A new report by Proshare has revealed that only two Tier 1 banks — Zenith Bank and Access Holdings — have crossed the N500 billion share capital and share premium …
Economy
- Access BankBanking, Finance & InvestmentBusinessEconomyFinance & ServicesZenith Bank
- AgricultureEconomyFinance & ServicesGOVERNMENTInfrastructurePolicies
President Tinubu Says Nigeria Is on Path to Food Sovereignty
President Bola Ahmed Tinubu has said that Nigeria is on its way to food sovereignty due to the policies his administration has put in place. He made this statement on …
- AfricaEconomyGOVERNMENTPoliticsSecurity
Nigerians Celebrate Democracy Day Amid Rising Protests and Rising Living Costs
Nigerians across the country marked Democracy Day on Thursday, June 12, 2025, reflecting on 26 years of uninterrupted civilian rule in the country. The day was a mixture of celebration …
- EconomyEnergyEnvironmentFinance & ServicesInfrastructureTechnology
South Africa’s PIC Commits R656 Million to SA-H2 Fund
The Public Investment Corporation (PIC), which is South Africa’s state-owned asset manager, has committed a significant amount of money—R656 million—to the SA-H2 Fund. This fund is a blended finance project …
The South African rand showed modest gains in early trading on Thursday, edging higher as investors awaited key mining production figures. At 06:45 GMT, the rand traded at 17.7150 against …
- DevelopmentEastern AfricaEconomyFinance & ServicesINVESTMENTPolitics
Tanzania Eyes 6% Economic Growth in 2025, Boosted by Reforms and Investment
Tanzania’s economy is projected to grow by approximately 6% in 2025, up from 5.4% in 2024, according to Finance Minister Mwigulu Nchemba and Central Bank Governor Emmanuel Tutuba. The optimistic …
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesInnovationTechnology
Nigerian Banks’ Recapitalisation to Benefit Marine, Arts, Hospitality Sectors
Some sectors of the Nigerian economy, like the marine and blue economy, entertainment and arts, and hospitality, are expected to benefit from the ongoing recapitalisation of banks. This was made …
- AfricaBusinessEconomyManufacturing & Consumer GoodsMarketsSouth Africa
MR.DIY Opens First South African Store at Menlyn Mall, Pretoria
Malaysia’s largest home improvement retailer, MR.DIY, has officially entered the South African market with the opening of its flagship store at Menlyn Mall in Pretoria. The new outlet, which opened …
Build One South Africa (BOSA), the political party led by former Democratic Alliance (DA) leader Mmusi Maimane, has officially tabled its first piece of legislation – the Fair Pay Bill …
- Banking, Finance & InvestmentBusinessDevelopmentEconomyFinance & Services
PremiumTrust Bank Opens New Branch in Osogbo to Expand Services and Support Economic Growth
PremiumTrust Bank, a leading commercial bank in Nigeria, has opened a new branch in Osogbo, the capital of Osun State. The bank made this announcement in a statement on Thursday. …