducing their lending rates, following recent moves by the Central Bank of Kenya (CBK) to ease its monetary policy in an effort to boost private …

Telkom Kenya, once a trailblazer in the country’s telecommunications industry, is now facing a steep decline in market relevance as it struggles to keep pace with dominant rivals Safaricom and …

Guaranty Trust Holding Company Plc (GTCO) has announced plans to raise about $100 million through a fully marketed equity offering on the London Stock Exchange (LSE). This move is part …

Veteran Asia-Pacific investor and founder of the Research Alpha fund, Michael McGaughy, has praised the economic reforms introduced by the Central Bank of Nigeria and President Bola Tinubu’s administration, describing …

Royal Exchange Plc, a key player in Nigeria’s insurance and financial services sector, has reported a profit after tax of N496.8 million for the financial year ended March 31, 2025. …

The International Monetary Fund (IMF) has praised the Central Bank of Nigeria (CBN) for the bold reforms it introduced to stabilise the economy, but warned that Nigeria may exceed its …