Senegal’s international bonds fell sharply on Monday after Moody’s Investors Service downgraded the West African nation’s credit rating, warning that it was becoming less certain the country would be able …
Economy
- Debt Management,EconomyFinanceGOVERNMENTInternationalINVESTMENTWestern Africa
- BusinessEconomyGlobal DevelopmentInfrastructureINVESTMENTTechnology
Google to Invest $15 Billion in Building Massive AI Hub in Southern India
Google has announced a major $15 billion investment plan to build a new data centre hub dedicated to artificial intelligence (AI) development in southern India. The project, which will be …
- Consumer AffairsEconomyEnergyGovernment PolicyMarketsNigeriaOil & GasPetroleum
Ekpo Orders Clampdown on Cooking Gas Hoarders as Prices Double Nationwide
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has directed regulatory agencies to clamp down on marketers hoarding or exploiting consumers following the recent sharp rise in the …
- Digital EconomyEconomyGovernanceInfrastructureSecurityTelecommunications
Telecom Firms Report 3,200 Equipment Thefts, 19,000 Fibre Cuts in 2025 – NCC
Nigeria’s telecommunications operators have recorded over 3,200 cases of equipment theft between January and August 2025, further compounding the operational challenges slowing down broadband expansion across the country. According to …
- AviationBusinessEconomyTradeTransportation & Logisitics
Foreign Airlines Accused of Frustrating Cargo Clearance at Nigerian Airports
Licensed freight agents under the Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) have accused some foreign airlines of causing delays in cargo clearance at Nigerian airports …
- AwardsBankingBusinessEconomyTechnology
Polaris Bank Wins Digital Bank and MSME Bank of the Year at 2025 BAFI Awards
Polaris Bank has reaffirmed its leadership in Nigeria’s digital banking space by winning two major honours — the Digital Bank of the Year and Best Bank for Micro, Small and …
- EconomyGlobal NewsMarketsPoliticsTechnologyTrade
China Condemns Trump’s 100% Tariffs on Chinese Goods
China has criticised the decision by the United States President, Donald Trump, to impose 100 per cent tariffs on all Chinese goods, describing the move as “hypocritical” and harmful to …
- BusinessEconomyFinanceMergers & AcquisitionsNews
Stanbic IBTC Leads Financial Arrangement for UAC’s Acquisition of CHI Limited
Stanbic IBTC Holdings Plc has played a major role in the acquisition of CHI Limited by UAC of Nigeria Plc, acting as the mandated lead arranger and delivering a full …
- BusinessEconomyFinancial InclusionInnovationRural Development
Jumia Expands Rural E-Commerce Reach with New Report Highlighting Digital Inclusion
Jumia, one of Africa’s leading e-commerce platforms, has launched the second edition of its flagship report titled “E-Commerce in Rural Areas,” highlighting how digital retail is transforming underserved communities across …
- DevelopmentEconomyGOVERNMENTInfrastructureTransportation
FG Extends Keffi–Nasarawa–Toto Road Project to Abaji for Better Connectivity
The Federal Government has approved the extension of the ongoing Keffi–Nasarawa–Toto Road project to Abaji in the Federal Capital Territory, bringing the total length of the corridor to 199 kilometres. …