Rwanda has announced plans to withdraw from the Economic Community of Central African States (ECCAS), deepening diplomatic tensions in the region over renewed violence involving M23 rebels in eastern Democratic …
Economy
- Central AfricaCongoDevelopmentEconomyPoliticsRwandaSecurity
- BusinessDevelopmentEconomyReal EstateTravel & Tourism
Short-let Rentals Booming in Lagos, Changing Nigeria’s Property Market
Short-let rentals, especially through Airbnb and local platforms, are now changing the face of Nigeria’s real estate market, particularly in big cities like Lagos. As the country battles a serious …
- BusinessEconomyEntrepreneurshipFinance & ServicesINVESTMENTNigeriaTechnology
Gbenga Magbagbeola Charts New Path for Nigerian Investors as He Leads Sycamore Asset Management
Gbenga Magbagbeola, the new Managing Director of Sycamore Investment and Asset Management Limited, says his firm is taking a fresh approach to tackle problems that have made investing difficult for …
- BusinessEconomyGOVERNMENTInfrastructureNigeriaPolicies
Cutix CEO Laments High Interest Rates, Insecurity, and Influx of Fake Products
NNEWI, Nigeria – Chief Executive Officer of Cutix Plc, Ijeoma Odunoye, has raised fresh concerns over the challenges confronting Nigerian manufacturers, particularly in the cable industry. In a recent interview, …
- BusinessEconomyFinance & ServicesINVESTMENTLeadershipNewsNigeria
Trustfund Pensions Declares 55 Kobo Dividend as Profit Rises 48% in 2024
Trustfund Pensions Limited has declared a dividend of 55 kobo per share for the 2024 financial year after recording strong financial growth across key performance indicators. The company made this …
- EconomyFinance & ServicesINVESTMENTMarkets
Gold Prices Surge as Investors Brace for U.S. Jobs Report Amid Economic Uncertainty
Gold prices have risen this week as investors watch carefully ahead of the much-anticipated U.S. nonfarm payrolls report. Spot gold increased by 0.5 percent to $3,368.49 per ounce, while U.S. …
- AFRICA NEWSBanking, Finance & InvestmentEconomyFinance & ServicesInternational RelationsZAMBIA
Zambia Confirms Afreximbank Loan is Commercial, Begins Talks to Restructure It.
Zambia has confirmed that its loan from the African Export-Import Bank (Afreximbank) is a commercial loan and not concessional. The country’s Secretary to the Treasury, Mr. Felix Nkulukusa, made this …
- AviationEconomyEducationNewsNigeriaPolicies
Keyamo Urges Aviation Industry to Invest in Young Talent for Sector Sustainability
The Minister of Aviation and Aerospace Development, Festus Keyamo (SAN), has called on stakeholders in the aviation industry to intentionally identify, nurture, and harvest young talents as a strategy for …
- Business and EconomyEconomyFinance & ServicesGOVERNMENTNigeria
SMEDAN Secures N11 Billion, Creates 100,000 Jobs in Two Years – DG Charles Odii
The Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Charles Odii, has revealed that the agency has facilitated over N11 billion in financial support for …
- BusinessBusiness and EconomyEconomyInfrastructureManufacturingManufacturing & Consumer GoodsNigeriaPoliciesTrade and Commerce
Manufacturers Push for Binding ‘Nigeria First’ Law, Call for Urgent Policy Action to Revive Sector
Key players in Nigeria’s manufacturing industry have renewed calls for decisive government action to unlock the country’s production potential, stressing that economic revival is impossible without strong policy frameworks, legal …