Heidelberg Materials, one of the world’s top cement producers, has started the 2025 financial year on a solid note, with better-than-expected earnings in the first quarter. The German company, which …
Economy
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AFRICA NEWSBusinessBusiness InsightsEconomyInfrastructureInternational RelationsManufacturingMarkets
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EconomyFinance & ServicesFood ProductionGhanaPoliciesWestern Africa
Ghana’s Inflation Drops Again, Now at 21.2% in April
Ghana’s inflation rate has dropped for the fourth straight month, falling to 21.2% in April 2025 from 22.4% recorded in March, according to data released on Wednesday by the Ghana …
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AfricaEastern AfricaEconomyFinance & ServicesGOVERNMENTInternational RelationsKenyaKenya NewsPolicies
Kenya Rules Out New Taxes in 2025/2026 Budget After Deadly Protests
Kenya’s government has said it will not introduce new taxes or increase current ones in the 2025/2026 budget. This announcement comes after last year’s deadly protests forced President William Ruto’s …
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AfricaAFRICA NEWSBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsPolicies
Investors Watch DMO’s ₦550bn Treasury Bills Auction as Market Eyes Interest Rate Direction
Many investors are paying close attention to the Treasury Bills auction being held today, Tuesday, May 7, 2025, as the Debt Management Office (DMO) offers ₦550 billion worth of T-bills …
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Dangote IndustriesEconomyManufacturingNigeriaTrade and Commerce
Dangote Packaging Targets African Markets After Boosting Production Capacity
Dangote Packaging Limited (DPL), a subsidiary of the Dangote Group, has revealed plans to enter export markets across Africa after ramping up its monthly production capacity of polypropylene bags from …
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AgricultureBusinessEconomyINVESTMENTNigeriaNorth Africa
Taraba Showcases Investment Potentials Ahead of May 21 Summit
The Taraba State Government has announced plans to host the Taraba State International Investment Summit (Taravest 2025) on May 21 in Jalingo, as part of efforts to unlock the state’s …
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BusinessBusiness and EconomyBusiness InsightsBusiness PoliciesEconomyGOVERNMENTManufacturingNigeria
NECA Backs FG’s Buy Made-in-Nigeria Policy, Calls for Strict Implementation
The Nigeria Employers’ Consultative Association (NECA) has expressed strong support for the Federal Government’s new Buy Made-in-Nigeria Procurement Policy, describing it as a timely move to drive industrial growth and …
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BusinessBusiness InsightsBusiness PoliciesEconomyEnergyInfrastructureNigeriaOil & GasSecurity
Seplat Energy to Boost Gas Supply to Nigeria LNG by 12% Amid Pipeline Challenges
igeria LNG Limited is set to receive a major boost in gas supply as Seplat Energy has entered into a new preliminary agreement to supply over 150,000 tons of gas …
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BusinessBusiness InsightsDevelopmentEconomyEntrepreneurshipGOVERNMENTNigeriaWestern Africa
SMEDAN Creates Over 90,000 Jobs, Empowers 116,000 Entrepreneurs in First Quarter of 2025
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says it created 90,160 jobs for unemployed Nigerian youths in the first quarter of 2025. The agency also said it …
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BusinessBusiness InsightsEconomyLeadershipNigeriaTechnology
PwC Survey: Nigerian CEOs Battling Inflation but Remain Hopeful, Focus on AI and Sustainability
A new report by PricewaterhouseCoopers (PwC) has revealed that Nigerian Chief Executive Officers (CEOs) are facing significant pressure from inflation and economic instability, yet remain hopeful about the country’s future …