President Bola Ahmed Tinubu has said that Nigeria is now in a strategic position to become a net exporter to China within the next five years, following China’s recent decision …
Economy
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Neimeth Grows Revenue by 103%, Shareholders Commend Turnaround at 66th AGM
Neimeth International Pharmaceuticals Plc has announced a major leap in its 2024 financial year performance, recording a 103 per cent increase in revenue. The development was revealed during the company’s …
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Banking, Finance & InvestmentDevelopmentEconomyEnvironmentFinance & ServicesGOVERNMENT
Bank of Industry Launches Sustainable Finance Framework to Boost Inclusive and Climate-Resilient Growth
The Bank of Industry (BOI) has launched a Sustainable Finance Framework aimed at supporting inclusive, climate-resilient economic growth in Nigeria. This new initiative is a key part of the bank’s …
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AfricaAFRICA NEWSBusiness and EconomyEconomyEducationInfrastructureNewsSouth Africa
Eastern Cape Flood Disaster Leaves 95 Dead, R5.2 Billion in Damages
The Department of Cooperative Governance and Traditional Affairs (Cogta) has confirmed that the devastating storms that swept through the Eastern Cape earlier this month have left 95 people dead, caused …
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Durban July 2025 Set to Pump Nearly R700 Million into eThekwini Economy
Durban, South Africa – The highly anticipated 2025 Durban July horse racing event is expected to inject a whopping R690 million into the eThekwini Metro economy, with thousands of visitors, …
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Ghana’s Economy at Risk If Global Gold Prices Fall
A sharp drop in global gold prices could weaken Ghana’s foreign reserves and destabilise the cedi, UK-based research firm Fitch Solutions has warned in a new economic outlook. According to …
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AfricaAFRICA NEWSArts & CultureBusinessBusiness and EconomyDevelopmentEconomyLeadershipSouth Africa
Beth Arendse Appointed as New CEO of BASA
Business and Arts South Africa (BASA) has appointed Beth Arendse as its new Chief Executive Officer, with her tenure set to begin on 1 July 2025. BASA, a leading organisation …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesGOVERNMENT
Access Holdings Ranked Top in Asset Quality
Access Holdings Plc has emerged as the Tier 1 bank with the best asset quality in Nigeria, according to the recently released Proshare 2025 Tier 1 Banking Report. The financial …
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Heirs Energies Limited and Renaissance Africa Energy Company have announced a strategic partnership aimed at strengthening Nigeria’s oil and gas sector through indigenous leadership, local capacity development, and innovation. This …
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City Power, Eskom Settle R4 Billion Electricity Debt Dispute with Major Write-Off
South Africa’s electricity landscape may soon breathe easier after Johannesburg electricity distributor, City Power, and national utility Eskom finally reached an agreement over a long-standing billing and debt dispute worth …