The South African rand opened weaker on Tuesday morning as financial markets turned their focus to the upcoming interest rate decision by the South African Reserve Bank (SARB),the rand was …
Economy
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BusinessEconomyFinance & ServicesPoliciesSouth Africa
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AfricaBusiness InsightsDevelopmentEconomyEducationINVESTMENTMarketsReal Estate
Decoding African Real Estate Market
The insightful investor, whether seasoned or just stepping into the vibrant currents of Nigeria’s property market, understands that numbers, while crucial, are but one part of the story. In our …
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BusinessEconomyEnergyEnvironmentGOVERNMENTSouthern Africa
South Africa to Launch National Petroleum Company as Energy Sector Eyes Sustainable Future
Stakeholders in the oil and gas industry are preparing to gather for the official launch of the South African National Petroleum Company (SANPC) — a major milestone in the country’s …
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesGOVERNMENTKenyaKenyan News
World Bank Cuts Kenya’s 2025 Growth Forecast to 4.5% Over Debt, Lending Rates and Private Sector Struggles
The World Bank has revised its economic growth forecast for Kenya down to 4.5% for 2025, cutting half a percentage point from its earlier projection. The global lender cited rising …
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BusinessEconomyEnergyInfrastructureOil & GasPolicies
NNPC Shuts Down Port Harcourt Refinery for Maintenance, Just Months After Restarting Operations
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that it is shutting down the Port Harcourt Refining Company (PHRC) for a planned maintenance exercise, starting from May 24, …
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EconomyEducationHealthcareNigeriaSecurity
How IPOB’s Sit-at-Home Protest Crashed Southeast Nigeria’s Economy by ₦7.6 Trillion in 4 Years
Over the past four years, the southeastern region of Nigeria has experienced significant economic and social disruptions due to the Indigenous People of Biafra (IPOB)’s sit-at-home orders. These weekly shutdowns, …
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BusinessEconomyEnergyEventsGOVERNMENTSecuritySouth Africa
South Africa Launches SANPC to Bolster National Energy Security
The South African National Petroleum Company (SANPC) was officially launched on May 23, 2025, in Johannesburg, signaling a new era for the country’s energy sector. President Cyril Ramaphosa, alongside Minister …
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EconomyGOVERNMENTNewsNigeriaPolitics
National Assembly Nears Final Passage of Harmonised Tax Reform Bills
The National Assembly has signalled its intention to pass the harmonised Tax Reform Bills by Tuesday, following the successful conclusion of a thorough review of contentious clauses in the proposed …
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BusinessEconomyInsuranceLeadershipNewsNigeria
Prudential Zenith Life Appoints Funmilayo Omo as CEO, ‘Tokunboh Ishmael as Board Chair After Full Takeover by Prudential Plc
Prudential Zenith Life Insurance Limited has appointed Mrs. Funmilayo Abimbola Omo as its new Managing Director and Chief Executive Officer. The company also announced the appointment of Ms. ‘Tokunboh Ishmael …
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AfricaBusinessBusiness InsightsBusiness PoliciesEconomyHealthcareINVESTMENTManufacturingNigeriaPolicies
Pharma Stakeholders Call for Local Production, Investment at 2025 Nigeria Pharmaceutical Summit
Top stakeholders in Nigeria’s healthcare and pharmaceutical sectors have reiterated the urgent need to improve local drug manufacturing capacity, calling for increased investment, technology adoption, and strategic partnerships. The call …