Shipping companies operating at Apapa Port have started prioritising the discharge of import-laden containers over the evacuation of empty units due to a sharp and sustained surge in cargo volumes. …
Economy
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EconomyInfrastructureTrade and CommerceTransportation & Logisitics
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Arts & CultureBusinessEconomyFinance & ServicesNigeriaTravel & Tourism
FCMB Reaffirms Support for Ojude Oba Festival, Pledges Deeper Community and Economic Engagement
FCMB Group Plc has reiterated its unwavering support for the Ojude Oba Festival, describing the annual celebration as a vital cultural and economic asset that strengthens social bonds, promotes heritage, …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTTechnology
Coronation Merchant Bank Records 303% Profit Surge in 2024, Citing Strategic Repositioning and Value Creation
Coronation Merchant Bank has posted a remarkable 303 per cent rise in Profit After Tax (PAT) for the 2024 financial year, attributing the leap to deliberate strategic repositioning, operational discipline, …
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Banking, Finance & InvestmentBusinessDevelopmentEconomyLeadershipPolitics
Mauritania’s Dr Sidi Ould Tah Elected AfDB President as Nigeria’s Cardoso Wins Central Banker of the Year
Dr Sidi Ould Tah, a renowned economist and national of Mauritania, has been elected as the new President of the African Development Bank (AfDB). He will take over from Nigeria’s …
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BusinessEconomyEnergyGOVERNMENTOil & GasPolitics
President Tinubu Signs Executive Order to Cut Oil, Gas Costs and Attract More Investment into Nigeria’s Energy Sector
President Bola Ahmed Tinubu has signed a new Executive Order aimed at cutting the high cost of oil and gas production in Nigeria, increasing government revenue, and bringing in more …
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DevelopmentEconomyEnergyGhanaInnovationTechnology
Ghana to Host Mining in Motion 2025 Summit: Focus on Sustainable Growth and Global Impact
All eyes will turn to Accra, Ghana this year as the country prepares to host the highly anticipated Mining in Motion 2025 Summit, a major event that brings together key …
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DevelopmentEconomyInfrastructureNewsRWANDA
Rwanda Reshapes Its Cities with New Urban Policy, Digital Permits, and Affordable Housing Drive
Rwanda is taking bold steps to transform its urban landscape with a new set of policies and digital tools aimed at making its cities smarter, more inclusive, and easier to …
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AfricaEconomyKenya NewsMarketsPolicies
Kenya’s Inflation Drops to 3.8% in May, Stays Within Central Bank Target Range
Kenya’s annual inflation rate dropped to 3.8% in May 2025, down from 4.1% recorded in April, according to fresh data released by the Kenya National Bureau of Statistics (KNBS) on …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTMarketsPoliciesSouth Africa
South African Rand Holds Ground as Central Bank Pushes for Lower Inflation Target
The South African rand managed to hold on to most of its gains from the previous day during early trading on Friday, May 30, 2025, following fresh comments from the …
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AgricultureDevelopmentEconomyGOVERNMENTInfrastructureNewsPoliticsReal Estate
Sokoto Govt Approves ₦69 Billion for Housing, Agriculture, and Infrastructure Development
The Sokoto State Government has approved the sum of ₦69 billion for major developmental projects across the state. This was made known after the 4th Executive Council Meeting held on …