The National Pension Commission (PenCom) and the Lagos State Governor, Babajide Sanwo-Olu, have renewed the push to bring informal sector workers into Nigeria’s Contributory Pension Scheme (CPS). This was the …
Economy
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Business PoliciesEconomyFinance & ServicesGOVERNMENTLabour
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BusinessEconomyEnvironmentINVESTMENTMobile Telecommunications Network (MTN)NigeriaTelecommunications
MTN Nigeria Invests N3.5bn in 2024 for Social and Environmental Impact, Total CSI Spend Hits N31.9bn
MTN Nigeria Communications Plc has announced that it invested N3.5 billion in Corporate Social Investment (CSI) initiatives in 2024, raising its total social impact spending to N31.9 billion since inception. …
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Arts & CultureBanking, Finance & InvestmentBusinessEconomyEventsFashion & StyleNigeriaPress ReleasesTravel & Tourism
Ecobank to Host 4th Edition of Adire Lagos Exhibition, Promoting Nigerian Culture and SMEs
Ecobank Nigeria has announced the return of its cultural and entrepreneurial event, the Adire Lagos Exhibition, for its fourth edition. The exhibition, which has now become a major annual showcase …
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BusinessBusiness PoliciesEconomyFinance & ServicesGOVERNMENTInternational RelationsNigeriaPoliciesTrade and Commerce
ACCI President Urges Nigeria to Improve Currency Swap with China to Support Businesses
The President of the Abuja Chamber of Commerce and Industry (ACCI), Chief Emeka Obegolu, has appealed to the Nigerian Government to take urgent steps to make it easier for local …
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AfricaAFRICA NEWSBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesInternational RelationsPolicies
Angola’s $200 Million Trouble with JPMorgan Exposes Africa’s Mounting Debt Pressure
Angola has found itself in the news again over its rising financial pressures, as a $200 million margin call from U.S. banking giant JPMorgan Chase & Co. has exposed the …
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AgricultureBusinessBusiness PoliciesDevelopmentEastern AfricaEconomyFinance & ServicesGOVERNMENTPoliciesRwandaRwanda Daily
Rwanda’s Economy to Grow Slower in 2025 as Government Budget Increases by 20%
Rwanda’s Finance Minister, Yusuf Murangwa, has told the nation’s parliament that the country’s economy will grow at a slower pace in 2025 compared to last year. Presenting a draft budget …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness InsightsCentral AfricaEconomyFinance & ServicesGhanaNigeriaUGANDAWestern AfricaZAMBIA
Ghana’s Cedi Strengthens as Nigeria’s Naira Holds Steady; Uganda and Zambia Currencies Show Mixed Trends
The Ghanaian cedi is expected to continue its upward trend in the coming week, buoyed by sustained support from the Bank of Ghana and increased foreign currency inflows. As of …
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BusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyFinance & ServicesManufacturingManufacturing & Consumer GoodsMarketsNigeriaWestern Africa
Manufacturers Count N1.91bn FX Loss in Q1 2025 Amid Currency Volatility
Nigeria’s manufacturing sector continues to feel the pinch of unstable foreign exchange rates, as top firms recorded a combined N1.91 billion forex loss in the first quarter of 2025. This …
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EconomyEnvironmentGOVERNMENTNigeriaWestern Africa
Shippers’ Council Seeks Stronger Backing for NESREA’s Environmental Role at Nigerian Ports
The Nigerian Shippers’ Council (NSC) has appealed for more support to enable the National Environmental Standards and Regulations Enforcement Agency (NESREA) to effectively carry out its environmental enforcement duties at …
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EconomyInfrastructureINVESTMENTNigeriaTrade and CommerceTransportation & Logisitics
Snake Island Port Reaffirms Support for Nigeria’s Trade and Industrialisation Goals
Snake Island Port has reaffirmed its commitment to supporting Nigeria’s trade expansion and industrialisation agenda, highlighting its role in enhancing port infrastructure, attracting investment, and driving economic development. The declaration …